What was the primary cause of demise for such companies as Enron, Dave & Barry's, and Circuit City?
A)poor management
B)difficult economic conditions
C)corruption
D)governmental regulation

Question

Quizplus · Accepted Answer

The primary cause of demise for Enron, Dave & Barry's, and Circuit City was poor management. Enron engaged in fraudulent accounting practices, while Dave & Barry's failed to adapt to changing consumer preferences and competition in the retail industry. Circuit City made several strategic missteps, including overexpansion and cutting its most experienced sales staff, which ultimately led to its bankruptcy. All of these issues stemmed from poor management decisions.

What Was the Primary Cause of Demise for Such Companies