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Failed Businesses 2

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What was one of the reasons the Pan Am failed?

a)

Lack of people that wanted to fly

b)

Fuel costs

c)

Not flying to enough different destinations

2.

What was the major reason Polaroid failed?

a)

Didn't keep up with technology

b)

Lack of brand recognition

c)

Employee costs

3.

Why did GM have trouble competing with other car companies

a)

Not well know

b)

Employee costs

c)

Selection of vehicles

4.

Why did Borders fail?

a)

They opened to many locations

b)

They didn't sell the right books

c)

People stopped reading

5.

What was one huge mistake that Blockbuster made that could have kept the company relevant and profitable

a)

They didn't sell dvd's

b)

Not enough locations

c)

They didn't partner with Netflix when given the opportunity

6.

The major reason Toys R Us failed is

a)

lack of toys

b)

Competition

c)

Not enough stores

7.

Sears declared bankruptcy in what year

a)

2015

b)

2008

c)

2018

8.

What year did Charolette Russe open

a)

1965

b)

2005

c)

1975

9.

Easier access to books was the downfall of what company?

a)

Amazon

b)

Borders

c)

Wal Mart

10.

Forever 21 failed primarily due to

a)

Overexpansion

b)

Bad quality

c)

Not enough locations