Two observable aspects of an enterprise are its tangible performance and persistence (longevity). Intuitively, persistence and high performance would...

Two observable aspects of an enterprise are its tangible performance and persistence (longevity). Intuitively, persistence and high performance would correlate closely. Of course, a high-performance enterprise with a very specific mission to achieve might be disbanded thereafter. However, why do low-performance enterprises persist? Identify some examples and explain their survival.