A colleague from the sales department has approached you with an idea for an expansion plan for
Question:
A colleague from the sales department has approached you with an idea for an expansion plan for the car dealership where you both work. Second-hand cars have higher margins. Therefore, he suggests that we change the current system which would mean that we will devote 50% of the showroom space to second-hand cars. This suggestion is specifically not allowed under the agreement reached with the car manufacturer from which Drive PLC will acquire the dealership. However, your colleague considers it highly unlikely that they will ever find out as they are located in South Africa and are highly unlikely to visit.
Required
Do you consider that any ethical issues arise from the suggestion made by your colleague?
Step by Step Answer:
Introduction To Financial Accounting
ISBN: 9781526803009
9th Edition
Authors: Anne Marie Ward, Andrew Thomas