GENERAL KNOWLEDGE

GK

HUMAN RESOURCE MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has advanced the Bottom of the Pyramid concept?
A
C.K. Prahlad
B
Peter Drucker
C
Garry Dessler
D
Michael Porter
Explanation: 

Detailed explanation-1: -Hart and Simanis have led the development of the Base of the Pyramid Protocol, an entrepreneurial process that guides companies in developing business partnerships with income-poor communities in order to “co-create businesses and markets that mutually benefit the companies and the communities".

Detailed explanation-2: -bottom of the pyramid (BOP), also called base of the pyramid, term in economics that refers to the poorest two-thirds of the economic human pyramid, a group of more than four billion people living in abject poverty.

Detailed explanation-3: -Model Name : Bottom of the Pyramid Strategy. Creator : CK Prahalad. Year : 2002. Purpose : Socio-economic conceptualization | Business opportunities in lowest economic groups | Emerging-market strategies. 22-Feb-2020

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