A Peak Into the Future of Microsoft Dynamics NAV
Last June, General Motors, an American industry icon, filed for bankruptcy. What went wrong? Though analysts spoke of a variety of issues - very high labor costs, rising competition from Toyota and Honda, a frightening climb in fuel prices, credit freeze, the caving in of the American economy, drop in sales caused by lack of purchasing power among Americans due to the downturn--we cannot forget the time-tested Darwin theory on adaptation, ‘The Survival of the Fittest'.
General Motors didn't change much with time. GM still made large cars, when Japanese competitors focused on midsize ones to suit more of customer's budgets. Within a month of going bankrupt, General Motors announced an aggressive push into the small car arena.