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Because of local practices and competitive benchmarking, a company chooses a polycentric pricing strategy, and, in the foreign market, sets a product price that is
Because of local practices and competitive benchmarking, a company chooses a polycentric pricing strategy, and, in the foreign market, sets a product price that is significantly lower than what it charges domestically. Which of the following is a significant risk of choosing such a strategy? (A) Creation of gray markets, or arbitrage opportunities (B) Lowering of profit margins (C) Violation of dumping rules (D) Consumer confusion Group of answer choices A and B B and C A, B, and C A and D
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