Amazon started off as a retailer of books. It later expanded its business to include consumer durables such as electronic items, computers, jewelry, DVDs, etc. Further as it started growing, it started providing its store-fronts and fulfillment systems as a service for third party vendors and retailers...
What is that makes some companies adapt and grow, and other to wither away to failure? What is that makes some of them so resilient to external forces, and bring about disruptive yet positive changes? Basic accounting practices or concepts of finance haven’t changed from 1955 to 2008, save some...