A gray market refers to
A)the segment of products specifically designed for the need of older buyers.
B)a once active and powerful market that is rapidly becoming the bottom of the barrel.
C)a situation where products are sold through unauthorized channels of distribution.
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

A gray market refers to a situation where products are sold through unauthorized channels of distribution, such as parallel imports or imports outside the authorized distribution network. This often results in the product being sold at a lower price than the authorized dealers or distributors, which can harm the brand and its reputation.

A Gray Market Refers to