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C . K . Prahalad has cited two primary misconceptions behind the international marketers ignoring the bottom - of - the - pyramid markets. One
C K Prahalad has cited two primary misconceptions behind the international marketers ignoring the bottomofthepyramid markets. One of the reasons is that the products and services developed for more affluent consumers are not appropriate for these markets. Which of the following is the other misconception?
Unwillingness of consumers in the bottomofthepyramid markets to buy international products.
The lack of uniformity in bottomofthepyramid markets.
The heavy taxation system in bottomofthepyramid markets allows little profit.
Consumers in the bottomofthepyramid markets lack both money and technology
Consumers in the bottomofthepyramid markets are characterized by conservative traditions and culture.
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