A review of the business, industry, and management are critical aspects in the overall evaluation of a company. In this discussion post, we will focus on the role these factors have played in past company failures. For this assignment, you should search for a firm that failed in the last 3 years and identify any information that is relevant in evaluating its business, industry, and management. For the purpose of this exercise, failure will be defined as filing for bankruptcy.
- Make at least one, 150-word original post discussing one of the following topics:
- Business and Industry Overview: Was there a change in the strategic risk of the business? An increase in the general risk factors?
- Management Quality: Were there any deficiencies in management ability?
List your resource(s) and include one lesson learned that can be useful in your future.