Fun Stuff > CHATTER
Learning has occurred
Barmymoo:
That can be extended to a very large proportion of the population. I speak as one of them: I have spent two months failing to increase my savings account interest rate ten-fold because I can't be bothered to photocopy two documents, fill out a form and post it.
bainidhe_dub:
Today I learned that almost any face-to-face interaction you have with a sales rep or vendor might be an ethics violation, but nobody realizes/thinks about it because we all accept that attending vendor lunches and events are just part of the job. (RPA professional ethics class today!)
GarandMarine:
I wouldn't buy any of my trade accounts lunch, those fuckers can buy ME lunch after all the bullshit they put me through.
May, to give you more context, if your business getting stock on a product you'd done tens of thousands of pound in trade on depended on doing that, would you A. do it, or B. say close the account?
bainidhe_dub:
GM, I imagine it's probably different in your industry. This class was for property managers so most of it is in the context of reps who are giving you bids for products/services. Much of the problem arises from the fact that the property manager is acting as an agent for the property owner, so it's not actually "your" money, and that property value is usually based on net income, so if costs increase more than necessary you are actually decreasing the value of the owner's asset (which is a violation of your fiduciary responsibility), and that the majority of costs are passed to the tenants in the form of rent, so when they increase without an actual increase in services, it makes the property a less attractive place to lease, which reduces income because you can't get/keep tenants, which again hurts the NOI and property value. SO if you are taking a higher bid price and receiving personal gain, everyone besides you is getting hurt.
GarandMarine:
Aha! I see now. HEY LOOK! Learning just occurred in this very thread!
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