Chapter 447
Camelia began, "There were two bus companies in a city, namely Company A and Company B. Initially, Company A couldn't compete with Company B and was on the brink of bankruptcy.
"At this critical time, Company A sought help from an advisor. And after evaluating both companies, the advisor suggested a solution to the CEO. To lower their prices, or even offer free rides!"
Although not a businessperson, Ryan knew about price wars between companies. There were legal regulations in place to prevent unfair competition. Thus, manipulating prices might not guarantee success.
Camelia seemed to have anticipated his thoughts. "Don't assume Company A is engaging in unfair competition! Their actions are completely legal. However, the CEO hesitated because lowering fares or offering free rides would strain Company A.
"Nonetheless, Company A had no choice but to adopt the advisor's suggestion. After implementing the plan with extensive advertising, people started using Company A's transportation
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