The internet phenomenon has had a massively profound effect on the world of business. It has allowed billions of people around the world to connect, and it has sparked innovation and created new processes. However, there is also a darker side where companies have struggled to adapt to the sheer force of change, leading to bankruptcy and administration among some of the most cherished brands. This infographic explores five major industries and follows the story of how they responded to the internet. It was produced by CompanyDebt.com, a company that helps businesses who are going through administration, liquidation and bankruptcy.
Infographic Source: CompanyDebt.com