Category: Business
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What successful people do over holidays
The holidays are a perfect time to rest, relax and restart your system. It can be an ideal time to reflect on yourself and your goals and to contemplate your progress. Successful people know how to take a holiday so it includes some relaxation as well as some fun! So take some tried and tested…
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Nurofen fined millions for misleading consumers
The manufacturers of the popular painkiller range Nurofen will be fined $6 million for misleading customers. Today the Australian Competition and Consumer Commission (ACCC) won the court case against pharmaceutical giant Reckitt Benckiser over the targeted pain range. The Federal Court found that the Nurofen targeted pain relief range was misleading because they all had…
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Millennials are cereal killers for Kellogg’s
The breakfast food choices of Millennials have been a hot topic this year, so the revelation that almost half of the generation of young Americans don’t like cereal is fitting. It is, however, surprising that the reason most Americans don’t like cereal is due to the inconvenience of cleaning up afterwards. This disinterest has deeply damaged…
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Consumers dictate business ethics
Yesterday Oxfam released its ‘naughty and nice’ list, highlighting the Australian retailers that have released their factory locations and those that haven’t. Releasing the location of their factories is an excellent step towards ensuring that all workers are well compensated and that the surrounding environment isn’t damaged by the business. “Without knowing where our clothes…
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The future for Trump’s businesses
As Donald Trump has been made president of the United States, questions have now risen concerning the future of Trump’s businesses. Trump is currently the chairman and president of the Trump Organisation, a conglomerate owning properties on a global scale, which includes hotels, golf courses and commercial spaces. While the Trump Organisation is primarily real estate based, the company is…
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Instagram to test new feature that allows users to shop online
The social media platform Instagram will introduce a new feature next week that allows users to shop through their news feed. The function will be called ‘Shop Now’ and will be made available in the US. Users will be able to shop from over 20 brands including Kate Spade, JackThreads and Warby Parker, which will show an in-depth…
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Myer’s successful turnaround due to focus on ‘wanted brands’
Myer chief executive Richard Umbers has plenty to be happy about with his turnaround plan being off to a fantastic start. Umbers recently announced that the company has more than doubled its full-year profit to $60.5 million and has grown sales revenue by three percent. Umbers claims that the increase in sales has come from focusing…
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Psychopaths are as common in the business elite as they are in prison
The Wolf of Wall Street persona that is often portrayed in Hollywood has begun to seep into reality it seems, with research showing that 1 in 5 corporate workers may indeed be psychopaths. With the employees exhibiting traits such as self-obsession, ruthlessness and a lack of empathy towards their fellow employees. Australian Forensic Psychologist Nathan Brooks…