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...population - could contribute an additional $13 trillion in annual sales to the global economy, if only companies would drill deep enough to reach them. "Nearly 4 billion people have been under the radar of large companies up until now," says Prahalad, author of the book The Fortune at the Bottom of the Pyramid. "The moment you create the opportunity for them to consume, you create the world's largest markets." That's a message that until recently only a few companies had received. The Anglo-Dutch firm Unilever, for example, has been successfully selling household products in developing countries...

Author: /time Magazine | Title: Selling to the Poor | 5/29/2005 | See Source »

...create needs rather than respond to needs," Dayal says. Prahalad calls those arguments patronizing. "The poor are very value conscious. They have to be," he says. "If people have no sewerage and drinking water, should we also deny them television and cell phones?" And if companies bolster the bottom line in the process, so much the better. "It's absolutely possible to do very well while doing good," he says...

Author: /time Magazine | Title: Selling to the Poor | 5/29/2005 | See Source »

...Bottom Line...

Author: /time Magazine | Title: Bizwatch | 5/29/2005 | See Source »

...hearing the news, Nick fantasizes about getting sympathy hugs from the cute girl with braces against a setting sun, complete with puppy dog at their side. The book culminates in a true-life sports cliche as Nick goes up to bat for the team down by one in the bottom of the ninth with bases loaded and two outs in the championship game. Unlike fiction, the outcome makes little difference as Nick's father dies anyway, leaving Nick feeling deeply angry. In the book's preface, Nick Jeffrey wonders if this isn't the only "good" story he will ever...

Author: /time Magazine | Title: A First Base Hit and a Guilty Pleasure | 5/28/2005 | See Source »

...wasn’t all good news. In the last at-bat of Mann’s career—runners waited on second and third in the bottom of the ninth with a two-out, 14-6 deficit to overcome—the captain struck out to end the game. The final pitch: a called strike on a 3-2 fastball that looked inside. Gracefully, Mann bowed out and shook hands with the opposing team...

Author: By Alex Mcphillips, CRIMSON STAFF WRITER | Title: Season's End Brings New Beginnings for Mann, Vance | 5/27/2005 | See Source »

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