According to C

question 110

Multiple Choice

According to C. K. Prahalad, which of the following represents the misconception that leads international markets to ignore the bottom-of-the-pyramid markets?

• A) Products usually developed for more affluent consumers will not be appropriate for BOPMs.
• B) Most BOPMs are geographically isolated and thus difficult to access.
• C) Protective policies make BOPMs difficult to penetrate.
• D) Exchange-rate fluctuations make BOPMs very volatile.
• E) Language and cultural barriers make BOPMs unattractive and sometimes hostile.

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Definitions:

Criminal Law Suit

A legal proceeding involving a person who is charged with a crime, facing penalties such as fines or imprisonment.

Private Party

An individual or group not representing a company or organization, especially in transactions or legal contexts.

Foreign Corrupt Practices Act

A United States federal law that aims to prevent the bribery of foreign government officials by American corporations in order to obtain or retain business.

Foreign Officials

Individuals holding positions of authority or public service in countries outside one's own, often involved in governmental or international relations.