There's no way they're the price leader!"Cliff smiled at the girl. He noticed that she looked like she had not had much sleep the night before. For that matter, Steve Muller looked like he was in real pain. It appeared to be a combination of the fast trip from the Coast with a two-hour west-to-east time change, coupled with very little sleep the night before."Jane, I'm sorry. I'm afraid you're wrong for a change, and Don's right. A price leader is the guy who determines if a price change sticks. Do you remember the primary steel industry years ago before steel imports and electric furnaces started to eat their lunch? In those days, U.S. Steel was the price leader. The company almost never initiated a price move. Moves were usually initiated by small mills. But everyone watched what U.S. Steel did."If the small company put prices up and U.S. Steel followed, all the others moved, too, and that became the new industry price. If Steel didn't move, the smaller company quickly retreated.. "You startled me sir." Sorry about that." I said offering her a smile. "Have you seen Maria? I need to talk with her." Oh, I see. Are you going to dismiss her Mr. Sam?" Pat asked with deep concern in her voice."Whatever gave you that idea Pat?" I answered. "Of course I'm not going to let her go. I came over to assure her that we view her as a friend as well as an employee. Maria has a self esteem problem and I hope to make her feel more comfortable with us as well as with herself."Pat's face literally beamed with relief after hearing my words. "Oh Mr. Sam, that is so good to hear sir. I myself was even a little concerned. Maria told me she had talked to you on the phone while I was out and that she had said something to offend you sir. She's been crying sir, frightened to death you might wish to let her go." Well, Pat, I hope you assured her that she has nothing to fear on that score." I tried sir, but I was unable to completely dispel her feelings of self-blame. But now that you're.
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