Final answer:
The maximum amount you can spend on a gift for someone that gave you an unsolicited referral depends on several factors, such as the value of the referral, your budget, and the general expectation in your industry or community. Ultimately, it's your personal decision.
Step-by-step explanation:
The maximum amount you can spend on a gift for someone that gave you an unsolicited referral depends on several factors:
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- The value of the referral: Consider the benefit you received from the referral. If it led to a significant business opportunity or a high-value transaction, you may consider spending more on the gift.
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- Your budget: Determine how much you are comfortable spending on a gift. Take into account your financial situation and the nature of your relationship with the person.
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- The general expectation: Observe the customs or norms in your industry or community. It may be helpful to consult with colleagues or friends who have been in similar situations.
Ultimately, it's your personal decision. There is no fixed amount that applies universally, so use your judgment and consider the factors mentioned above to determine an appropriate amount.