Indopharm Wishes to Establish a Pricing Policy to Avoid Dumping

question 85

Multiple Choice

Indopharm wishes to establish a pricing policy to avoid dumping charges in a small Asian country.Three global pharmaceutical firms export to the country,but there is no local manufacture of pharmaceuticals.Indopharm should

• A)receive price approval from the local government.
• B)be sure its prices are not much higher than the prices of the other MNCs.
• C)be sure its prices are not much lower than the prices of the other MNCs.
• D)None of the above

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Definitions:

Discount Stores

General merchandise outlets that offer brand-name and private-label products at low prices.

Self-Service

A business model or technology that allows customers to perform services for themselves without the need for direct assistance from staff.

Fast Fashion

The rapid translation of high-fashion design trends by lower-cost manufacturer-retailers.

Online Retailing

B2C electronic commerce in which individual consumers directly buy goods or services over the Internet; also known as e-retailing.