The 4 billion people comprising the base of the pyramid,they earn less than $2‚000 each per year. The base of the pyramid is poorest but largest socio-economic group. In 2012‚ two billion to three billion people live in poverty worldwide. This huge base of the pyramid has an estimated $5 trillion in purchasing power.While the developed markets are well saturanted‚ the base of the pyramid become more attractive for many enterprises.The base of the pyramid may indeed provide strong growth engines‚not
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info@ssireview.org‚ www.ssireview.org Action Case Study Better Vision for the Poor would seem that private companies could profitably supply eyeglasses to the poor—an ideal situation for applying the bottom of the pyramid (BOP) approach popularized by C.K. Prahalad. In 2005‚ Essilor International‚ a publicly traded French company‚ launched a BOP initiative targeting the Indian By Aneel KArnAni‚ BernArd GArrette‚ JordAn KAssAlow‚ & Moses lee rural poor. But the project has yet to make a profit. Estimates
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Project management and R&D ESSILOR By Llerena Stéphanie & El Kafi Leïla Powerpoint Templates Page 1 A Quick Presentation Essilor is a worldwide company‚ represented in 100 countries‚ and more than 20000 employees. The firm is the world leader in corrective lenses and the fourth biggest in health equipment in Europe. Essilor bases its competitiveness on research and development. KEY NUMBERS : 50 % of Essilor’s income is generated by products launched less than 5 years ago 30 % of
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Business Research Business Research Is the advertisement strategy used by Vodafone in India successful? Submitted to Submitted by Batch Reg. No. Prof. Dilip Hitesh Goyal Sheron Prabu PGPRM-9 MBA12 B BLR 0903071001 BLR 0903031042 Page 1 Business Research 1. Introduction Vodafone is known for its unique advertisement campaign such as pug‚ happy to help service and latest released Zoozoo advertisement campaign. The Zoozoo¶s advertisements were created in South Africa by Ogilvy & Mather
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E c o n o m i c & S o c i a l DESA Working Paper No. 80 ST/ESA/2009/DWP/80 August 2009 A f f a i r s The Bottom of the Pyramid Strategy for Reducing Poverty: A Failed Promise Aneel Karnani Abstract The movement emphasizing free markets to reduce poverty has found strong expression in the ‘bottom of the pyramid’ approach in recent years. It views the poor as “resilient and creative entrepreneurs and value-conscious consumers”. This romanticized view of the poor harms the poor in
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Perspective: McDonald’s India ETH/316 May 1‚ 2014 Cross Cultural Perspective: McDonald’s India McDonald’s launched it first restaurant in 1996. Unlike any other market‚ McDonald’s corp. has ventured in‚ India showed to be one of the toughest. As India’s population is very diverse and complex between different communities‚ religions‚ beliefs‚ and value systems‚ Mcdonald’s had to consider the cultural‚ economical and sociopolitical factors. Cultural Issue Because 80% of the population in India practice Hindu
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Pepsi’s Entry into India: A Lesson in Globalization Case summary: The case discusses the major strategies adopted by Pepsi Co (Soft drinks & snack food major) to enter the Indian market in the late 1980s. Initially the company found it very hard to sell itself to the Indian government as the Indian economy was highly regulated. So to lure Indian government Pepsi Co made promises of working towards enrichment of the rural economy Punjab by getting involved in the agricultural activities. Pepsi
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Great Pyramids‚ specifically‚ The Great Pyramid at Giza. This Great Pyramid is considered to be one of the Seven Wonders of the World. This Great Pyramid contains chambers specifically for the King and Queen and is believed to have taken 20 years to have been built. (Wikipedia) The Egyptians employed many experienced men‚ up to 100‚000. These men were worked hard and work for 10 days to receive one day off. (Smith) What I believe is most amazing in the creation of this Great Pyramid is Egyptians
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Strategies for SMEs in India BY Madhuchhanda Karmakar Department of Human Resource Management Army Institute Of Management‚Kolkata Judges Court Road Opposite Alipore Telephone Exchange Kolkata-700027 India e-mail: mkarmakar4@gmail.com Introduction: In the post liberalization and opening up of the economy business era‚ ease in international trade barriers‚ economic liberalization‚ globalization‚ privatization‚ disinvestments and deregulation have thrown several challenges
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Case study: MTN Introduction: The resource-based view of strategy According to Segal-Horn (2004 p 163) the Resource-Based View (RBV): “ ... places the firm rather than the industry at the centre of strategy formulation ... It has an internal resource focus rather than an external industry or market focus for strategic thinking.“ Why RBV? Rumelt’s research (Unit 3 Section 2 pp 8-9)‚ although contested‚ showed that the industry environment accounted for a very small percentage of the
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