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Directions READ the case study"Does it Matter How We Get There (Really)?"In your analysis: Identify the important facts surrounding the case study. This includes the key players involved in the...

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Directions

READ the case study"Does it Matter How We Get There (Really)?"In your analysis:

Identify the important facts surrounding the case study. This includes the key players involved in the scenario (this should be brief)

Identify the key issue or what the case study is about (the problem or issue at hand)

From your understanding of what you learned on the topic, provide some alternate courses of action (minimum of three) that the company could take to resolve that issue

Evaluate each of these courses of action. In other words, a company could do A, B, or C. If they did A, this is how it would work and what would happen. If they chose B... (consequences of the actions)

The final step is to recommend which of those courses of action the company should take and defend your answer

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Does it Matter How We Get There (Really)? A Case of Ethics in Bidding Donald H. Schepers Zicklin School of Business Baruch College, City University of New York Jim Snelling could not believe how tense he had become in the last 24 hours. A huge contract had become a huge headache. Just a week ago, Spectro had signed a $100 million contract, and everyone was celebrating. Profits shot up, and Christmas bonuses doubled. Then came the news that Spectro’s employees had the competitor’s price list, and used it to undercut their bid. This morning, he was due at an Ethics Committee meeting to discuss what steps to take from this point forward. As senior strategist for the company, he was concerned not just with the company’s sales and revenue for the three-year duration of the contract, but also the company’s position as a supply chain partner for years to come. The decision today would have long-range consequences both inside and outside Spectro, and he weighed his position carefully. Spectro Electronics Founded in the mid-1960’s, Spectro Electronics was a supply chain manager and distributor of electronic components to manufacturers. By 1995, Spectro was doing $6 billion in sales, and the demand for its services kept growing. Jim was projecting that Spectro would be doing $10 billion in sales within the next three years. Gross margins ran just over 16% of sales, and net income hovered right above 1% of sales, well within industry norms. Spectro had a world-wide presence, serving manufacturers in over 40 countries. The company was organized into a series of regional operations staffs, with each staff handling sales, distribution, and engineering responsibilities for its area. The sales staff would solicit business from manufacturers in the form of quotes to fill. A manufacturer would be preparing to make some electronic component (a motherboard for a computer, for example) and would need a source for the parts for that...

Answered Same Day Dec 26, 2021

Solution

Robert answered on Dec 26 2021
117 Votes
Does it Matter How We Get There (Really)?
Table of Contents
1 Important facts ......................................................................................................................... 2
2 Key issue.................................................................................................................................. 2
3 Alternate courses of action ...................................................................................................... 3
4 evaluation................................................................................................................................. 3
5 Recommendation ..................................................................................................................... 4
6 Conclusion ............................................................................................................................... 5
7 References ............................................................................................................................... 5
1 IMPORTANT FACTS
Spector secured a contract of $100 million and this triggered increase in the company’s profit
margin. The employees got benefitted through receiving bonuses while the management got
enefited from the perspective of business profitability. But it was later revealed that in the
idding process, which gained Spectro the contract, unethical means were applied to secure the
contract. This news has raised some specific ethical concerns, and the top management is willing
to analyze and address the issue.
Spectro’s employees had the competitor’s price list and they used it to undercut Spectro’s bid.
Spectro’s top management, and especially the VP of Global Strategy and Operation, Jim
Snelling, is in utter dilemma due to the revelation as he has to justify Spectro’s bidding process
efore the ethics committee in a meeting.
Jim might convince the ethics committee to conceal the issue from the employees of Spectro and
to continue with the contract keeping in mind the value and importance of the contract to
Spectro’s business.
Jim might convince the...
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