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What are the possible consequence for the chief executive

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Reference no: EM132964650

Problem 1: Suppose you are the chief executive officer 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 developing its bid and is ready to submit it to the government when you receive an anonymously sent packet containing a competitor's bid that is lower than yours. If your firm loses 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?

Reference no: EM132964650

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