The Worst Business Decisions EVER Made
Mistakes Were Made
When it comes to running a business, it can be difficult to know if you're making the right moves—especially with so much at stake. Well, unfortunately for these companies, they made some of the worstbusiness decisions in history.
New Coke
Coca-Cola made a stunning decision in 1985. They decided to change the one thing that defined their product: Its recipe. It didn't matter that Coca-Cola already had a tried and true formula, they still wanted to do something to rival Pepsi. This turned out to be a major mistake.
New Coke
Turns out, Coca-Cola fans didn't want New Coke, because they already loved the old Coke. It didn't take long for the company to backtrack on their decision, as just 79 days after New Coke came out, they put out "Coca-Cola Cassic" (the original formula).
New Coke
Five years after its underwhelming release, the company renamed New Coke. It became Coke II—but by 2002, Coca-Cola discontinued it.
When Blockbuster Turned Down Netflix
These days, I'm still nostalgic for the good ol' days of Blockbuster, browsing the newest releases on a Friday night. However, the company fumbled big time in the early 2000s.