The largest,but poorest socioeconomic group of people in the world,are often referred to as being at the
A)bottom of the pyramid.
B)pivot point of economic growth.
C)focal point of economic change.
D)top of the pyramid.
E)edge of global evolution.

Question

Quizplus · Accepted Answer

"Bottom of the pyramid" is a term coined by C.K. Prahalad to refer to the largest but poorest socioeconomic group of people in the world, who live on less than $2 a day. This group represents about 4 billion people and is often overlooked and neglected by businesses and government policies. Prahalad argues that this group represents a vast untapped market and an opportunity for businesses to create innovative solutions that both address social issues and generate profits.

The Largest,but Poorest Socioeconomic Group of People in the World,are