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I want to know from my friends that in nearby financial crises, why most of world class companies went to bankruptcy although they had top experts?

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Question added by zia khan , Procurement Manager , Venco Imtiaz Construction Co
Date Posted: 2014/04/01
Subhranshu Ganguly
by Subhranshu Ganguly , Quality Analyst. , WIPRO

My understanding is no one not even experts can predict the future financial situation perfectly .This is called the risk factor. Also there is a famous sying past performance is not a guarantee for future profits. Technology changes, tastes and fashoin change. It is not always possible to predict the future in such a dynamic situation.

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