Walking away from a business
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At what point should a company "walk away from the business?" Should a company always strive to win every bid and avoid losing business?
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The solution examines walking away from a business.
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What would cause a person to walk away from business or buying something, having something? The same principles apply. When the cost is too much in terms of money, time, resources, costs, or labor safety the company walks away. When the reputation of the company could be harmed, then it seems feasible to walk away. When the customer is too demanding or draining the company of any resources beyond reason, then it seems reasonable to ...
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