In which stage of organizational decline does a company face the greatest danger of bankruptcy?
A) grasping for salvation
B) undisciplined pursuit of more
C) hubris born of success
D) capitulation to irrelevance or death
E) denial of risk and peril
Answer: D
Explanation: D) Capitulation to irrelevance or death: "It's the end of the line" is when companies may be sold, left to shrivel into utter insignificance, or allowed to die—go bankrupt.
You might also like to view...
Which of the following would be a breach of the implied warranty of merchantability?
A) A wall paint that works fine for all walls, except for stucco, which is what the buyer bought it for B) A lawn mower that does not cut the grass C) A stereo that had been stolen by the seller D) A cherry pit in a cherry pie, if using the foreign substance test
Walter Shewhart, in the ________, provided the foundations for ________ in operations management
A) 1920s; statistical sampling B) United Kingdom; mass production C) U.S. Army; logistics D) nineteenth century; interchangeable parts E) 1900s; queuing theory