Running Head: THE FINANCIAL DOWNTURN OF SIEBEL SYSTEMS

The Financial Downturn of Siebel Systems

Guy Hall

BUS600

Dr. Bob Miller

November 30, 2009

The Financial Downturn of Siebel Systems

This paper identifies the actions that were the grounds of a once lucrative business, by the name of Siebel Systems, to find itself nearing a financial meltdown as a result of poor customer relations, complex and incompatible software, and financial disclosure violations. Siebel Systems is a business in which it provides businesses software necessary for daily functions in the workplace. However this business found itself losing profit and gradually declining in sales and profit as other competitive companies opened the eyes of many any other potential quality distributers. Over...