Business Failures
In this increasing world of entrepreneurship, success and failure are common outcomes.
A consulting company incorporated by an MBA from a top management school filed bankruptcy in its fourth year.
A small retail shop, selling household utensils, formed by a villager in a booming area of a city grows 100 times within 3 years of setup. Currently he is owning 10 outlets catering to different markets in the same area of the city; no need to say about the market value of the owned land. He did volume business!
What went wrong and where?
A consulting company incorporated by an MBA from a top management school filed bankruptcy in its fourth year.
A small retail shop, selling household utensils, formed by a villager in a booming area of a city grows 100 times within 3 years of setup. Currently he is owning 10 outlets catering to different markets in the same area of the city; no need to say about the market value of the owned land. He did volume business!
What went wrong and where?
posted by Balaji R at 1:39 AM
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