Articles | Open Access |

Key Sensemaking and Worth Creation at the Foundation of the Pyramid in China

Daewoo P. , Professor, Management & Entrepreneurship, Xavier University, USA

Abstract

Utilizing large scale level information and subjective meetings with an industry master who has coordinated broad field research for multinational corporations (MNCs) in China, this examination investigates how MNCs are figuring out the inactive chances in China's base of the pyramid (BOP) markets and making vital moves to draw in the BOP buyers. The shared endeavors among the scholarly world and industry specialists in this exploration created experiences that are helpful to both scholastic scientists and MNC administrators in the field of BOP adventures. Discoveries show that MNCs working in China are submitting critical assets to find out about BOP buyers' novel requirements, utilizing associations to defeat difficulties, and adjusting their associations to prevail in China's tremendous BOP market.

Keywords

Advertising, Corporate governance, stakeholders

References

Anderson, Jamie and Markides, C. (2007), "Vital Advancement at the Foundation of the Pyramid," Sloan The board Survey, 49 (1), 83-88.

Arnould, Eric J. also, Mohr, Jakki J. (2005), "Powerful Changes for Base-of-the-Pyramid Market Groups," Diary of the Foundation of Advertising Science, 33(3), 254-274.

Barton, Brooke, Herrero, G., Quelch, J.A., and Rangan, V.K. (2007), Business Answers for the Worldwide Poor: Making Social and Monetary Worth, Jossey-Bass.

China Public Department of Insights (2013), "Notice on the Fundamental Check Information of Gross domestic product in 2012), September 2, 2013

Goodman, David S.G. (2004), China's Mission to 'Open Up the West', Public, Commonplace and Neighborhood Points of view, The China Quarterly Uncommon Issues (No. 5).

Hammond, Allen L., William J. Kramer, Robert S. Katz, Julia T. Tran, and C. Walker. 2007. "The Following 4 Billion – Market Size and Business Technique at the Foundation Of the Pyramid." World Assets Establishment/Worldwide Account Company.

Article Statistics

Copyright License

Download Citations

How to Cite

Daewoo P. (2021). Key Sensemaking and Worth Creation at the Foundation of the Pyramid in China. The American Journal of Management and Economics Innovations, 3(05), 1–4. Retrieved from https://theamericanjournals.com/index.php/tajmei/article/view/25