Yes companies are failed its reason is choice of wrong way to survive and this type companies can not choose trending for future it is thought only Present not thought for future so it is also a reason to failed ...
example: NOKIA
Nokia is Popular Brand in past but that's can't compromise with his Microsoft/can't change with android and he always thought something new but his thoughts always with Microsoft and Android is also famous in future and microsoft is go down.

so the world always demand for something new.
and the companies can't
compromise with his old thoughts so That's always go down..

Introduction: Companies operate in a dynamic environment that is constantly changing. Failure to adapt to changes in the environment can have detrimental effects on the survival of the company. This essay discusses how failure to adapt to the environment can lead to the demise of a company.

Example: An example of a company that failed to adapt to its environment is Kodak. Kodak was a leading company in the film and photography industry. However, with the advent of digital photography, the company failed to adapt to the changing environment. Kodak was slow to invest in digital technology and continued to focus on film production. As a result, Kodak lost its dominant position in the market and eventually filed for bankruptcy in 2012.

Impact of Failure to Adapt: Failure to adapt to the environment can have detrimental effects on the survival of a company. Some of the impacts of failure to adapt include:

- Loss of market share: Failure to adapt to the changing environment can result in a loss of market share. This is because competitors who adapt to the environment are likely to gain a competitive advantage over the company.

- Decline in revenue: Failure to adapt to the environment can result in a decline in revenue. This is because the company may lose customers who switch to competitors who have adapted to the environment.

- Increased costs: Failure to adapt to the environment can result in increased costs. This is because the company may have to invest in new technology or processes to catch up with competitors who have adapted to the environment.

Conclusion: In conclusion, companies that fail to adapt to their environment are unlikely to survive in the long run. Failure to adapt can result in a loss of market share, decline in revenue, and increased costs. It is therefore important for companies to constantly monitor their environment and adapt to changes to remain competitive in the market.