Which of the following is considered external factors in setting an export price?
A) Specific target market customers
B) Cost of developing the product
C) Cost of producing the product
D) Cost of marketing the product

Question

Quizplus · Accepted Answer

Specific target market customers are external factors that can influence the export price. Factors such as local competition, customer preferences, and cultural differences may affect the pricing strategy. Cost of developing, producing, and marketing the product are all internal factors that do not relate directly to the external market conditions.

Which of the Following Is Considered External Factors in Setting