INTD 670 – 14 01B – 01
Joe will have to be clear and direct to the point about his concerns with Bill before accepting any invitations to outings in the way that will not offend contracts with Bill in the present and in the future. Joe will need to clarify how much he enjoys bills friendship, while at the same time in form Bill that he cannot consider the invitations as a way of influencing the business decisions of his company. He needs to also point out the reflection of his company on past contracts that he has negotiated with Bill. The position with his company because of their viewpoint, that they are watching my negotiations with buyers on the basis of underpricing prior contracts. This could lead to being released from my company! Joe should also confide in Bill enjoys his friendship but business is business, and friendship its friendship and at different times are separated. Because of their friendship he will negotiate to the stakeholders Bills point of view but the final decision will be made by them.
Ethical Theory/Used How
Transparency is the ethical theory that suits this situation; a company’s transparency is what makes a company successful in the eyes of the consumers. In the past of American business there has been quite a few who have suffered the consequences of not being transparent in the eyes of the public. [Martha Stewart, Coca-Cola, the New York Stock Exchange]. By being forthcoming to Bill, Joe sets the stage of being a truthful person in doing business with Bill. Bills prior dealings with companies may not have demonstrated. This is what Might have led Bill to doing business with Joes company in the 1st place. Bill may decide not to renew his contract with Joe at the present time. Bill after going back to old suppliers will more than likely detect the difference ethically between them and Joes Company. This will cause him to reflect and go back to doing business with an...