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    Can an organization grow itself into bankruptcy? Can you please explain why?

    © BrainMass Inc. brainmass.com November 24, 2021, 11:19 am ad1c9bdddf
    https://brainmass.com/business/finance/finance-22462

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    There are basically 5 phases of an organization's life cycle:
    <br>1. Startup
    <br>2. Growth
    <br>3. Decline
    <br>4. Renewal
    <br>5. Death or bankruptcy.
    <br>
    <br>There are many reasons for decline, including, but not limited to: (taken from Buccino & Associates: Seton Hall University Stiffman School of Business, as report in August 25, 2003, Business Week)
    <br>1. Too much debt - 28%
    <br>2. ...

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