Which of the Following Statements Holds True for the Concept

question 47

Multiple Choice

Which of the following statements holds true for the concept, "bottom of the pyramid (BOP) " as defined by professors C.K.Prahalad and Stuart L.Hart?

• A)It represents the four billion to five billion people who form a part of the lowest economic strata in the developed economies.
• B)It represents the four billion to five billion people for whom the availability of electricity, telephones, credit, refrigeration, and other such amenities are guaranteed by their respective governments.
• C)It represents the four billion to five billion people living on less than $2 per day, typically in emerging economies.
• D)It represents the four billion to five billion people of the third world countries who have been subject to political persecution.
• E)It represents the four billion to five billion people constituting the persecuted ethnic minority groups of Eastern Europe.

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Definitions:

Environment

The sum of all external conditions and influences affecting the life and development of organisms, including natural and built environments.

Need to Belong

An inherent human drive to form and maintain strong, stable interpersonal relationships.

Proximity Effect

The phenomenon where individuals become more attracted or feel closer to those who are physically nearer to them.

Relationships

Connections or associations between two or more people, which can vary in intensity and importance.