12 Famous Businesses that Failed

Option #1: 12 Famous Businesses That Failed
Ollerton (2018) provided a list titled, “12 Famous Businesses That Very Publicly Failed (Links to an external site.).” As you will notice, based upon the 12 businesses provided in this list, each of these organizations did not change with the times, thereby impacting the success and future longevity of the organization.

For the purpose of this Critical Thinking Assignment, select one of the 12 businesses noted by Ollerton (2018). Then, provide the following information:

Details about this organization’s history, mission, vision, values, and industry.
A SWOT analysis highlighting the organization’s strengths, weaknesses, opportunities, and threats before the company’s failure.
An explanation about how internal and external factors impacted the organization.
Details regarding how the organization could have remained competitive if it implemented certain changes.
Explain the changes that the company needed to make.
Explain how these changes would have led to organizational success and relevancy in today’s market.
Submission Requirements

Write a five- to seven-page paper, not including the title and reference pages, which are required.
Your paper must be properly cited and formatted according to the (Links to an external site.)CSU Global Writing Center (Links to an external site.) (Links to an external site.).
Include a formal reference page. This is an individual paper; however, you should reflect on our discussion forums and incorporate ideas from there, as appropriate.
You must support your analysis with at least five scholarly references and can include resources from this course.
The CSU Global Library (Links to an external site.) is a good place to find these sources. You cannot use Wikipedia for any CSU Global assignment. For this assignment, a credible source is defined as:
A scholarly or peer-reviewed journal article.
A government-based website or publication.
A trade or industry journal article, publication, or website, including those from trade organizations such as SHRM.org and TD.org.
You may wish to review the Template Paper (Links to an external site.) for help formatting your essay according to the requirements. If you need assistance with your writing style or you need writing tips or tutorials, visit the CSU Global Writing Center (Links to an external site.). Utilize headings to organize the content in your work. Review the grading rubric to see how you will be graded for this assignment.

Option #2: An Improvement Will Do the Company Good
Unfortunately, we have all, at one point or another, thought to ourselves, “How is this business remaining afloat?” or “This business is going to fail if it doesn’t address certain issues.” Sometimes, in organizations, while the need for change might be so obvious to outsiders, the issues that are impacting the organization might not be as apparent to insiders (e.g., leaders, managers, organizational stakeholders, etc.).

For the purpose of this Critical Thinking Assignment, identify one company that you are concerned about sustaining their current business. Then, explain the following information:

Details about this business, including any information that you can provide about its size, location, industry, mission, values, etc.
An overview about why you believe this organization might be in trouble financially or otherwise.
Information regarding how internal and external factors are impacting this organization.
Recommendations of factors that need to be addressed. Explain how addressing these issues will improve the organization’s culture and potentially its competitive advantage.
Submission Requirements

Write a five- to seven-page paper, not including the title and reference pages, which are required.
Your paper must be properly cited and formatted according to the (Links to an external site.)CSU Global Writing Center (Links to an external site.) (Links to an external site.).
Include a formal reference page. This is an individual paper; however, you should reflect on our discussion forums and incorporate ideas from there, as appropriate.
You must support your analysis with at least five scholarly references and can include resources from this course.
The CSU Global Library (Links to an external site.) is a good place to find these sources. You cannot use Wikipedia for any CSU Global assignment. For this assignment, a credible source is defined as:
A scholarly or peer-reviewed journal article.
A government-based website or publication.
A trade or industry journal article, publication, or website, including those from trade organizations such as SHRM.org and TD.org.
You may wish to review the Template Paper (Links to an external site.) for help formatting your essay according to the requirements. If you need assistance with your writing style or you need writing tips or tutorials, visit the CSU Global Writing Center (Links to an external site.). Utilize headings to organize the content in your work. Review the grading rubric to see how you will be graded for this assignment.