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This paper focuses on bringing out the importance of the local entrepreneurs in every economy, with focus on African economies. It emphasizes the importance of every economy and particularly African ones in using local entrepreneurs to address the needs of customers at the Bottom of the Pyramid (BOP). Although a lot of research has been undertaken on BOP, most of it has concentrated on opportunities offered by this segment of consumers. In order to add to existing research on this study, this paper takes a new dimension that will not only focus on the role of entrepreneurs in meeting the needs…mehr

Produktbeschreibung
This paper focuses on bringing out the importance of the local entrepreneurs in every economy, with focus on African economies. It emphasizes the importance of every economy and particularly African ones in using local entrepreneurs to address the needs of customers at the Bottom of the Pyramid (BOP). Although a lot of research has been undertaken on BOP, most of it has concentrated on opportunities offered by this segment of consumers. In order to add to existing research on this study, this paper takes a new dimension that will not only focus on the role of entrepreneurs in meeting the needs of the BOP but also as a driving force for economic transformation towards a more production oriented economy. Through proper analysis of countries such as India, which is an emerging market, the paper examines various strategies the country adopted to reach out to BOP markets.
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Autorenporträt
Entrepreneur focused on Bottom of the Pyramid customers who provide larger markets for most less developed economies, yet have been ignored due to their limited purchasing power.Studied BSc (HON) Tourism Management at Hong Kong Polytechnic University before studying for an MBA (International Business) AT MIB School of Management.