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To: js1138
It makes no difference that businesses are run "intelligently" or products are "designed."

I don't know for sure but judging by this statement I would say that you've never run a business.

254 posted on 02/13/2005 9:11:58 PM PST by jwalsh07
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To: jwalsh07

Most businesses fail. Even successful businesses eventually stagnate and undergo restructuring. The corporate name may survive, but the management, and often the ownership changes. From a purely objective point of view you cannot anticipate all market changes.

The ability of the marketplace to force corporate restructuring is one of several reasons capitalism is more efficient than socialism.


258 posted on 02/13/2005 9:38:38 PM PST by js1138
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