Question: Two observable aspects of an enterprise are its tangible performance and persistence (longevity). Intuitively, persistence and high performance would correlate closely. Of course, a high

Two observable aspects of an enterprise are its tangible performance and persistence (longevity). Intuitively, persistence and high performance would correlate closely. Of course, a high performance enterprise with a very specific mission to achieve might be disbanded thereafter. But why do low performance enterprises persist? Identify some examples and explain their survival.

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