Business Facts

    Random Business Facts

    There are 75 Business Facts!

    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.
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    All 3 founders of Apple worked at Atari before forming Apple.
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    It has been scientifically proven that praise rather than criticism is the best way to help employees improve.
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    There is no tipping at restaurants in Japan.
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    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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    When Scott Paper Company first started manufacturing toilet paper they did not put their name on the product because of embarrassment.
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    McDonald's serves 75 hamburgers every second, according to the company’s Operations and Training Manual.
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    In the mid-90’s, Coca Cola recalled an advertising poster due to a hidden sexual image.
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