Author Question: Explain how counterfeiting has become a problem in foreign ... (Read 55 times)

cool · **on:** Jun 29, 2018

Explain how counterfeiting has become a problem in foreign markets.

Question 2

A major benefit of multiple sourcing is a lower price that results from the higher volumes offered to a supplier.
a. True
b. False
Indicate whether the statement is true or false

karlss · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

Counterfeiting problems occur in three ways and, depending on the origin of the product and where they are marketed, require different courses of action. Enforcement has been problematic because of the lack of adequate personnel and the increasingly high-tech character of the products. The theft of intellectual property is a critical problem for many industries and countries, accelerating with the pace of market globalization. Governments have long argued about intellectual property protection, but the lack of results in some parts of the world has forced companies themselves to take action on this front.

Answer to Question 2

False