OPPORTUNITIES AT THE “BOTTOM OF THE PYRAMID” In economics‚ the “Bottom of the Pyramid” refers to the largest‚ poorest socio-economic group and do not have access to the benefits of modern‚ organised and efficient industrial systems. In global terms‚ this is the 4 billion people who live on less than US$2 per day. The “Bottom of the Pyramid” phrase is used in particular by people developing new models of doing business that deliberately target that demographic‚ often using new technology.
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Career is defined by the Oxford English Dictionary as a person’s "course or progress through life (or a distinct portion of life)". It can also pertain to an occupation or a profession that usually involves special training or formal education‚[1] and is considered to be a person’s lifework.[2] The etymology of the term comes from the m. French word carriere (16 c.) ("road‚ racecourse") which‚ in turn‚ comes from the Latin word "(via) cararia" (track for wheeled vehicles) which originated from the
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Career Planning‚ Succession Planning and Leadership management Career Planning Career planning is a lifelong process‚ which includes choosing an occupation‚ getting a job‚ growing in our job‚ possibly changing careers‚ and eventually retiring Career planning is a subset of career management. Career planning applies the concepts of Strategic planning and Marketing to taking charge of one ’s professional future. Career planning is the key process in career management. It uses all the information
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her weekly salary. Product market c. The manager buys dinner at Billy’s Café. Product market d. After he pays all of his employees their wages and pays his other bills‚ the owner of Billy’s Café takes his profit. Factor market 2. List the opportunity costs of the following: a. going to college - the money you would have earned if you worked instead. b. missing a lecture – takes away from your knowledge of that lesson. c. withdrawing and spending $100 from your savings account‚ which earns
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Chapter 3 1. Opportunity cost can be defined as the value of something you gave up in order to gain‚ or acquire something else (McEachern‚ 2015‚ p. 24). A. With the definition in mind‚ higher levels of education for women would be an increase in opportunity cost. A woman with a higher level of education allows one to make more money in the work place than if she had little to no education. B. Higher Unemployment rates for women would be a decrease in opportunity costs as it would not pay for her
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Motivation : It can be defined as the driving force behind all the actions of an individual. Motivation refers to the dynamics of our behavior‚ which involves our needs‚ desires‚ and ambitions in life. Motivation is based on your emotions and achievement-related goals. There are different forms of motivation including extrinsic‚ intrinsic‚ physiological‚ and achievement motivation. There are also more negative forms of motivation. Achievement Motivation :
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Marketing opportunities Executive Summary: BBQfun is one of Queensland’s specialty retailers. The BBQfun brand is synonymous with barbeque retailing and is built on the strong foundation of selling barbeques and outdoor lifestyle items to Queensland consumers since 2009. BBQfun’s product range is primarily focused on barbeques and outdoor lifestyle products‚ incorporating both local and important goods. BBQfun operates two stores in Queensland‚ one in Brisbane and one at the Gold Coast. BBQfun
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In today’s world‚ there are many opportunities for adults to work. Some of these jobs are in the private sector‚ and some are in the public sector. Among the public jobs‚ policemen and firemen are the more recognized career paths. Either is noble and helpful to society‚ but firefighting offers more variety and opportunities for one to advance. A career in firefighting can be a good career path to use one’s gifts and talents‚ help other people‚ and make an honest living. When people hear that
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We often choose to believe that America is a country of equal opportunity and that everyone has equal opportunities to succeed just like any other American. We pride ourselves on our so called “melting pot” of culture and diversity‚ but in all reality this is a facade and the United States of America is far more stereotypical than we care to admit. We put limits on those that are considered “different” or “abnormal” creating incredibly difficult obstacles that the common American doesn’t even consider
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Career development is one of the most important aspects of modern human work life. More or less‚ everybody is unconditionally concerned about his/her career development and in one sense this is a basic ingredient of modern human life. So‚ keeping in mind the importance of this vital factor‚ we have conceived some very exciting‚ unique and instrumental career development courses for the subsequent upliftment of the professional careers of all our stakeholders. We have started a firm called “LeaPro”
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