Which of the Following Is a Major Constraint Faced by Global

question 99

Multiple Choice

Which of the following is a major constraint faced by global marketers in devising global pricing strategies?

• A) Restrictions on advertising
• B) Promotional mix
• C) Non availability of media
• D) Import duties

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Definitions:

Unit Cost

The total expense incurred in producing, storing, and selling one unit of a product or service.

Yield Management

A strategy used in various industries to maximize revenue by adjusting prices based on expected demand and supply constraints.

Operations Management

The field of management concerned with designing, overseeing, and controlling the process of production and redesigning business operations in the production of goods or services.

Demand Curve

A graph that shows the relationship between the price of a good or service and the quantity demanded by consumers.