A score model attributed to Argenti $(1976)$ suggests that the failure process follows a predictable sequence:

Failure process

Defects $-$Mistakes$-$ Symptoms of failure

Defects can be divided into management weaknesses and accounting deficiencies. for each of the companies below, determine whether it has a management weakness, accounting deficiency or none of the two. Company I has a weak corporate culture which has resulted in very few social activities being conducted within the organization. the management does not see the need to improve on the corporate culture as it has not affected the output