______ occurs when competitors work together to set prices to the detriment of consumers and competitors. It is unethical because it results in unfair, and higher, charges to customers and it stifles innovation because competitors do not need to develop better offerings.
A) Price gouging.
B) Price collusion.
C) Price discrimination
D) Price differentiation.
Correct Answer:
Verified
Q2: _refers to the set of business practices
Q3: Authenticity has become less important for companies
Q4: Universal consequentialism, however, considers an action
ethical if,
Q5: Scholars have no debated whether or not
Q6: Managerial egoism is a branch of ethics
Q7: Price gouging which happens when sellers set
Q8: The best-known and most tolerated global example
Q9: Shock advertising appeals can also create controversy.
Q11: In France, the Châtel Act stops supermarkets
Q12: _ can raise ethical issues when it
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