"Two obvious cases come to mind:1) Kodak (remember the film brand?) invented the digital camera in 1979 but did not pursue that line because they thought it would hurt film sales.2) Blockbuster Video had an opportunity to merge with Netflix to manage online streaming content, but declined. Blockbuster was sure that video rental would never end"
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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?
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
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
Look at all the liberal down votes...wassamatter snowflakes, truth hurts?
The profit margin on some items are just too low