Many Internet based corporations, including some in Texas, were forced into bankruptcy in the early 2000s. One of the main reaso

Question

2 years ago

8

Many Internet based corporations, including some in Texas, were forced into bankruptcy in the early 2000s. One of the main reaso

ns for this situation was that the corporations A. Were unable to find facilities to house their businesses. B. Faced unfair competition from foreign businesses. C. Expanded too quickly and made very small profits. D. Were unable to hire enough skilled workers and managers.

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1 answer:

mina [271] · Answer 1 · 2022-12-15T17:56:16+03:00

Answer:

D. Were unable to hire enough skilled workers and managers.

Explanation:

Given the fact in the early 2000s internet was still new. And the technical knowledge or expertise for running and maintaining the successful operations of businesses that were dependent on the internet was only available among fewer people

Hence, many Internet-based corporations, including some in Texas, were forced into bankruptcy in the early 2000s. One of the main reasons for this situation was that the corporations "We're unable to hire enough skilled workers and managers."