Explain the negative societal consequences of allowing sellers to give consumers inadequate information about prices.

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Explain the negative societal consequences of allowing sellers to give consumers inadequate information about prices.

business Operations-Management

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Answer 1

Answer #1

The following consequences will occur

Wrong and negative feedback for the manufacturers
It will give competitors a chance to explore opportunities
It will fetch the bad and unethical name to the company
Lack of trust in the brand
overall down in the sales of that company
Customer will start looking for the other similar option
sales of competitor and su[plementary goods increases

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Answer 2

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Explain the negative societal consequences of allowing sellers to give consumers inadequate information about prices.

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Explain the negative societal consequences of allowing sellers to give consumers inadequate information about prices.

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