How did Bombardier gets its start? What was its first product? How did the company later enter the markets for trains and commercial jets? How would you analyze the root cause of what went wrong? Was the strategy flawed: a problem of strategy formulation? Or was just the execution flawed: a failure of strategy implementation? Justify your answer! Why has the company now exited the markets for trains and commercial jets? Why did Bombardier conclude it needed to sell these business lines? submit succinct, but thoughtful, answers to the following questions relating to the article: TORONTO-Bombardier Inc. tried to take on much bigger players in the global market for trains and commercial jetliners. Having shed both those businesses in as many weeks, it now plans to pare the debt that forced those retreats, and navigate a much smaller industry. business jets. The Canadian company said earlier this week it would sell its train business - a maker of high speed trains and New York City subway cars - to French giant Alstom SA, netting as much as $4.5 billion. It has promised to deploy that cash to significantly reduce $9.3 billion in long-term debt, much of which was borrowed to finance an ill-fated effort to break into the commercial plane market. It separately agreed to sell its remaining stake in that business last week to Airbus SE. Bombardier had been engaged in parallel talks to sell the business-jet unit, too, in case a train deal was derailed. Those talks, with Textron Inc., are now over. "We had to reduce debt," Bombardier Chief Executive Officer Alain Bellemare said in an interview. "We had two great businesses, and one had to go." After the Alstom and Airbus deals, Bombardier is left as one of several players in a much smaller industry, the roughly $20 billion global market for new business jets. It competes at the top end with General Dynamics Corp.'s Gulfstream and France's Dassault Aviation SA, and with Textron and Brazil's Embraer SA in the market for small and medium-size planes. Bombardier makes the Challenger, Learjet and Global brands, and says it has a backlog of orders worth \$14.4 billion. Growth in the sector is expected to be driven by demand for bigger jets that travel longer distances. Bombardier's new Global 7500 ranks as the world's largest and longest-range jet. Its Global 6000 made headlines earlier this year as the deluxe aircraft that ferried former auto executive Carlos Ghosn in his clandestine escape from bail in Japan. The train divestiture is expected to reduce Bombardier's annual revenue, which stood at $15.8 billion in 2019 , by more than 50% . Its employee count is expected to shrink by more than 70% to 18,000 . The retrenchment represents the most profound pivot yet for the iconic Canadian company, which started off in 1942 , in a small township east of Montreal as a manufacturer of passenger and commercial snowmobiles. It has reinvented itself, over almost a century, with international expansion and deal-making.