Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

As a technical sales engineer, Avery is responsible for selling her company's integrated circuit test systems. Each of these systems costs approximately one million dollars

As a technical sales engineer, Avery is responsible for selling her company's integrated circuit test systems. Each of these systems costs approximately one million dollars and Avery's sales goals are to sell at least ten of these systems per revenue quarter. These sales expectations are in place because Avery's company is trying to go public (IPO). In order to do so, they must be profitable for five quarters in a row. Therefore, there is enormous pressure from the company's investors and board to meet the assigned sales goals. As the end of the fifth quarter approaches, Avery realizes she is one sale short of reaching her goal. When she approaches her manager to let him know that she will not be meeting her goals, he explains to her a way to get around the problem. He tells her that when he was a sales engineer, he would approach customers who he knew would soon be purchasing a system. He would get the customer to place the order and receive a price discount if they come to the factory, be shown an empty shell of a system that was not yet built, and sign paperwork documenting their acceptance of the unbuilt system as if it was already built. That way theorder could count as part of this quarter's profits, but the customer would not have to pay for the order until the next quarter. Avery's manager explains that although this practice of falsifying sales reports is now illegal, when he was a salesperson, the practice was a common way of meeting sales goals. Additionally, he suggests to Avery that he would look the other way if she were to falsify a customer acceptance report and reminds her that the company will only be able to go public if she meets her sales goal. If she fails to meet her goal, the IPO will be postponed at least a year and so will her IPO profits and the profits of all the other employees and shareholders. What should Avery do?

Q: Analyze Alternatives? Code of Ethics? Rules of Professional Conduct?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Tort Law Text Cases And Materials

Authors: Jenny Steele

5th Edition

0198853912, 978-0198853916

More Books

Students also viewed these Law questions

Question

1. Keep definitions of key vocabulary available as you study.

Answered: 1 week ago

Question

8. How can an interpreter influence the message?

Answered: 1 week ago