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An entrepreneur plans to charge different prices to two customer groups for the same product. What is the most important ethical and business check before deciding?

Answer and explanation

Correct answer: क्या अंतर उचित कारण और पारदर्शी मूल्य पर आधारित है

Different prices can be legitimate when they reflect fair differences in service, timing, quantity, cost, or ability to pay, but the basis should not be deceptive or unjustly discriminatory. The entrepreneur should assess transparency, customer understanding, legal and ethical standards, and the value received. A competitor’s behaviour or shop colour does not establish fairness.

Related tags

Pricing EthicsFairnessIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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