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Pricing for the Medical Supply Industry Tends to Be Standardized

Question 51

Multiple Choice

Pricing for the medical supply industry tends to be standardized across different countries.Catronics,a maker of medical lab safety items,feels pressured by the pricing tactics of competitive global brands.Catronics is an example of a __________________.


A) multi-local price follower
B) local price follower
C) global price follower
D) global price leader

Correct Answer:

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