Question: Gemini Inc. has decided to decrease its product prices to respond to its competitor's strategy. To achieve this, the company needed to lower its manufacturing

Gemini Inc. has decided to decrease its product prices to respond to its competitor's strategy. To achieve this, the company needed to lower its manufacturing costs. However, the managers at Gemini have been buying expensive raw materials and hiring many employees. Which of the following best illustrates the situation at Gemini?

.

Price fixing

.

Competitive inertia

.

Strategic dissonance

.

Job deskilling

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

1. Analyze the article Remember to use the analysis tools in your writing ask yourself after reading the article "so what?" and "why is this important?" *** Article: Marketing is important to every...

Strategy formulation involves the constant search for ways in which the firm's unique resources can be redeployed in changing circumstances.' Starting resource positions are a very poor predictor of...

1.Calculate the amount of the bonus pool available under the existing bonus plan. How much would each manager get if that were applied to 2009 results? 2.We want to break down the profit variance...

(1) Income Statement Referencing this week?s readings and lecture, address the following: ? What are the two causes of an increasing or decreasing sales number? ? Discuss all the reasons that might...

Small Business Management Directions: Read the case study Vizio: Disrupting Another Market in Chapter 4 on page 124 of the textbook. Answer the following questions: What challenges does Vizio face as...

Using Analytic Tools for Strategic Decision-Makin MT460-5: Design a plan to implement a business strategy throughout an organization. PC-2.2: Formulate innovative solutions for identified...

Data Formulas Review View Help Page Layout General 12 ilili Wrap Text Merge & Center A- MI M $ - % 38-28 Conditional Format as Cell Formatting Table Styles Number Alignment Font Styles A D F Cuestioa...

What was NASAs standard fixed cost per tonne for 1986? Show your work. Note: See the equation on page 5. The Fixed Cost to Production numbers from Exhibit 1 are in terms of 9 months. So to compare...

Final Paper Instructions/Guidelines: The final paper must be a minimum of 5 pages and a maximum of 7 pages in APA format. You can find APA guidelines in the Week Six folder under final paper tips....

Hello, this is an academic assignment. Answer the question between 250 and 300 words. Question: Can you think of any alliances that you think AT&T or Apple should consider today to help them achieve...

Steele, while a patient in a hospital, let a friend use her credit card to buy one tank of gasoline for a trip to Cleveland. The friend not only used the card to buy many other things but also let...

Discuss the tax consequences of the following corporate reorganizations to the parties to the reorganization: a. Adobe Corporation and Tyler Corporation merge under Florida law. Tyler shareholders...

One method that restricts stock's transferability is known as the right of first refusal purchase rights of shareholders. first rights of shareholders. initial refusal requirement second chance...

The annual demand for an item is 1,700 units. The order cost is $7. Unit cost is $8 and the unit holding cost per year is 18% of the item's value. The order quantity is 125 units. What are the total...