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<p>[QUOTE=&quot;Cloudsweeper99, post: 1283498, member: 3011&quot;]If you understood anything about business, you would realize that there were multiple causes.&nbsp; Nortel failed because (1) they did not have the best technology, (2) they operated out of a relatively high cost country [compared to, say, China] so they could never be the low cost producer, and (3) management wasn&#039;t capable enough to solve either of those issues.&nbsp; If you don&#039;t have superior technology and/or aren&#039;t the low cost provider, there is little hope for survival in that industry.&nbsp; If your reading comprehension skills were higher, you would have realized that my original comment was intended to refute the assertion that Nortel failed due to management greed.&nbsp; You are the only one here expecting and intent on having a thorough and complete discussion on the reasons for the company&#039;s failure, which was never the purpose of the original post regardless of your imagination.[/QUOTE]</p><p><br /></p>

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