Business Facts

Business Facts

There are 75 Business Facts!

22 days ago
Ricardo Semler, a CEO in his twenties, took over a company worth $9m, fired most of the management, and gave the power to the employees. It now has a turnover of over $200m.
23 days ago
The CEO of Japan Airlines makes $90,000 a year, less than the pilots. During an interview, he said "We in Japan learned during the bubble economy that businesses who pursue money first fail. The business world has lost sight of this basic tenet of business ethics."
23 days ago
If an employee of Google dies, their spouse will receive half their pay for 10 years as well as stock benefits, and any children will receive $1000 a month until they turn 19.
25 days ago
A man named Dmitry Argakov was sent a letter offering him a credit card but he didn’t like the terms. So he altered the contract to include unlimited credit at 0% interest which the bank accepted but then tried to void his card. He sued the bank for not sticking to terms of the credit contract and won.
1 month ago
In March, 2014, Colorado sold $19 million dollars worth of Cannabis. $1.9 million went to schools and crime fell by 10%.
3 months ago
Dunkin Donuts in South Korea started spraying coffee aroma into public buses every time their jingle played. Coffee sales increased 29%.
3 months ago
As of 2014, Apple has enough money to buy Facebook, or Netflix, Tesla, Twitter, Dropbox, Pandora, and Spotify combined - with $59 billion to spare!
3 months ago
Despite being the 7th richest man in the world, Ingvar Kamprad (founder of IKEA) lives in a small home, eats at IKEA, and uses the bus.
3 months ago
The Shell Oil Company began as a novelty shop in London that sold sea shells.
3 months ago
Coca Cola owns all the domain names that can be read as 'ahh'. Such as ahh.com, ahhhh.com, ahhhhh.com, and so on... all the way up to 62 h's!
4 months ago
In 2006, the CEO of Whole Foods reduced his salary to $1 a year, donated his entire portfolio to charity, and set up a $100,000 fund for staff facing personal problems.
4 months ago
McDonald's serves 75 hamburgers every second, according to the company’s Operations and Training Manual.
4 months ago
The first McDonald’s drive-thru was opened near a military base in Arizona “to serve soldiers who weren’t permitted to get out of their cars while wearing fatigues.”
4 months ago
Instead of McDonald's tearing down a ~200-year-old Georgian mansion, citizens of a small NY town forced them to renovate it instead, resulting in a uniquely historic franchise location.
4 months ago
In 1907, Kellogg’s launched a campaign called "Wink Day" to promote Cornflakes. Women were encouraged to “wink at your grocer and see what you get” (and what they got was a free box of cereal!)
5 months ago
A man sued Bank of America for erroneously foreclosing on his home and won. When they didn’t pay the fees, he foreclosed their bank.
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