Description
Homework assignment #1 and #2 You are selling a container load of frozen beef to a buyer in Yemen. You find a beef processor that will provide you with 44,000 pounds of beef for $1.41 per pound. Your cost for both the product and shipping is $1.50 per pound. You decide to sell the product to the buyer for a price of $2.75 per pound, which means that you will make a profit of $55,000 per container. The buyer is prepared to sign an agreement with you to buy a minimum of one container load per pound. However, the owner of the company has one condition. That condition is that you invoice his company a price of $3.10 per pound and give him the extra $15,400 as a consulting” fee. The owner has made it very clear that if you do not agree to his proposal, including the consulting fee, he will find another company. Since beef is a commodity product, finding another supplier will probably not be difficult 1. What action would you take to address this issue? 2. Cleary explains, in detail, why you would take that action 3. Do you consider your action an ethical one? Why or why not?