Assume you are the CFO of a factory that supplies product to a large well-known retail chain. It is your company's policy, and the general policy of your industry, to offer product to this retail chain on 30-day credit terms. However, it turns out that this large well-known retail chain consistently extends their payments out to 60 days. When pressed, the retail chain responds to all the suppliers that they can choose to either accept the payments as they currently are or lose the business entirely. Is this ethical
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Home » Business » Assume you are the CFO of a factory that supplies product to a large well-known retail chain. It is your company's policy, and the general policy of your industry, to offer product to this retail chain on 30-day credit terms.