What Went Wrong With These 7 Most Admired Companies?

By siliconindia | Monday, 18 November 2013, 13:22 Hrs

4. McDonnell Douglas

Basically, McDonnell and Douglas are two companies that merged in 1967. Till these two companies came together, they were responsible for manufacturing fighter planes, and it was McDonnell and Douglas who built fighter jets for WWII. After they merged in 1967, McDonnell Douglas was one of the largest aircraft makers in the world and they concentrated more on commercial planes rather than the fighter jets which was their previous interest.

5. Western Electric

Western Electric Company was an American electrical engineering and manufacturing company founded in 1869. The company served as AT&T's manufacturing arm for more than a century. In 1881, the company was purchased by the American Bell Telephone Company. After that, the company started building everything from telegraphs to some of the earliest sound systems.

In fact in 1926, Western Electric manufactured a first ever telephone that was a combination of a handset, a transmitter and a receiver.