While mingling with neighbors at a party, you mention that you are responsible for evaluating bids for

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While mingling with neighbors at a party, you mention that you are responsible for evaluating bids for a large computer software contract. A few days later, you receive a lunch invitation from one of your neighbors who also attended the party. Over appetizers, the conversation turns to the contract you are managing. Your neighbor seems remarkably well informed about the bidding process and likely bidders. You volunteer information about the potential value of the contract and briefly outline the criteria your firm will use to select the winner. At the end of the lunch, your neighbor surprises you by revealing that he is a consultant for several companies in the computer software market. Later that day, your mind is racing. Did you reveal information that could provide a supplier with a competitive advantage in the bidding process? What are the potential business risks and ethical issues in this situation? Should you report the conversation to someone? If so, whom should you talk to, and what would you say?

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