1. Failing to keep up with the times. Thomas Cook should have tried to compete with on-line tourist agencies.
2. Taking on debt in expectations that there would be better times.
3. Failing to control costs in the assumption that any activity is good business.
4. Failing to get help before it was too late.
Finally --
5. Sudden, catastrophic loss of credibility. 178 years of a carefully-honed reputation go into the loo.
2. Taking on debt in expectations that there would be better times.
3. Failing to control costs in the assumption that any activity is good business.
4. Failing to get help before it was too late.
Finally --
5. Sudden, catastrophic loss of credibility. 178 years of a carefully-honed reputation go into the loo.
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.