Causes of corporate decline Internal External Management Competition Board of Directors Changes in market demand Inadequate Financial control Technological changes High Cost Structure Commodity price Outdated technology Government policy Lack of marketing capability Strikes Excessive diversification Bad luck Loose information systems Social changes Poor Acquisition Environmental factors Inappropriate financial policies Industry factors Overtrading
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Transcript
Causes of corporate declineInternal External
Management Competition
Board of Directors Changes in market demand
Inadequate Financial control Technological changes