Discuss the below in detail:
Q: Review in your mind cases where you have seen companies confront highly consequential instances of the possibilities and judgment issues and fail. Take one example of each variety. In your estimation, what elements of the companies' approaches played the most signi?cant roles in those failures? What changes in company practices would greatly reduce the chances of similar failures in the future? What actions could a person in your position take to move the company measurably toward those changes?