Explain when do you believe it is appropriate

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Reference no: EM1363852

Should organizations die? The U.S. Supreme Court has ruled that organizations are people, but they differ from people in several important ways. One is that they can potentially live forever. The March of Dimes was an organization that was born to marshall resources to combat Polio. In the U.S., Polio has largely been eradicated. Yet the March of Dimes goes on under a revised mission to combat a more generalized set of birth defects. More recently, in and around 2008, the U.S. government allowed the Lehman Brothers investment house to fail as a result of its risky investment practices. The economic fallout from this was so great that the government later went on to bail out a number of other similarly unsuccessful financial institutions that were deemed 'too big to fail.' When do you believe it is appropriate for an organization to go on after it has outlived its mission statement or failed to provide an adequate return to investors?

Reference no: EM1363852

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