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Sabrina 7 month s ago
#5 - Wrong! Welch /saved/ GE. If they had continued on the path they were on prior to him assuming the helm, they would have been out of business completely. You can hate on him all you want for the mass firings, but the strategy was sound - if they weren't #1 or #2 in a market, Welch got them out. It drastically cut operating expenses and returned the company to profitability for the first time in decades.
       
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Aze 7 month s ago
Sabrina,
Look at all the liberal down votes...wassamatter snowflakes, truth hurts?
       
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Erin 7 month s ago
The Bayer AG decided to buy Monsanto when it was already clear Monsanto would get sued a lot in the US. Now, 9 years later, Bayer itself is worth half the amount they've paid for Monsanto.
       
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Ray 7 month s ago
#13 I fine in most cases if you simply ask nicely the wait staff are happy to turn down the sound.
       
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Ray 7 month s ago
*find
       
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Ray 7 month s ago
Missing from this list: Businesses that only accept cash. Even the majority of vendors at farm markets, fairs, art and craft shows, etc. are capable of taking cards. The typical excuse I hear from places that only accept cash is that card transaction fees are too high. Well, it's better than making no money at all, isn't it?
       
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Eduardo 7 month s ago
Ray, it's not when the fees are higher than the profits made
The profit margin on some items are just too low
       
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Lionel 7 month s ago
#8 You mean Tesla?
       
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Mitchell 6 month s ago
#10 that wasn’t their decision, Apple just accused them of pornography and deleted the tumblr app off the apple store
       
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"Susan G Komen hired Karen Handel after her failed bid for GA gov on an anti abortion platform. Karen convinced the founder that defunding Planned Parenthood mammograms would increase donations from the right.They didn’t realize how many of their donors were not conservatives. Massive PR debacle and wave of donors asking for refunds.So Komen said ‘oops, that was a bad move so we’re NOT defunding Planned Parenthood mammograms.Conservatives then asked for donation refunds and non conservatives stayed away.The nonprofit went from the most trusted name in charities to shuttering most of its local offices and reducing its revenue close to -60%"

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How One Mistake Destroyed A Business Empire
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