Answer to Question #215003 in Management for Erza Scarlet

Question

Question 7

During six months as CEO, you have been relentless in bringing radical change to the organisation. You have put all your energy into the job and great progress has been made. But you are beginning to feel tired. Then today, you were informed that your biggest competitor is launching a new product that will make your current best seller look out of date. Your best option is to meet up with your competitor and discuss mergers or price-fixing agreements. This is an example of:

a. Buffering

b. Smoothing

c. Forecasting

d. Co-opting

e. Coalescing

Answer 1

Coalescing