Description: Lifespan of big corporations is fast shrinking: A recent study at Yale university concluded that in 1958, a Fortune 500 company could be expected to survive for at least 60 years; this life span has now come down to less than 15 years.
Source: CBC
Date: Nov. 04, 2013
Video Link: http://www.cbc.ca/player/News/Business/ID/2415923003/?page=2
Questions for Discussion:
- What are some of the reasons that lifespan of big corporations has shrunk significantly?
- Do you see this trend continuing; that is, life span for large firms will continue to decline?
- What is unique about firms such as IBM and Apple that have survived longer than others?
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