Exploitation of consumer interest will NOT include which of the following:Select one:a.Profiteeringb.Competitive Pricingc.Misleading Adsd.Black-marketing
Question
Exploitation of consumer interest will NOT include which of the following:
Select one:
- a. Profiteering
- b. Competitive Pricing
- c. Misleading Ads
- d. Black-marketing
Solution
To determine which option does not include the exploitation of consumer interest, let's analyze each choice:
-
Profiteering: This involves making excessive profits by taking advantage of a situation, often at the expense of consumers. This clearly exploits consumer interest.
-
Competitive Pricing: This refers to setting prices based on the prices of competitors. It encourages fair competition and typically benefits consumers through lower prices. This does not exploit consumer interest.
-
Misleading Ads: These are advertisements that deceive consumers, leading them to make purchases based on false information. This is a form of exploitation of consumer interest.
-
Black-marketing: This involves the illegal trade of goods or services, often at inflated prices. This also exploits consumers.
Final Answer
b. Competitive Pricing does not include the exploitation of consumer interest.
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