Price skimming is an ethical issue covered under
-
ethics in compliance
-
ethics in marketing
-
ethics in finance
-
ethics in production
B
Correct answer
Explanation
Marketing ethics is the area of applied ethics which deals with the moral principles behind the operation and regulation of marketing. The ethical issues confronted in this area include:
- Pricing: Price fixing, price discrimination, price skimming
- Anti-competitive practices like manipulation of supply, exclusive dealing arrangements, tying arrangements, etc.