UNDERSTANDING MANAGEMENT EBK
UNDERSTANDING MANAGEMENT EBK
11th Edition
ISBN: 9780357689738
Author: DAFT
Publisher: CENGAGE L
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Chapter 6, Problem 7DQ
Summary Introduction

To determine:

If most catastrophes in business occurs because of a series of small problems.

Introduction:

A catastrophe is usually a large damage or a sudden damage, in an organizations perspective catastrophe could be when the business does not give attention to cashflow interruptions. This could eventually disrupt the entire operations. This is due to the lack of attention given to the series of small issues such as less attention given into outgoings and incomings of cash.

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