Can an organization grow itself into bankruptcy? Can you please explain why?© BrainMass Inc. brainmass.com November 24, 2022, 11:49 am ad1c9bdddf
There are basically 5 phases of an organization's life cycle:
<br>5. Death or bankruptcy.
<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%