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:

Creditor Relationship

The financial and business dynamics between a creditor, who extends credit, and a debtor, who owes the creditor money.

Owner Relationship

The legal and managerial relationship between the owner(s) of a business and the business entity itself.

Automotive Parts

Components and replacements parts specifically designed for use in motor vehicles, including both original equipment (OEM) and aftermarket parts.

Journal Entries

Entries made in the bookkeeping system of a business to record financial transactions, including details of debits and credits involved.