Analyze the situation below and think of probable reasons for its failure. “The Boston Consulting Group 2020 reports involving 5 companies publicly listed in the Philippines since 2009. The said group claims that today almost one-tenth of all public companies fail each year.” 1. Was it easy/hard to identify the reasons why businesses fail? 2. Do you think manpower failure contributes to company failure? Justify your answer. 3. What kind of manpower is needed to make business more effective? Explain very briefly.
Analyze the situation below and think of probable reasons for its failure. “The Boston Consulting Group 2020 reports involving 5 companies publicly listed in the Philippines since 2009. The said group claims that today almost one-tenth of all public companies fail each year.” 1. Was it easy/hard to identify the reasons why businesses fail? 2. Do you think manpower failure contributes to company failure? Justify your answer. 3. What kind of manpower is needed to make business more effective? Explain very briefly.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Analyze the situation below and think of probable reasons for its failure.
“The Boston Consulting Group 2020 reports involving 5 companies publicly listed in the Philippines since 2009. The said group claims that today almost one-tenth of all public companies fail each year.”
1. Was it easy/hard to identify the reasons why businesses fail?
2. Do you think manpower failure contributes to company failure? Justify your answer.
3. What kind of manpower is needed to make business more effective?
Explain very briefly.
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