Joe Sullivan and Mark Holland, members of the top management at EuAir, an European airlines, were preparing for a meeting to discuss strategies to combat the recent rise in fuel prices. Before the meeting began, Joe and Mark were discussing how oil prices significantly impact the health of the world economy Joe spoke of how higher oil prices since 1999, partly the result of OPEC supply management policies, contributed to the global economic downturn in 2000-2001. Mark agreed but added that the right kind of strategy could help them overcome this challenge and that they could even use the situation to hike fares and generate additional revenues. Which of the following statements, if true, would denote the occurrence of groupshift in Joe's opinions during the meeting? Joe determined that the best strategy would be to slash prices and minimize all fringes that are used for customer service. Joe recommended that the prices for business class fares be increased as they represent a less price-sensitive group of customers Joe proposed that the company should invite price quotes from new suppliers to reduce their dependence on their current fuel suppliers. Joe claimed that aviation fuel was their second largest expense and this was the time to contemplate obtaining a few futures contracts with suppliers. Joe convinced the top management team to decrease the capacity of the flights,

A general plan to accomplish one or more long-term or overall goals in the face of uncertainty is known as a strategy. The term was first used in the strategy 6th century C.E. in Eastern Roman terminology, and it wasn't until the 18th century that it was translated into Western vernacular margins languages in the sense of the "art of the general," which included several subsets of skills including military tactics, siegecraft, logistics, etc. In a military confrontation from that point on until the 20th century, the term "strategy" evolved to mean "a comprehensive means to try to attain political aims, including the threat or actual use of force, in margins a dialectic of wills."

Learn more about strategy here

https://brainly.com/question/15860574

#SPJ4