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 evaluating 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, the best option would be to reexamine their alternatives. This would allow them to go back and review their options and possibly come up with a better solution that they are more confident about. Choosing the least risky option or trusting their instincts and moving forward may not lead to the best outcome, and consulting customers may not be relevant to this particular decision. Lowering the offering price may not necessarily resolve the lack of confidence in the decision.

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