Explain the stockdale paradox

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Reference no: EM132228748

Fully explain the "Stockdale Paradox."

In your opinion, which side of the "Stockdale Paradox" do you believe struggling companies have the most trouble accepting: unwavering faith or confronting the brutal reality? Why?

Who are "the optimists"? Name a real life business example (can be a specific person or scenario).

Apply the "Stockdale Paradox" to each of the following real life business scenarios:

-British Petroleum and the Gulf Oil Spill

-Toyota's recalls and quality issues General Motors and the government bailout

-NFL and the Collective Bargaining Agreement with the NFL Players

-Bank of America Mortgage and the declining housing market

Reference no: EM132228748

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