________ is a global pricing strategy used by organizations when the domestic currency is strong.
A) Billing foreign customers in the domestic currency
B) Minimizing expenditures in local or host country currency
C) Shifting sourcing to domestic market
D) Stressing price benefits

Question

Quizplus · Accepted Answer

Billing foreign customers in the domestic currency is a global pricing strategy used when the domestic currency is strong. This strategy ensures that the organization receives the same amount of revenue regardless of fluctuations in exchange rates, and it also eliminates currency conversion fees for the customer.

________ Is a Global Pricing Strategy Used by Organizations When