Which of the following was a reasonfor the failure of dot-com companies during the late 1990s?
a. Generating revenues in excess of costs
b. Increasing the market share with equal importance given for bottom-line profits
c. Too much focus on bottom-line profits with little regard for market share
d. Increasing the market share with little regard for bottom-line profits
d. Increasing the market share with little regard for bottom-line profits
During the late 1990s, many poor ideas for Web-related businesses were proposed and funded in a wave of "irrational exuberance" for all things associated with the dot-com economy. In many cases, these new businesses ignored traditional business models built on delivering fundamental value for customers, achieving operational excellence, and generating revenues in excess of costs. Instead many companies placed an unhealthy emphasis on increasing market share with little regard for bottom-line profits. With their focus on the wrong things, it really was not a surprise when hundreds of the dot-com companies failed.
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Fill in the blank(s) with the appropriate word(s).