Ethical Situation
Bernie Madoff is a prime example of an ethical situation involving a salesperson
with a real world company. This man founded a Wall Street firm, in his name, and
was the chairman of Bernard L. Madoff Investment Securities LLC. His employees
surrounding his business included family members such as a brother, niece,
daughter and sons. The firm was a well-known marketing business and he was an
individual who was trusted among his peer.
At the start of his business, Madoff was a man that had influence over others.
He was able to convince a vast number of investors to believe that he could invest their
money for them and make a quick return to their bank accounts. In order to make this
happen, he paid …show more content…
This would profit personnel in building stronger accomplishments in
achieving and selling successes. With this form of partnering style it would empower
the adding of value to the company and increase prospective clients. I would try
to keep in mind the influence that I have as a sales manager of those I supervise.
I would emphasize, by frequent reminders, to the salespeople on the importance of
customer relationships. How these relationships will benefit them as an individual, but
Webb 3
also the benefits it will provide to the company. Suggesting to keep in mind how the word
of mouth brings in a new customer and brings about an invaluable effect. These types of
relationships that are built with sales will build the business and continue to improve the
business’ reputation. I would inspire the sales people that a prompt response to a
customer may determine the difference between a common company to an exceptional
one, an ordinary sale person to a superior one. All things considered, I feel that communication with those that work for
me will be a key to success in a business. To be open and honest and do my best to listen
when others have suggestions. Considering that a good business ethic
Bernie Madoff is a prime example of an ethical situation involving a salesperson
with a real world company. This man founded a Wall Street firm, in his name, and
was the chairman of Bernard L. Madoff Investment Securities LLC. His employees
surrounding his business included family members such as a brother, niece,
daughter and sons. The firm was a well-known marketing business and he was an
individual who was trusted among his peer.
At the start of his business, Madoff was a man that had influence over others.
He was able to convince a vast number of investors to believe that he could invest their
money for them and make a quick return to their bank accounts. In order to make this
happen, he paid …show more content…
This would profit personnel in building stronger accomplishments in
achieving and selling successes. With this form of partnering style it would empower
the adding of value to the company and increase prospective clients. I would try
to keep in mind the influence that I have as a sales manager of those I supervise.
I would emphasize, by frequent reminders, to the salespeople on the importance of
customer relationships. How these relationships will benefit them as an individual, but
Webb 3
also the benefits it will provide to the company. Suggesting to keep in mind how the word
of mouth brings in a new customer and brings about an invaluable effect. These types of
relationships that are built with sales will build the business and continue to improve the
business’ reputation. I would inspire the sales people that a prompt response to a
customer may determine the difference between a common company to an exceptional
one, an ordinary sale person to a superior one. All things considered, I feel that communication with those that work for
me will be a key to success in a business. To be open and honest and do my best to listen
when others have suggestions. Considering that a good business ethic