Parallel Importing Occurs When Companies Employ A(n)________ Multinational Pricing Policy

question 24

Multiple Choice

Parallel importing occurs when companies employ a(n) ________ multinational pricing policy that calls for setting different prices in different country markets.

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

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Definitions:

Object Permanence

The understanding, which develops throughout the first year, that an object continues to exist even when you cannot see it or touch it.

Sensorimotor Stage

The first stage in Piaget's theory of cognitive development, where infants learn through interacting with their environment using their senses and motor actions.

Jean Piaget

A Swiss psychologist known for his pioneering work in child development and his theory of cognitive development.

Name Objects

The cognitive ability to recognize and label objects in the environment with their corresponding names, a fundamental aspect of language and communication.