Why are ethical concerns important issues when designing service pricing and revenue management strategies? What are potential consumer responses to service pricing or policies that are perceived as unfair?

Respuesta :

Ethical concerns are important issues because service pricing schedules are intricate that it makes it easy for organizations to engage in unscrupulous manner.

What is ethics?

It should be noted that ethics simply means the ability to know what's right from what's wrong.

In this case, ethical concerns are important issues because service pricing schedules are intricate that it makes it easy for organizations to engage in unscrupulous manner.

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Companies might easily engage in dishonest practices due to the complexity of service pricing schedules, making ethical considerations significant.

Why do we need ethics?

Ethics may be defined as the capacity to distinguish between what is right and what is wrong.

In conclusion, Service pricing schedules are so complex that it's simple for businesses to act unethically, which raises ethical questions.

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