How Can Wal-Mart Fail?

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Issue:

Business

 

Written by:

Judith C

 

Date added:

March 2, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

10 / 2724

 

Was viewed:

7506 times

 

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Essay content:

In particular, economic issues were a major factor. Economic decay included trade deficit, environmental changes, hoarding of the bullion, looting of the treasury, lack of leadership and disorganization (Gill). Again, it is hard to believe that these were some of the root causes. However, they sound all too familiar with the corporate failures that have been crashing to earth recently...
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These are companies that were not supposed to collapse. However, they now fall into the "corporate failures" category. The statistics are staggering. Last year, 257 public companies with $258 billion in assets declared bankruptcy that shattered the previous year's record of 176 companies and $95 billion (Icon Today)...
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