0.643 110% 100% 100% 90% 80% 90% 80% 70% 60% 50% 70% 60% 50% 51% 40% 30% 20% 40% 31% 23% 15% 30% 20% 11% 10% 3% 10% 5% 7% 0% 0% 1% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Line of equality Lorenz Curve
You are a brand analyst working for a large multinational retail organisation in South Africa. The organisation specialises in premium products. You have been provided with the following statement: “According to the World Bank, South Africa remains a dual economy with one of the highest inequality rates in the world, with a Gini Coefficient of 0.643.” The Board of Directors convened a special meeting to discuss the implications of the quote above. You are required to produce a brief on the statement above, specifically referring to the implications it holds for the brand
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![South African GINI Coefficient
0.643
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90%
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23%
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11%
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Line of equality
Lorenz Curve](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd65f601e-cc6a-4259-a9ff-06398229a00c%2F088253ab-02d7-455c-8a50-db6e8e76918e%2F0yxwg5_processed.png&w=3840&q=75)
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