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Author Question: Setting prices higher in the home market than in the international market is justified by which of ... (Read 175 times)

geodog55

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on: Jun 29, 2018
Setting prices higher in the home market than in the international market is justified by which of the following?
 a. A lower labor or raw material cost in the international market
  b. Strong local competition in the international market
  c. A lower buying power of host-country consumers relative to consumers in the company's home market
  d. All of the above

Question 2

GreenMachine, a hybrid car, is considered to be more fuel-efficient and environment friendly than a traditional gasoline-powered car. GreenMachine is an example of a(n) _____.
 A) functional innovation
  B) hedonic innovation
  C) symbolic innovation
  D) aesthetic innovation
  E) dynamic innovation


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Chelseyj.hasty

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D
Setting prices higher in the home market than in the international market is justified by, among others, one or a combination of the following: A lower labor or raw material cost in the international market; strong local competition in the international market; and a lower buying power of host-country consumers relative to consumers in the company's home market.

Answer to Question 2

A


geodog55

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

TheNamesImani

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Reply 3 on: Yesterday
:D TYSM

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