Impact the competitive environment

Assignment Help Operation Management

Reference no: EM131637662

Price gouging is the elevation of prices to take advantage of a crisis or emergency situations that may impact the competitive environment. An example of price gouging took place after Hurricane Katrina devastated the City of New Orleans. Why is this practice considered unethical if prices are intended to reflect what the customer is willing to pay?

Reference no: EM131637662

Questions Cloud

Describe the level curves of v : IDEAL GAS LAW According to the ideal gas law, the volume V of an ideal gas is related to its pressure P and temperature T.

Identify the values and needs of your audience : Identify the values and needs of your audience. Identify an appeal that you can make to audience and explain why this might be an effective form of persuasion.

Compare and contrast ethics-morals-values and bioethics : compare and contrast ethics, morals, values and bioethics.

Review problem-international america cup class : INTERNATIONAL AMERICA'S CUP CLASS Drafted by an international committee in 1989, the rules for the new International America's Cup Class (IACC).

Impact the competitive environment : Price gouging is the elevation of prices to take advantage of a crisis or emergency situations that may impact the competitive environment.

Marketing objective differs from a marketing strategy : Explain how a marketing objective differs from a marketing strategy. How are they related?

Define after reading william zinssers simplicity : After reading William Zinsser's Simplicity in Short Prose Reader think of one intelligent and engaging question to ask about the selection

What are some of the challenges you anticipate : What resources are available in that community to help meet the needs of the population? What are some of the challenges you anticipate?

What factors contributed to this tendency : In your experience, have you found that decision making groups tend toward groupthink? If so, what factors contributed to this tendency?

User Account

All Pages