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Management Studies

Suppose youare the CEO of a manufacturing firm that is bidding on a government contract. In this situation, the firm with the lowest bid will win the contract. Your firm has completed developong its bid and is ready to submit it to the government ehen you receive an anonymously sent packet containing a competitor's bid that is lower than yours. If your firm losses the bid, you may need to lay off some employees, and your profits will suffer. What are some possible options in this situation? What are the possible consequences, and what would you do?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92480962

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