Determine the potential consequences


Suppose that you and your partner own the construction company. You receive the bid from a subcontractor that you know is 20 percent too low. Such a loss to the subcontractor could put him out of business. Accepting the bid will certainly enhance your chances of winning the contract for a big shopping center project. Your partner desires to take the bid and let the subcontractor suffer the consequences of his bad estimate. What do you think you should do? Determine the potential consequences of your decision?

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Business Management: Determine the potential consequences
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