In which of the following situations can an international business command higher prices for a particular product in a foreign market?
A)When the product is widely available in the foreign market
B)When sales volumes is relatively low in the foreign market
C)When the product offers greater value to customers in the foreign market
D)When the product is more suitable to other foreign markets
E)When domestic competitors are selling alternatives at reduced prices

Question

Quizplus · Accepted Answer

The value created in a market by a company's product offering is an important factor in entry decisions. Greater value translates into an ability to charge higher prices and/or to build sales volume more rapidly.

In Which of the Following Situations Can an International Business