When we say, ‘badder’ we mean that literally.
Some of the biggest companies have made serious mistakes that have caused their businesses massive issues, resulting most recently in the future of several corporations we’re going to discuss in doubt.
Mistakes in your business can lead to issues with brand reputation, declines in profit, legal battles and ultimately the destruction of a company. By looking at the mistakes bigger businesses have made before you, you can save your money and your company. But what type of problems are we talking about here? Well, let’s start with business security and Equifax.
The other lesson is to make sure that you are honest and open with the public because everything comes out eventually. By making your business model completely transparent, you will be giving your customers complete access, and they’ll thank you for it. In fact, your business will gain a lot of positive publicity just by making sure that you are always open and honest.
There are just two major examples of how to incredibly powerful businesses have dropped the ball and now will pay for it. There are many, many more cases where businesses have either damaged the reputation, been embroiled in legal scandals or simply ended up in bed with the wrong people.
Just last week, Marvel, the family entertainment brand had to explain why they had formed a partnership for promotion with a global defence company. This just shows how important it is that you do indeed take you encounter seriously because ultimately it could lead to your downfall.
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