Question: Some firms seem to last forever. (For an extreme example, go to www.hbc.com.) In some industries, however, even the most effective firms may expect short

Some firms seem to last forever. (For an extreme example, go to www.hbc.com.) In some industries, however, even the most effective firms may expect short lifetimes (e.g., lawn crews, Thai restaurants). Size certainly has something to do with longevity, but are there other factors involved? How does size help larger firms or imperil smaller ones? What other factors besides size contribute to longevity?

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