Corporate performance crises are the result of failures in judgment on the part of senior management.

Question

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Corporate performance crises often arise from poor decision-making by top executives, including mismanagement, lack of strategic vision, and poor risk management. It is their responsibility to ensure that the company operates effectively and that risks are managed properly. When senior management fails in these duties, the company may suffer from financial losses, reputational damage, and other negative consequences.

Corporate Performance Crises Are the Result of Failures in Judgment