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Why do low-performance enterprises persist

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Reference no: EM132330531

Two observable aspects of an enterprise are its tangible performance and persistence (longevity). Intuitively, persistence and high performance would correlate closely. Of course, a high-performance enterprise with a very specific mission to achieve might be disbanded thereafter. However, why do low-performance enterprises persist? Identify some examples and explain their survival.

Reference no: EM132330531

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