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1. |
Which CEO made record
profits by giving refunds to his customers?
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Charles Dunstone Chairman of the Carphone Warehouse
offers an ‘Ultimate Price Promise’ which means
customers get a refund if the price of their phone
falls within 90 days of purchase.
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2. |
Which insurance company
will settle your claim for accident damage before
the tow truck arrives?
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Progressive Insurance has 3000 ‘Immediate Response
Vehicles’ with assessors trained to visit the scene
of the accident, provide assistance to their
customers and settle the claim on the spot.
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3. |
Which entrepreneur
holds an annual party in his garden for 70,000
employees and customers?
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Richard Branson. He started the tradition when he
had just a handful of employees and has maintained
it ever since.
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4. |
Which advertising
agency chief recommends that political leaders take
an eye test before being elected and why?
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Lord Saatchi, Chairman of M&C Saatchi, because he
wants them to look him in the eye and say what they
really believe in.
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5. |
Why does one of the
richest men in Britain go shopping when the stores
are shut?
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Philip Green, Chairman of Arcadia, visits his stores
at night to see for himself the store environment
and it’s potential impact on the shopping
experience.
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6. |
Which fruit drink brand
lists ‘pebbles’ in their list of ingredients? |
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Richard Reed and his co-founders at Innocent
Smoothies use a quirky ‘tone of voice’ to
communicate to their customers that all the
ingredients are natural, including the pebbles
(which of course is a tease).
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7. |
Which CEO conducted a
staff satisfaction survey by asking the question
“What pisses you off when you come to work?”
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Gordon Ramsay, the entrepreneur and award winning
chef.
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8. |
Why might Xerox have
thought Steve Jobs a bad apple? |
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Because Xerox did the early research into the
‘Graphic User Interface’ that was adopted by Apple
and developed into their market leading products.
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9. |
Which cosmetic firm
grew large by never becoming too big? |
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Lush, the natural cosmetics retailer deliberately
runs its operation as a series of small independent
units so as to sustain its small company culture.
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10. |
Which entrepreneur
started a retail chain because he got angry? |
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Tim Waterstone, started his chain of Waterstone’s
bookstores because he became angry at the poor
levels of service being offered at the time.
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