09-22-2017, 08:52 AM
So the creditors want to keep it going so that its operations can defray taxes and property insurance on property to be sold for new use (basically the company is worth more dead than alive, but nobody dares say that directly); vendors see it as a way to sell the vendors' wares at terms that the vendors like; the company has a monopoly due to a patent on a component that a customer needs, especially for 'defense' contracts; it may be the last survivor of a once-significant industry or specialty in business. Basically the company becomes a satellite firm that can be liquidated at any moment. Customers may be looking for alternative sources, and when those appear the 'bureaucratic' company dies.
Other possible examples are former government assets recently privatized that have never need concern themselves with sales or marketing or former divisions of businesses that have been bled of cash and have no idea of how to enjoy independence (and profitability), or regulated monopolies.
Other possible examples are former government assets recently privatized that have never need concern themselves with sales or marketing or former divisions of businesses that have been bled of cash and have no idea of how to enjoy independence (and profitability), or regulated monopolies.
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.