Discuss the term alter ego in the Evergreen Solar Company wh

Discuss the term alter ego in the Evergreen Solar Company when they filed for bankrupt in 2011 in 200 words.

Solution

Evergreen solar company produces solar panels for photovoltaic industries.And this company filed bankruptin the year 2011 and closed its facory.

The reasons for bankruptcy are either engineering or economic reasons

Engineering reasons may be due to poor maintenance of quality i.e. off size of the panels, and poor efficiency

The economic reasons may be rise of price of silicon ,competition among the industries which are manufacturing similar products,and demand of the products in the market, and one of the reason may be dept or equity.

Weight of the solar panels for house hold purpose should not exceed the limit to avoid damage to the roofs.effi cency of the panels is more important if in case the efficiency of the panels is low one has to use more number of solar panels which consumes more space.

The term alter ego means exchanging the companies policies and finding solutions to the existing problems.

The net loss during the years 2008 to 2010 rised frequently from year by year.As the Evergreen company could not find the solution to clear its depts.There is no equity in their returns and income.