What Is It Called When a Company Sells Its Goods

question 82

Multiple Choice

What is it called when a company sells its goods in foreign markets at prices that are below the prices at which it normally sells in its home market or well below its full costs per unit?

• A) Dumping practices
• B) Price-clearing system
• C) Clearance sale
• D) Discounting practices
• E) Competitive advantage

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Definitions:

Manipulation

The act of controlling or influencing a person, situation, or system often in a skillful manner.

Bar Graph

A visual presentation that uses bars to depict frequencies of responses, percentages, or means in two or more groups.

Variable

An element, feature, or factor that is liable to vary or change.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values from their mean.