Business Facts

    Random Business Facts

    There are 75 Business Facts!

    'Bimbo' is a brand of soft drink manufactured and marketed by Coca-Cola, Inc.
    32
    If you pronounce the names of products wrong in an Apple Store, employees are not allowed to correct you.
    5
    CEO takes over company worth $9m, fires management, gives power to employees, and now makes over $200m
    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.
    15
    The average company saves over $7,000 for each employee suggestion that is enacted!
    41
    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
    6
    Lenovo CEO Redistributed His $3M Bonus to 10,000 Employees. Twice.
    As a reward for record profits, the CEO of Lenovo, Yang Yuanqing, received a $3 million bonus, which he redistributed to about 10,000 of Lenovo's employees. He did the same again in 2013.
    22
    20% of tuxedo rentals take place in May.
    13
    Yahoo! was originally called 'Jerry's Guide to the World Wide Web'.
    82