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 "not-quite-clear" price negotiations or "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

Gray market refers to the situation where products are sold through unauthorized channels of distribution, which can include importing goods from other countries to resell them without permission from the manufacturer, or buying products intended for a foreign market and selling them in a different country. This practice is often illegal and can undermine the authorized distribution channels of the manufacturer.

Gray Market Refers to