One of the Reasons That IBM Almost Failed and Went

question 25

True/False

One of the reasons that IBM almost failed and went bankrupt in the 1990's was due to its outdated corporate culture of consensus-based decision making which while effective in the 1970's, did not allow it to be competitive in the rapid decision making and entrepreneurial risk taking culture of the 1990s,

---

Definitions:

Excrete

The process by which living organisms remove waste materials from their bodies.

Permanent Cessation

The irreversible end of an activity, function, or existence; often used in reference to the cessation of biological life or specific bodily functions.

Heart Beat

The rhythmic expansion and contraction of the heart, which indicates the flow of blood through the body.