Page 173 - APM Integrated Workbook STUDENT S18-J19

Corporate failure

Why do companies fail?

Corporate failure occurs for a number of reasons. For example:

 poor leadership and management

 failure to control costs

 poor working capital management

 failure to adapt to meet changing customers’ needs

 poor research leading to inappropriate markets/products

 tougher market conditions

 failure to pay taxes

………… and many more.

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