Read Case 3-3: â€œMarketing to the Bottom of the Pyramidâ€ provided on the student resource site (http://highered.mcgraw-hill.com/sites/007352994x/student_view0/cases.html)
Respond to Question #2 at the end of the case:
Marketing to the B.O.P. raises a number of issues revolving around the social responsibility of marketing efforts. Write a position paper, either pro or con, on one of the following:
- Is it exploitation for a company to profit from selling soaps, shampoo, personal computers, ice cream, etc., to people with little disposable income?
- Can making loans to customers whose income is less than $100 monthly at interest rates of 20 percent to purchase TVs, cell phones, and other consumer durables be justified?
- One authority argues that squeezing profits from people with little disposable income â€“ and often not enough to eat â€“ isnâ€™t capitalist exploitation, but rather that it stimulates economic growth.
Conclude with action steps a company can take to suppor