Which of the Following Would Not Be Taken into Account

question 68

Multiple Choice

Which of the following would not be taken into account by a company using an ethnocentric approach to pricing decisions?

• A)the possibility of implementing a penetration strategy
• B)profitable price points that could be tied to local sourcing as opposed to home-country sourcing
• C)integration of price with other marketing mix elements
• D)factors unique to individual country markets
• E)None of the above would be taken into account by a company using ethnocentric pricing.

---

Definitions:

Arbitrator

A neutral third party who resolves disputes between labor and management by making decisions that are usually binding on both parties.

Employee

An individual who is hired by an organization or person to perform work under specific terms in exchange for compensation.

Grievance Procedures

Formal processes that allow employees to voice complaints or concerns regarding work conditions, treatment, or policies.

Arbitration

A process of dispute resolution in which an impartial third party, known as an arbitrator, makes a decision to resolve a dispute between two or more parties, often used as an alternative to litigation.