Going Broke is Taboo at German Companies | Made in Germany
December 11, 2013
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4:20Now PlayingGoing Broke is Taboo at German Companies | Made in Germany
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as posted by the channelEvery business has to allow for the possibility of bankruptcy. Whereas in Germany such failure is frowned upon as a taboo, in the US it's part of the business culture. Companies make mistakes, learn from them and get back on their feet. It's all just part of the learning experience.
Made in Germany talks to German companies about bankruptcy, and about the new opportunities it affords. A Report by Anja Kimmig.
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