B uy-in is an instance in which a project owner purposely underestimates the pro

Question

Buy-in is an instance in which a project owner purposely underestimates the project with the goal of making up the difference by adding a "time and materials" buffer at the end of the project. While there are times when such an approach seems to make sense for a vendor-- perhaps the project will open up more business down the road-- the fact is such a billing structure is inherently deceptive. If you consider yourself an ethical businessperson-- and if you hope to stay in business-- don't do this. Discuss briefly.give examples

Explanation / Answer

following negitive and mall practices and unethical practices will helps you benefit in short term but in long run all they create huge losses only. doing business with unethical practices and watedly misleading people is not acceptable at all. it may give benefits in short term, in long term all these gives losses only.

one best example is SATYAM CASE IN INDIA, where the promoter wantedly increases the assets value assets values and shown high values in balance sheet.

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