The World Trade Organization (WTO) is more powerful than General Agreement on Tariffs and Trade (GATT) with enlarged functions in dealing with world economic affairs. Hence, the WTO
Merits or advantages of observation in marketing research Observation is employed as a data-gathering technique in overseas market research. It has become the most refined modern research technique.
What is observation in marketing research? Observation is a natural way of gathering data. It is recognized as a scientific procedure. It is the direct means of studying
International Development Association (IDA) came into force in November 1969 as an affiliate and complementary institution of the World Bank. This institution was created to provide loans to
Activities of World Bank Important activities of World Bank are financial assistance, technical assistance, Inter organizational cooperation, training, assisting in research and studies, Evaluation of projects, Settlement of
Penetration pricing stimulates the market growth and capture market share by deliberately offering products at low prices. This aims at maximizing profits through effecting maximum sales with a
Types of Dumping Dumping is of several types. They are as follows. Sporadic dumping, Predatory dumping, Persistent dumping; and Reverse dumping. 1. Sporadic dumping: Manufactures practice sporadic dumping
What is dumping? Dumping is the practice of charging different prices for the same product in similar markets. It is a form of price discrimination. Imported goods are
What is Transfer pricing? Pricing of goods transferred from operations or sales units in one country to the units of company elsewhere is called Transfer pricing. This is