Bottom of the pyramid refers to
A)the largest and most powerful socioeconomic group of people in the world whose combined buying power essentially dominates the world's economy.
B)the tenth lowest firm,in terms of market share,within any given industry.
C)the last link in the chain between the manufacturer and the ultimate consumer.
D)the department within a firm with the least input into how the organization operates.
E)the largest,but poorest socioeconomic group of people in the world.

Question

Quizplus · Accepted Answer

The term "bottom of the pyramid" refers to the largest, but poorest socioeconomic group of people in the world, who have limited access to basic goods and services due to their low income levels. This group typically represents more than half of the world's population and is often the focus of efforts to provide affordable and sustainable solutions to improve their standard of living.

Bottom of the Pyramid Refers to