Abstract
In most of developing countries, the public transportation remains the challenges for most of the population. This inherent situation is observed in Democratic Republic of the Congo (DRC) where the demand of public transportation exceeds the supply. It has been found that public transportation companies are created, but they eventually fall into bankruptcy. The causes can be of course diverse. The objective of this study is to trace and describe the life cycles of these transportation companies of DR Congo in the diachronic and synchronic perspective. Using the documentary analysis of secondary data and interviews, the findings provide a description of the life cycles of the DRC transportation companies according to their cycle duration, types and steps in the diachronic and synchronic perspective.
Highlights
In some sectors in organizations, it has been observed for some decades on a global, continental, national, provincial or even in local environments that the live of companies follows a cycle
Using the documentary analysis of secondary data and interviews, the findings provide a description of the life cycles of the Democratic Republic of the Congo (DRC) transportation companies according to their cycle duration, types and steps in the diachronic and synchronic perspective
This study showed that most public transportation company of DRC lived the life cycle in long-term
Summary
In some sectors in organizations, it has been observed for some decades on a global, continental, national, provincial or even in local environments that the live of companies follows a cycle. It was noted that about the global statistics of business failures every year, nearly 55,000 companies and 250,000 employees are affected by the failure. This remains a complex phenomenon which the analysis is limited, to either purely quantitative aspects or to the only legal framework (Luboya, 2011) [1]
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
