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

Question

Quizplus · Accepted Answer

Gray market activities refer to the sale of genuine products through unauthorized sellers or channels. These products are often imported from another country where they were sold legally, but then sold in a different market without the permission of the manufacturer or authorized distributor. This can result in lower prices for consumers but may not be in line with the manufacturer's intended distribution strategy. Black market activities refer to the sale of illegal or counterfeit goods, while white market activities refer to legal and authorized sales channels. Green market activities refer to environmentally conscious and sustainable practices.

When Products and Goods Enter a Market in Ways Not