(SOLVED) MGMT 325Discussions6.2 – Discussion: Current Events Price-gouging

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MGMT 325 Discussions6.2 – Discussion: Current Events
Every day there are interactions, news headlines, editorials, and small mentions in the news reports that impact you and the larger community. Staying in the know and current with the occurrences is a necessity in today’s fast-paced world.

For this discussion, you will be exploring…

Price Gouging

Price gouging by sellers is effecting all of us now, as inflation continues to drive up our cost of living faster than our personal incomes and government budgets can keep up.

Review:

Why Prices, Inflation Are Still Soaring: Corporate Price Gouging (businessinsider.com)Links to an external site.

Weapons contractors hitting Pentagon with inflated prices | 60 Minutes – CBS NewsLinks to an external site.

Choose one of the following topics:

Price Gouging and its effects on individuals & families

Price Gouging and its effects on government budget management & taxpayers

Another price gouging-related topic if pre-approved by your instructor

Research:

At least 2 additional references on your chosen topic.

Post:

A discussion paper similar in size and detail to the one you posted for Assignment 2.3, covering the following points, regardless of whether price-gouging is illegal:

In the context you chose, discuss:

  • Are you a stakeholder?
  • Is price gouging ethical?
  • Is price-gouging socially responsible?
  • In your role as a stakeholder, what could you do to push back against this practice?
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