ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is an ethical issue in marketing information management?
A
How to store customers’ information securely
B
What to set the price of a product
C
Where to set up the business
D
Whether to set up an online storefront
Explanation: 

Detailed explanation-1: -Misusing Consumer Data Whether you’re unknowingly misusing consumer data or manipulating it for your own gain, both are unethical practices in marketing. If you’re not tech-savvy, you might not be aware of how you (or third parties) are misusing your customer data.

Detailed explanation-2: -Therefore price fixing, price discrimination, price skimming are related to ethics in marketing but over billing of expenses are not a part of ethics in marketing. Was this answer helpful?

Detailed explanation-3: -Take a look at their “top eight” list of ethical concerns, below: Gifts, gratuities, bribes (marketing and sales) Price discrimination and unfair pricing (marketing and sales) Dishonest advertising (marketing and sales)

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