Tunetoy Industries is concerned about export price escalation for its personal computers in its Thai market.It should consider
A)promoting its products as luxury items.
B)establishing a cartel.
C)joining a cartel.
D)increasing its transfer prices to Thailand.

Question

Quizplus · Accepted Answer

Promoting its products as luxury items can justify the high price and create a perception of exclusivity, which will not be affected by price escalation. This strategy can help maintain the market share and prevent losing customers to competitors who offer lower prices. Options B, C, and D are unethical and illegal practices that can harm the company's reputation and lead to legal consequences.

Tunetoy Industries Is Concerned About Export Price Escalation for Its