Bottom of the pyramid: Doing business with the poor


Essai, 2013

11 Pages, Note: 1,7


Résumé ou Introduction

Strive for market shares, the willingness or necessity to increase revenues or diversify risk can be key drivers for innovative firms in going abroad (Peng, 2009). Usually,these companies favour markets somewhat similar to their already developed, saturated home markets with a large potential customer base and mass purchasing power (London & Hart, 2004; Peng, 2009). The article ‘Serving the World’s Poor, Profitably’ written by C.K. Prahalad and Allen Hammond, published in the Harvard Business Review in September 2002, stretches the tremendous sales potential for multi-national enterprises (MNEs) in doing business with the very poor. It builds on the socio-economic concept of the bottom-ofthe-pyramid (BoP), which refers to nearly four billion potential consumers with an annual income of less than US$ 2,000; that is two-third of the world’s population (Prahalad & Hart, 2002)[...]

Résumé des informations

Titre
Bottom of the pyramid: Doing business with the poor
Université
University of St Andrews  (School of Management)
Note
1,7
Auteur
Année
2013
Pages
11
N° de catalogue
V268020
ISBN (ebook)
9783656594802
ISBN (Livre)
9783656594772
Taille d'un fichier
393 KB
Langue
anglais
Annotations
An essay written by a St Andrews postgraduate student at the School of Management based on ‘Serving the World’s Poor, Profitably’ by C.K. Prahalad and Allen Hammond (Harvard Business Review, September 2002) in October 2013.
Mots clés
Prahalad, Doing business with the poor, Hammond, Bottom of the pyramid, Base of the pyramid, Corporate Social Responsibility, Poverty Premium, Emerging markets, BoP opportunity
Citation du texte
Benjamin Renner (Auteur), 2013, Bottom of the pyramid: Doing business with the poor, Munich, GRIN Verlag, https://www.grin.com/document/268020

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