Question

3. As a department manager, you have decided to purchase two projectors to be installed in two of the conference rooms. Your brother has just started his own business in office supplies. He is able to provide you the two projectors with no installation cost. What might you want to consider? Please provide 4 answers. very urgent thanks BUSINESS FOR ETHICS.​

Answer 1

While the exemption of installation fee might save cost, it is imperative to consider possible issues which may arise and conflict with business and family ethics. Hence, it is important to consider the following ;

• The state of the product supplied
• Associated warranty
• Family ties in case of product defect
• Actual cost

• The initial condition of the projectors should be considered as one cannot be blinded by family ties to avoid future query.

• Similarly, the warranty on the product should be considered in case of early damage or technical malfunction.

• Also, it is highly important to consider family ties, as business dealings should not be mingled with family issues.

The cost of the appliance is also an important factor to consider as many sellers up their initial price, and then issue discount afterward. Hence, cost of substitutes and other suppliers should be compared.

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