Failed to change and went out of business

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Reference no: EM132205315

Class can you think of a company that failed to change and went out of business? Give the name of the company and what it failed to change.

For example, Blockbuster Video. Competitive pressures and rapidly changing streaming technology proved to be too daunting for Blockbuster's management, as video lovers continue to flock to Netflix, YouTube and other start-up streaming sites. Cheaper kiosk rental locations, such as Redbox, undercut its prices.

Reference no: EM132205315

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