Rock-Bend Company is considering buying out a competing firm and closing most of the competitor's factories. The firm has identified the various stakeholders and their issues and gathered the available data. Everyone with an interest in the issue has engaged in brainstorming and evaluation of alternatives. Management reviewed and refined the alternatives, and then chose a course of action. If the managers are not confident about the decision, they should

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If the managers are not confident about the decision, they should reexamine their alternatives. This will ensure that they have considered all possible options and can make an informed and well-thought-out decision. Lowering the offering price or choosing the least risky option may not necessarily address the lack of confidence and could lead to further issues down the line. Consulting customers may also be helpful, but it should not be the only solution.

Rock-Bend Company Is Considering Buying Out a Competing Firm and Closing