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A commodity manager and a salesperson from a major supplier have worked together for many years and have developed a cordial relationship. The salesperson sends the commodity manager two VIP tickets to a golf tournament. Which of the following is the MOST appropriate way for the commodity manager to respond to this gift?
Correct Answer: A
Ethical Guidelines for Gift Acceptance: Most organizations have strict policies on accepting gifts to avoid conflicts of interest or the appearance of impropriety. Accepting gifts from suppliers can create a conflict of interest or influence future business decisions. Appropriate Response to Gifts: Returning the Tickets: Clearly communicates adherence to ethical standards and avoids any potential conflict of interest. Accepting the Tickets: Could be seen as a violation of company policies, even if there is no direct association with future business. Forwarding to Legal or Supervisor: Delegates the decision but does not immediately address the ethical consideration. Conclusion: Returning the tickets with a courteous letter is the most appropriate and ethically sound response, maintaining transparency and avoiding potential conflicts. Reference: Institute for Supply Management (ISM) principles and standards of ethical supply management conduct Company-specific codes of conduct and ethics policies