MKT 340 Lecture Notes - Lecture 3: Independent Contractor

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I. Ethical Issues in Selling
Why the dilemma? Sells people are torn in three different directions at once:
company, client, and themselves.
A. Relationships with Customers
Deception and omission
Bribes, gifts, and entertainment: if someone buys from you because of what you
give them, you have a temporary customer waiting for a better offernot a
client.
If you plan to entertain: 1. Be physically present 2. Check your industry for the
a aout that ou’re alloed to sped 3. Use common sense
Special Treatment: it is unethical for one client to benefit directly at the expense
of another client
Confidential Information: If you get a reputation for breaking confidence, your
career will die slowly.
Backdoor Selling: when you establish a relationship within a company, then try
to go around that relationship
B. Relationships within the Company
Expense Accounts: it’s stupid to lie aout forgig epese aouts: . You do’t
join a company to steal from it 2. There are auditors, and if they catch you, they
may sue you 3. Whe soeoe thiks the’e gotte aa ith soethig, the
a’t ait to tell soeoe else
Reporting work-time activities: our oah a sped tie ith ou ad that’s
asted tie that ould’e ee spet ith soeoe else
Switching Jobs: 1. Under no conditions do you bad-mouth your previous
employer 2. Whe ou leae a opa ad go to aother, ustoers should’t
follow you. Exceptions: 1. Self-eploed . If ou’re a parter i a opa ith
equity 3. If your company went bankrupt 4. Independent contractor
3. Do not copy proprietary information when leaving a companyor ever
C. Relationships with Colleagues
Sexual Harassment: It’s highl illegal—the second fastest growing form of
litigation form
Taking Advantage of Other Sales People: it’s a oard oe. Treat people the
way you want to be treatedpeople hire ethics with the same as themselves
D. Relationships with Competitors
You must respect your competition.
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Document Summary

Sells people are torn in three different directions at once: company, client, and themselves: relationships with customers. Bribes, gifts, and entertainment: if someone buys from you because of what you give them, you have a temporary customer waiting for a better offer not a client. Check your industry for the (cid:373)a(cid:454) a(cid:373)ou(cid:374)t that (cid:455)ou"re allo(cid:449)ed to spe(cid:374)d 3. Special treatment: it is unethical for one client to benefit directly at the expense of another client. Confidential information: if you get a reputation for breaking confidence, your career will die slowly. Backdoor selling: when you establish a relationship within a company, then try to go around that relationship: relationships within the company. Expense accounts: it"s stupid to lie a(cid:271)out forgi(cid:374)g e(cid:454)pe(cid:374)se a(cid:272)(cid:272)ou(cid:374)ts: (cid:1005). You do(cid:374)"t join a company to steal from it 2. There are auditors, and if they catch you, they may sue you 3. Whe(cid:374) so(cid:373)eo(cid:374)e thi(cid:374)ks the(cid:455)"(cid:448)e gotte(cid:374) a(cid:449)a(cid:455) (cid:449)ith so(cid:373)ethi(cid:374)g, the(cid:455) (cid:272)a(cid:374)"t (cid:449)ait to tell so(cid:373)eo(cid:374)e else.

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