Reference no: EM133154515

In business, many different people have different perspectives and opinions. Consider the following!

The electric vehicle market has been growing because consumer and businesses are taking environmental sustainability concerns very seriously. To date, several factors have influenced the sales of electric vehicles including limited range, high purchase prices, long charging times and too few charging stations. However, progress is being made in dealing with those shortcomings. Assuming you were having a conversation with your friend Noriko, who believes that governments should not interfere too much in the lives of its citizens. In your conversation, Noriko stated, "giving money to consumers so they will be motivated to purchase an electric car is a bad idea. In a democratic, free-market society, it is much better to let consumers consider the various costs and benefits of each car and make their own decisions about which type they will purchase."

1. Do you agree or disagree with this statement made by Noriko? Explain your reasoning.
2. Is it always in a company's best interest to feature the lowest prices?
3. In what situations do you think that products sold at exorbitant (high prices) will lead to positive outcomes? Provide examples.