All of the Following Are True Aspects About the 'Bottom

question 112

Multiple Choice

All of the following are true aspects about the 'bottom of the pyramid' except

• A)this socio-economic group is not a concern to global businesses
• B)individuals live on less than $2 a day
• C)the population of this socio-economic group is approximately 4 billion
• D)this socio-economic group is a focus for global businesses

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Definitions:

Long-Term Relationship

An ongoing connection or engagement between parties, often characterized by trust, loyalty, and mutual benefits.

Achieving An End

The process or actions taken to reach a desired goal or outcome.

Customer Preferences

Individual tastes or choices of consumers that influence their purchasing behavior.

Strategic Customer Relationships

Building and maintaining long-term interactions with customers to understand their needs better and create mutual value over time.