A Company Uses a Technique Called "Price Gouging

question 35

Multiple Choice

A company uses a technique called "price gouging".This action would normally be considered:

• A)ethical but illegal.
• B)unethical and illegal.
• C)ethical and legal.
• D)unethical but legal.

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Definitions:

Social Responsibility

Social responsibility involves businesses and individuals acting in a manner beneficial to society, focusing on ethical practices, sustainability, and community welfare.

Work Environment

The setting, conditions, and culture in which employees perform their job duties, including physical space, social aspects, and organizational practices.

Tax Law Provision

A specific clause or element within tax legislation designed to guide tax liability, exemptions, or credits.

Strategic Alliance

A formal agreement between two or more parties to pursue a set of agreed-upon objectives while remaining independent organizations.