Romano's Italian Foods Founded in 1963 Has Grown Steadily to 250

Romano's Italian Foods founded in 1963 has grown steadily to 250 employees. Despite its size, Romano's operates as a family business with a strong clan culture. Romano's CEO, Tony Ferrari, has just learned that his long-standing and best customer, Sal's Bistro, with 15 locations in the region, is filing bankruptcy. As a result, Romano's will immediately experience a 15 percent reduction in sales. Based upon this description, what do you advise Tony to do?

A) Without consulting his team, lay off 15 percent of the workforce.
B) Ask members of the entire company to agree to cut their hours by 15 percent until business improves, avoiding any layoffs.
C) Without consulting his employees, quickly sell the company.
D) Avoid an employee strike by offering bonuses to employees.
E) Secretly implement a permanent policy to short-pay invoices from their suppliers by 15 percent and hope no suppliers leave.