Provincial Papers is a very troubled manufacturer of coated paper located in Thunder Bay, Ontario. The director and chairman of the board of Provincial Papers is being informally pressed to take on the CEO role. He is assessing the possibility of rescue in the face of depressed market prices, an over-supplied industry, departing personnel and money-losing operations. The (B) case, 9A99M017, presents the issues he faces when he decides to accept the job.
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