pcdob Business Blog with reviews and articles: August 2011

Business Facts That Are Worth Reading

Samsung accounts for 20% of Korea’s gross domestic product.
Burt’s Bees is owned by Clorox.
Warner Music owns the copyrights to “Happy Birthday,” so it’s technically owed royalties every time you sing it to someone on their big day.
Sixty-four percent of consumers have made a purchase decision based on social media content.
Changing the U.S. $1 bill for a $1 coin would save the U.S. $4.4 billion in 30 years.
Sixty-four percent of consumers have made a purchase decision based on social media content.
Each week nearly one-third of the U.S. population visits a Walmart.
Seventy percent of small businesses are owned and operated by a single person.
Robert Chesebrough, the inventor of Vaseline, ate a spoonful of the stuff every morning.
Apple had a third founder, Ronald Wayne, who had a 10% stake in the company. He left the fledgling company after 12 days and forfeited his shares for $2,300 (about $9,600 today).