Hindsight didn't do these people any good. Name the bad business decision.

1. In 2007, the US Cartoon Network's advertising for Teen Hunger Force included mysterious objects placed in random locations around the city of Boston. Why did this turn out to be a terrible idea?
2. What didn't billionaire Ross Perot buy in 1979?
3. What fatal business mistake did Edwin Drake make in Titusville, Pennsylvania, in 1858?
4. What did Western Union fail to buy for a mere $100,000 because it lacked 'commercial possibilities' and frankly, looked like a toy?
5. What horrible liquid mistake in 1985 caused massive consumer outrage and immediate back-pedalling?
6. What disastrous business decision was made by a Decca Records exec on New Year's Day in 1961?
7. What breaking news story did the San Francisco Chronicle pass on at a mere $500?
8. In the 1970s, the WT Grant Company, a US dime-store chain, went under because of issuing too much credit to customers. The company had forced its sales staff to hard-sell credit cards to customers by terrorising them – the sales staff, not the customers. Name one of the company's 'punishments' for not meeting a credit-issuing quota.
9. What did Eastman Kodak develop in 1975, and then fail to market?
10. In 1977, the senior executives at 20th Century Fox film studio wanted to save a measly $20,000 off the salary of a director, one George Lucas by name. What did they give him in return for the $20,000 pay cut?

Want the inside dope? Click on the picture for answers.

Dmitri Gheorgheni

05.03.18 Front Page

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