A gray market refers to
A)the segment of products specifically designed for the need of older buyers.
B)a situation where products are sold through unauthorized channels of distribution.
C)a once active and powerful market that is rapidly becoming the bottom of the barrel.
D)a pricing structure that is based upon "haggling" that is considered acceptable in some countries but not others.
E)the willingness of one party to accept "gifts" in exchange for better prices or price allowances.

Question

Quizplus · Accepted Answer

A gray market refers to a situation where products are sold through unauthorized channels of distribution. These products may be genuine, but they are not intended for sale in a particular market or country, creating a pricing discrepancy.

A Gray Market Refers to