What Makes Businesses Fail in the 21st Century

Warren Parker
Charleston Southern University
Business 650
Dr. Breland

Business Failures

Given the tremendous amount of literature available, the availability of education/training, the technology sources, the research methods and modern management principles, why are there still so many failures of major businesses now at the start of the 21st century?
When I read this question, it makes me think of small businesses in the major business category, as well as large firms. So we will research both in this paper. It all starts by stating the old quote "People don't plan to fail, they fail to plan." Why is this you ask? Nine out ten business failures in the United States are caused by a lack of general business management skill and planning. Business failures have been on the increase since 1990's, and well into the 21st century. I will include in the next few paragraphs some things I have researched in business failure......

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Title: Mba
Approximate Word Count: 2659
Approximate Pages: 11 (250 words per double-spaced page)

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