Question details

GMS 522 Final Exam Review
$ 15.00

- vernons international product life cycle

- Grey trade/parallel distribution; conditions under which it develops, f the price difference is smaller than the - cost of getting the product there- there’s no grey trade

- Transport pricing, the diagram used to illustrate the impact global taxes

- Demand pricing: choosing a price that maximizes profits over revenue

- Incoterms (more when youd use it)

- Globalization – need to know how to measure globalization

- Difference between globalization of production over globalization of markets

- Culture – hofstede , consumer ethnocentricity (buying a foreign market is immoral)

- Economic environment (not so much)

- Trade diversion

- Financial crisis and what caused it

- Confiscation and export creation 

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