Known as parallel importation, the grey market refers to those un-authorized channels that may occur in many markets in various industries. Read the mini-case study and discuss the impact of gray market on the aforesaid stakeholders. A mini case study is provided below as a scenario only. It is not necessary to adopt this listed case study or market mentioned (e.g China). The purpose of this assignment is to encourage students to look for more real-life examples/cases/facts of gray market as evidence to support your point of view. You may refer to any proper newspaper, journal articles, reports or daily news.

Individual assessment should include the following components: - Brief an example of gray market (1 Mark) - General THREE (3) reasons for gray market occurring (9 Marks) - TWO (2) Impacts of gray market towards authorized dealers, manufacturer/exporter, and individual consumers respectively

(6 Marks) - Difference between gray goods & smuggled items (4 Marks)