They face price escalation problem

Assignment Help Operation Management

Reference no: EM132289488

1. Name 3 products that may need adaptation in foreign countries. State your reasons.

2. Product adaptation alters the product to meet local conditions or preferences. To what extent should a company adapt its products and marketing program to each foreign country?

3. When companies sell their goods abroad, they face a price escalation problem. Define price escalation. What are the choices available to companies when setting prices to avoid price escalation problems?

4. Your company manufactures travel bags and is keen on establishing its presence in the Indian market. If you were given the responsibility to decide the pricing strategy the company should use, what would you decide? What variables must be considered in deciding on extending or adapting the pricing strategy used in the U.S. Explain your answer.

Reference no: EM132289488

Questions Cloud

Ethical handling of data from IT professional perspective : Explain why the OECD privacy principles are an effective way to assess ethical handling of data from an IT professional perspective.

Relationship between employers and employees : Labor relations is known as the relationship between employers and employees, employers and the union, employer representatives and the union.

Early buyer involvement and early supplier involvement : Briefly define and explain the Early Buyer Involvement (EBI) and Early Supplier Involvement (ESI) as they pertain to Purchasing

Project manager for industrial design project : You’re the project manager for an industrial design project. Your team members report to you, and you’re responsible for creating the budget,

They face price escalation problem : When companies sell their goods abroad, they face a price escalation problem. Define price escalation.

What are the political risks-economic risks and legal risks : What are the political risks, economic risks, and Legal risks of investing in the following countries:

Solve all issues from leadership perspective : Evaluate Challenge A and any underlying issues. Devise a plan to solve all issues from a leadership perspective.

Corporate culture can be source of strength : Corporate culture can be a source of strength for a company. Discuss the ways in which culture is a strength.

In today workplace we own our own employability : In today's workplace we own our own employability. This means being coachable and coaching others in turn.

User Account

All Pages