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Avoid the Hustle

Business Ethicsread the background material in the presentations file for this module and futrelle, D. (2012). Post-Sandy price gouging: Economically sound, ethically dubious. Time (NOVEMBER 2). Retrieved March 31, 2014, from http://business.time.com/2012/11/02/post-sandy-price-gouging-economically-sound-ethically-dubious/
Search the internet for examples for price gouging. apply that material to the pricing decisions discussed in this case in answering the following questions:
1. What ethical principles support, respectively, raising prices in the wake of natural disasters and opposition to such increases?
2. Which approach would advise a convenience store owner to follow in an area hit by a tornado or hurricane?
Write a 2 page paper explaining your analysis and advice. Reference any sources of information about normative ethics principles and give relevant examples.

Business Ethicsread the background material in the presentations file for this module and futrelle, D. (2012). Post-Sandy price gouging: Economically sound, ethically dubious. Time (NOVEMBER 2). Retrieved March 31, 2014, from http://business.time.com/2012/11/02/post-sandy-price-gouging-economically-sound-ethically-dubious/
Search the internet for examples for price gouging. apply that material to the pricing decisions discussed in this case in answering the following questions:

1. What ethical principles support, respectively, raising prices in the wake of natural disasters and opposition to such increases?
2. Which approach would advise a convenience store owner to follow in an area hit by a tornado or hurricane?
Write a 2 page paper explaining your analysis and advice. Reference any sources of information about normative ethics principles and give relevant examples.