Quote:
Originally Posted by theducks
 How can a CEO guide a business (and justify the really high salary) if they have no clue about said business practices and trends?
Oh wait! Sears let Amazon walk away with Mail Order. AT&T held onto the old tariff model and chased customers to competitors. And the list goes on, with CEO failing to adapt the business till to late.
Grandpa was a merchant:
"It is easier to KEEP a customer, than get one back" 
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Not mention thinking that buying Kmart was a good idea.

Why would one failing company buying another failing company be a good idea?

Apache