Four Pricing Practices Are Closely Scrutinized Because of Potentially Unethical

question 17

Multiple Choice

Four pricing practices are closely scrutinized because of potentially unethical or illegal actions.They include: (1) price fixing; (2) price discrimination; (3) predatory pricing; and (4) __________.

• A)price discounting
• B)deceptive pricing
• C)lateral price fixing
• D)regional rollbacks
• E)delayed payment penalties

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Definitions:

Driving Forces

Factors that motivate or influence individuals or organizations towards achieving goals or initiating change.

Force Field Analysis

A management technique developed by Kurt Lewin to analyze the factors (forces) that contribute to or restrain from a particular change.

Kaizen Approach

A methodology focused on continuous improvement in all aspects of an organization through small, incremental changes.

Japan's Economic Growth

The increase in the market value of goods and services produced by Japan's economy over time, reflecting its development and prosperity.