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I have a question in regards to ethical business practices. Businesses are concerned with their profits, most directly sustaining and improving. One business comes to mind, Apple. Apple has a large amount of cash ($45 Billion held in U.S. and $100 Billion internationally) and yet they charge premium prices for their products. Now my question(s) is, could this be considered greed? and would greed be considered unethical? If greed is considered unethical, then are all businesses in violation of unethical practices?
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What are the cost associated with customer loss?
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