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Question 2 (7 ma You are the new CEO of a major well-established automotive manufacturer in South K- you are concerned that the longstanding price
Question 2 (7 ma You are the new CEO of a major well-established automotive manufacturer in South K- you are concerned that the longstanding price war in the industry is undemining prof firms in this sector. However, you have been warned by your company's in-house lawyers not to openly discuss pricing with rival firms. In several cases, you know the ot personally because you graduated from the same business school as they did. (Word 1 words) Required: Given this dilemma, how would you develop an effective strategy to ensure you act int interests of your company, but without engaging in collusion, which is illegal Discuss. ANSWER: Question 2 (7 ma You are the new CEO of a major well-established automotive manufacturer in South K- you are concerned that the longstanding price war in the industry is undemining prof firms in this sector. However, you have been warned by your company's in-house lawyers not to openly discuss pricing with rival firms. In several cases, you know the ot personally because you graduated from the same business school as they did. (Word 1 words) Required: Given this dilemma, how would you develop an effective strategy to ensure you act int interests of your company, but without engaging in collusion, which is illegal Discuss
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