When products and goods enter a market in ways not desired by their manufacturers, this is known as:

Question

Quizplus · Accepted Answer

The gray market refers to the sale of products and goods through distribution channels that are not authorized by the manufacturers, often resulting in the products being sold at lower prices than intended. This can create issues with product quality control, as well as undercutting the pricing strategies of the manufacturers. Options A and B are not related to the concept of the gray market, and option C is not a commonly used term in this context.

When Products and Goods Enter a Market in Ways Not