Business Facts

    Random Business Facts

    There are 75 Business Facts!

    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.
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    Ma Yu Ching’s Bucket Chicken House in Kaifeng, China is considered the world’s oldest operating restaurant, first opening in 1153 AD during the Jing Dynasty.
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    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."
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    Volvo's Overseas Delivery Program
    Volvo's Overseas Delivery Program
    Americans buying a Volvo can get a free holiday to Sweden to test drive their new car. All costs, including airfare and shipment of the car, are covered by the Volvo Overseas Delivery program.
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    Nokia was once famous as a manufacturer of toilet paper.
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    The first product that the toy company Mattel came out with was picture frames.
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    Newman’s Own foods donates 100% of its post tax profits to charity. As of June 2012 these donations have exceeded 330 million dollars.
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    Amazon sells more e-books than printed books.
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