If Company Managers Decide to Set the Export Price for a Particular

question 7

Multiple Choice

If company managers decide to set the export price for a particular product at an amount equivalent to the home-country price,they would be using which approach to pricing?

• A)ethnocentric
• B)polycentric
• C)regiocentric
• D)geocentric
• E)extension pricing

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Definitions:

G Proteins

Guanine nucleotide-binding proteins that act as molecular switches inside cells, involved in transmitting signals from a variety of stimuli outside a cell to its interior.

Cyclic AMP

A secondary messenger important in many biological processes, such as the regulation of metabolism.

Lipid-soluble Hormones

Hormones that can easily cross cell membranes to enter cells due to their solubility in lipids.

Nuclear Receptor Model

A framework for understanding how certain receptor proteins within cell nuclei mediate the effects of lipophilic hormones, vitamins, and other ligands.