Problem: Two of your closest competitors have sought and have received approval to merge, creating a new competitor larger than yourself. What does the approval of the merger say to the degree of competitiveness in your industry? What is the most important adjustment you will make?
Your company has experienced its first quarterly sales increase in 8 quarters. The increase is due primarily to success in Latin america. How does this news affect your strategy for the coming year? What types of changes would you recommend?