Your manager believes in learning from other companies successstories as well as stories of failure. In particular she likes toapply various management theories when possible rather thanstarting from the beginning every time a decision has to be made.She asks you to write a memo to her addressing the following:From any recent or current event in the news discuss and explainthe use of these two specific theories that the firms youresearched believed inIn the human resource area moving toward an employee empowermentcultureIn the marketing area the theory of penetration pricingFor each of these two explain the following:The issue being addressed that gave rise to employing thesetheoriesHow the theory being followed leads to specific actions on the partof the companyResults achievedIf you had been the senior manager in these situations at thosecompanies how might you have addressed the situation anydifferently? What other theory could have been the basis for thedecision.