Abandoned: Circuit CityPlease watch the following video concerning the failure of Circuit City:Bright Sun Films. (2016, September 30). Abandoned – Circuit City [Video file]. Retrieved from https://youtu.be/BWPLKXPM9FgThen respond to the following:(one-half page)1.) Did the management of the company fail to recognize significant changes occurring within the external environment of the retail industry and fail to adapt to them?(one-Half page)(2.) What internal issues were responsible for the companyâ€™s ills?