i have uploaded the slide as well

Apply your learning 1. Why do you think is important for the companies to develop an effective pricing strategy? 2. In your own words define the following: Anti-Dumping Legislation Resale Price Maintenance Legislation Price Ceilings and Price Level Reviews 3. Choose any type of product for any company and describe what aspects you would need to take into consideration (choose at least 3 out of 5) for determining the cost in International Market Pricing (Slide 12) 4. If you were the owner of a company and you wanted to implement a Price strategy to enter into a foreign market which one will you choose? Explain your answer. Costs of International Trade. Continued Production Costs Main cost items and adjustments associated with production for export transactions: 0 Adaptations Direct production costs, i.e. materials, labour o Factory overhead Corporate overhead, c.g. accounting, research and development Export overhead, c.8. order fulfillment Deduction for duty drawback, where applicable 0 0 0 Costs of International Trade, Continued Distribution Costs Costs related to shipping goods to foreign markets: Preparation of export documentation Loading fees and transportation Packing, crating and marking Storage and warehousing Freight cost Number of distrbution channels used Shipping insurance Export duties Forwarder's fees o 0 0 . O Costs of International Trade, Continued Costs in the Target Market Costs once the product arrives at its destination: Main importer distributor mark-up landing charges o Import duties o In-country transportation, loading and storage Wholesale mark-up Retail mark-up Value-added or local sales taxes o 0 o