The gray market refers to the flow of goods in a distribution channel or channels other than those intended by the manufacturer.

Question

Quizplus · Accepted Answer

The statement is true. The gray market refers to the sale of goods through channels that are not authorized by the manufacturer or the brand owner. This can result in lower prices for consumers but can also pose risks such as voided warranties and counterfeit products.

The Gray Market Refers to the Flow of Goods in a Distribution