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

Gray market refers to the sale of products through unauthorized or unofficial channels of distribution. These products are often genuine and may be sold at a cheaper price than those sold through authorized channels. This can cause problems for manufacturers and authorized dealers as it can undermine their sales and reputation.

Gray Market Refers to