Among the reasons for the existence of gray markets are:
A. a company's price-discount policy
B. differential currency exchange rates across countries
C. differential cost structures across retailers
D. highly selective distribution
E. all of the above
E
You might also like to view...
Which type of fraud consist of the intent to materially misrepresent or omit information on a mortgage loan application in order to obtain a loan or to obtain a larger loan than would have been obtained had the lender or borrower known the truth?
A. Loan Flipping B. Mortgage Fraud C. Backward Application D. Credit Product
A group of small sellers take the initiative and organize a new business entity to carry on wholesaling and possibly some production. This initiative is called a(n) ________
A) retailer cooperative B) franchise organization C) area-based cartel D) sponsored voluntary chain E) alternate selling channel