Position statements change in response to changing market structures, technology, competitive activity, and evolution of the firm itself

Which of the following is true of the bottom of the pyramid?

A) It is a market segment that has been tapped into and depleted. B) It consists of people who have easy access to luxury goods. C) It comprises people who have easy access to the basic amenities of life. D) It is considered a source of fresh growth opportunities. E) It is a market segment that has insignificant purchasing power.

Why did telecommunications companies welcome the telecommunication deal brokered by WTO in 1997?

A. It enhanced protection of patents, copyrights, and trademarks (intellectual property). B. It helped resolve deadlock situations arising out of the unwillingness to lower trade barriers between neighboring countries. C. It offered a greater ability for companies to offer a global, seamless service for all their corporate needs. D. It liberalized trade policies by eliminating tariffs, subsidies, import quotas, antidumping duties, and local content requirements. E. It reduced the export of pirated imitations of patented innovations pioneered in a different country.