Any organization which intends to operate legitimately for profit.

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5
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1answer
321 views

Do management consulting firms add more value to their clients than the fees they charge?

A recent question here (Does paying consultants by the hour increase the likelihood that the consultant proposes overly complex solutions?) prompted me to ask the more fundamental question of whether ...
6
votes
0answers
254 views

Is having a “sign waver” an effective marketing strategy?

It started a few years ago. The first one I remember seeing was Little Caeser's $5 Hot-And-Ready pizzas. I don't know if this was the source, but it was the first symptom... ... And then the ...
12
votes
2answers
637 views

Do banks typically lose as much money as they make in the long term?

Nicholas Nassem Taleb makes the following passing statement in his latest meditation on the nature and management of risk (Antifragile): ...businesses with negative optionality (that is, the ...
9
votes
1answer
1k views

Is the pharmaceutical industry the most profitable business in the United States?

The Russia Today article Pharmageddon: America’s bitter pill claims The pharmaceutical industry remains the most profitable business in the US. More success and financial gain for the companies ...
14
votes
1answer
3k views

Are businesses required to cut up credit cards?

There are several movies and tv shows in which a character attempts to use a credit card, only to find that it's been cancelled. This usually results in the card being cut up. In the trailer for the ...
1
vote
1answer
311 views

Can the fall of Hostess be mainly attributed to the bakers union? [closed]

I am seeing many different sides of the story on every news outlet. Liberals instantly blame the management and conservatives point fingers at the unions. But few facts are really presented. Can ...
11
votes
1answer
507 views

Do corporations own human DNA sequences?

I came across the claim that Human DNA sequences are now owned by corporations: FACT: HUMAN DNA SEQUENCES ARE NOW OWNED BY CORPORATIONS Is this true? If so, what does this mean? (I realise ...
10
votes
1answer
416 views

Do record companies use a system that kept 99.995% of artists without any form of regular income?

This quote from TorrentFreak: Under the “sign-a-record-deal-or-remain-poor system”, 99% of artists didn’t get record deals with the abusive record industry – and out of those who did, 99.5% ...
20
votes
2answers
57k views

Does Louis Vuitton burn all their unsold bags?

It first ran across the notion with this meme Every year Louis Vuitton burns all their unsold bags A google search yields lots of results but none of them seems credible. Snopes yields nothing. ...
30
votes
3answers
1k views

Can acts of IP piracy be more beneficial than harmful?

There are several claims that piracy of Intellectual Property (IP) can help sales more than it hurts them. For example, Edmund McMillan of Team Meat states in an interview at IGN: McMillen ...
8
votes
1answer
549 views

Are many successful entrepreneurs post-secondary education dropouts?

One often hears anecdotes about how successful CEOs / founders / entrepreneurs are college or university dropouts, usually bringing up the same set of examples with one or two CEOs du jour. Most ...
15
votes
0answers
4k views

Is the Predictive Index® personality inventory for hiring based on scientific research?

I just heard of it (a friend has to take it) and it seems obvious that it's a product marketed directly to business people. I'd expect that the test isn't worth much because it was made in 1955 and ...
11
votes
1answer
4k views

Is Coffee the most traded commodity in the world after Oil?

I have heard the claim that Coffee is the most traded commodity in the world right after Oil. Is there any proof of that? I have also heard that coffee is the most consumed beverage after water? Any ...
16
votes
2answers
741 views

Do small businesses create the majority of the jobs in America?

Do small businesses create the majority of the jobs in the United States? I guess it would depend on one's definition of small business, but stipulating that the definition is the one used by ...
53
votes
2answers
7k views

The origin of “99 cents”

I've seen two competing theories on the origin of pricing products at $<desired dollar amount minus 1>.99 (i.e. charging $19.99 instead of $20, of $5.99 instead of $6): Psychological pricing ...
14
votes
3answers
2k views

Can Microsoft's success be attributed to their abuse of a monopoly

Can the success of Microsoft be attributed to their abuse of their operating system monopolies of MS-DOS through the various versions of Windows (and other related monopolies such as the Internet ...