Conducting business comes with its own set of risks, plans sometimes pan out while failing miserably on other occasions. This doesn’t mean just because there is a certain risk involved you don’t try. Risk is directly related to the rewards so bigger the risk, higher the rewards. Same holds true on the other side. Sometimes the risks are so big that they cause the demise of the underlying business, as we see in 20 of the biggest Bankruptcies in the U.S history (infographic below). Ironically though, it is not always the Risk-taking that can undo a business – unanticipated instances…...
The Impact of 2008 Financial crisis on 20 biggest Bankruptcies in U.S History
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