Question

Don is a high-ranking manager in an advertising firm. He was recently offered a job with higher pay and more lucrative benefits by a rival firm. On coming to know about this, Don's employers decided to make him a(n) ________ matching the offer from their rival firm.

Answer 1

Counteroffer

Step-by-step explanation:

A counteroffer can simply be defined as an offer made in response to another offer.

From the question, Don gets a lucrative offer from a rival advertising firm for his services but his present company proposes the same offer to keep Don from going to a rival company. The offer proposed by his present company is called a counteroffer.