Describe why this situation is a conflict of interest

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Reference no: EM133646118

Question: You have been collecting contractor bids for a major construction project your company is working on. Your company has a long standing partnership with XYZ Construction and you have become good friends with the manager of the company. The manager of XYZ Construction tells you in confidence that their company has been struggling financially recently and will need to conduct layoffs if they do not secure this project with your firm. You want to help your friend so you tell him what to submit in their bid to secure the job with your company. In a short paragraph describe why this situation is a conflict of interest. How should you have handled the situation rather than coaching XYZ Construction on how to win the bid?

Reference no: EM133646118

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