In the business world, many once successful firms have fallen. Today we may wonder who will be the next Blockbuster, Borders, Circuit City, or Encyclopaedia Britannica. Lets take a moment to explore some of the companies that have failed and the reasons that led to those failures. Only through a strong understanding of exactly how these once great companies failed, can we learn to identify the signs of impending doom and work to change course to avert failure in our own organizations.
Is there are any organizations that would fit in with these once successful firms that is still around, if so name the firm with as much detail as possible about it.
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