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Glossary
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advertising  Paid, nonpersonal presentation of ideas, goods, or services by an identified sponsor
foreign national pricing  Local pricing in another country
international pricing  Setting prices of goods for export for both unrelated and related firms
programmed-management approach  A middle-ground advertising strategy between globally standardized and entirely local programs
promotion  Any form of communication between a firm and its publics
public relations  Various methods of communicating with the firm's publics to secure a favorable impression
sales promotion  Any of various selling aids, including displays, premiums, contests, and gifts
total product  What the customer buys, including the physical product, brand name, accessories, after-sales service, warranty, instructions for use, company image, and package
transfer price  Intracorporate price, or the price of a good or service sold by one affiliate to another, the home office to an affiliate, or vice versa







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