While mingling with neighbours at a party, While mingling with neighbours at a party, Tyler mentions that he is responsible for evaluating bids for a large computer software contract. A few days later, Tyler receives a lunch invitation from one of his neighbours who also attended the party. Over appetizers, the conversation turns to the contract Tyler is managing. Tyler’s neighbour seems remarkably well informed about the bidding process and likely bidders. Tyler volunteers information about the potential value of the contract and briefly outlines the criteria his firm will use to select the winner. At the end of the lunch, Tyler’s neighbour surprises him by revealing that he is a consultant for several companies in the computer software market. Later that day, Tyler’s mind is racing. Did Tyler 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 Tyler report the conversation to someone? If so, whom should he talk to, and what would he say? mentions that he is responsible for evaluating bids for a large computer software contract.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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While mingling with neighbours at a party, While mingling with neighbours at a party, Tyler mentions that he is responsible for evaluating bids for a large computer software contract. A few days later, Tyler receives a lunch invitation from one of his neighbours who also attended the party. Over appetizers, the conversation turns to the contract Tyler is managing. Tyler’s neighbour seems remarkably well informed about the bidding process and likely bidders. Tyler volunteers information about the potential value of the contract and briefly outlines the criteria his firm will use to select the winner. At the end of the lunch, Tyler’s neighbour surprises him by revealing that he is a consultant for several companies in the computer software market. Later that day, Tyler’s mind is racing. Did Tyler 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 Tyler report the conversation to someone? If so, whom should he talk to, and what would he say? mentions that he is responsible for evaluating bids for a large computer software contract. 

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