Own a construction company

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Reference no: EM13671445

Imagine that you and your partner own a construction company. You receive a 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 improve your chances of winning the contract for a big shopping center project. Your partner wants to take the bid and let the subcontractor suffer the consequences of his bad estimate. What do you think you should do? What are the potential consequences of your decision?

Reference no: EM13671445

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