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The Fortune at the Bottom of the Pyramid
book

The Fortune at the Bottom of the Pyramid

by Harvey C. Fruehauf, C. K. Prahalad
July 2004
Beginner to intermediate
432 pages
11h 19m
English
Pearson
Content preview from The Fortune at the Bottom of the Pyramid

Chapter 2. Products and Services for the BOP

As we saw in the previous chapter, the BOP can be a viable growth market. During the last decade, many MNCs have approached BOP markets with an existing portfolio of products and services. Because these product portfolios have been priced and developed for Western markets, they are often out of reach for potential customers in BOP markets. More important, the feature–function set has often been inappropriate. As a result, the promise of the emerging BOP markets has been largely illusory.[1] At the same time, developmental agencies have also tried to replicate developed country models at the BOP with equally unsatisfactory results. The development assistance community has invested billions in Western ...

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Publisher Resources

ISBN: 0131467506Purchase book