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explain your answer COOL IN A CRISIS One month has passed since the fatal arash. Liberty Air Air's brand has been badly damaged, and its
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COOL IN A CRISIS One month has passed since the fatal arash. Liberty Air Air's brand has been badly damaged, and its stock price is near a historic low. You are deeply concerned that another company will attempt to buy-out Liberty. To make matters worse, a complaint letter from company mechanics has been leaked to the press. Extreme measures must be taken to recover the stock price. You provide your team with instructions. HOW DO YOU WANT TO DEAL WITH THIS SITUATION? BUY SMALLER AIRLINE BUYBACK STRATEGC PARTNERSHIPS BUY SMALLER AIRLINE YOUR INSTRUCTIONS: "We should look for a smaller airline to buy. This will expand our routes and offer our customers more options. Focusing on future growth should help boost our stock price. CASH REQUIRED: $ 42,000,000 BUYBACK YOUR INSTRUCTIONS: "Buy back shares of stock and announce high dividends. We must prevent our stock price from collapsing." CASH REQUIRED: $ 21,000,000 STRATEGIC PARTNERSHIPS YOUR INSTRUCTIONS: "Seek a strategic partnership with a complementary service provider, such as a luxury hotel chain, a state-of-the-art ergonomic seat designer, or a town car service to provide memorable transportation to and from the airport. We will boost our stock price by making it both safe and comfortable to fly." CASH REQUIRED: $ 500,000 Step by Step Solution
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