Monthly Archives: April 2014

Most Disliked Companies in America

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There are companies that everyone loves, and then there are the ones that are intensely disliked, even hated, by consumers. Most of the companies consumers dislike are on the “bad” list for reasons of quality, customer service, stock performance, poor management decisions, and generally bad employment practices.

Which companies are the most disliked in America? Some of these may surprise you, but most will have consumers nodding their heads in agreement. The company, 24/7 Wall St., analyzed metrics for customer satisfaction, stock performance, and employee satisfaction, using data from the Consumer Reports Naughty and Nice list, the American Customer Satisfaction Index, management decisions in the past year, and more.

Top (or should it be bottom) ten companies include familiar brands: McDonald’s, Abercrombie & Fitch, Electronic Arts, Sears, DISH, Walmart, JP Morgan Chase, Lululemon, BlackBerry, and JC Penney.

Group Activities and Discussion Questions:
1. Divide students into teams. Have each team agree on a top ten list of companies they cannot stand.
2. Build a complete list of the hated companies on the white board. Note the differences and which lists contain the same companies.
3. What companies are on the classes’ top ten most disliked list?
4. Show the lists compiled by 24/7 Wall Street and Consumerist.

The 10 Most Hated Companies in America


http://consumerist.com/2014/04/08/congratulations-to-comcast-your-2014-worst-company-in-america/
5. Class discussion: what put these companies on the disliked list? What can these companies do to improve their images?
6. Assign each team one of the disliked companies. What would the students suggest to get these companies onto a list of most admired companies?

Source: 247Wall Street.com, Brandchannel.com, Consumerist.com

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The Costs of Car Ownership

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Most of us have noticed that it costs more than ever to own and operate today’s automobiles. Between gas, maintenance, finance charges and more, an annual report by AAA auto club provides an eye-opening look at the monthly costs.

For example, if you drive a mid-size Sedan such as a Toyota Camry or Ford Fusion, the monthly costs are an average of $760 per month – $9,150 per year for gas, tires, coverage, license fees, etc. For an SUV, the monthly costs are even hirer, approximately $967 every month – that’s $11,600 annually! And let’s not forget about random expenses such as carwashes, parking fees, and speeding tickets. Add in the square footage costs of your garage – roughly 400 square feet at $100/sq. ft. totals $40,000 of mortgage going to house your car.

Whew… Makes us reconsider the costs of daily commuting vs. public transportation.

Group Activities and Discussion Questions:
1. Start this discussion by dividing students into groups. Have each group develop a list of all the costs of buying a new car.
2. Next, have the groups develop a list of all the costs of owning a new car.
3. Record their answers on the white board for all to see.
4. Show the ownership chart from the Wall Street Journal article:  “Mercedes or Ford, a Car Costs a Lot More Than You Think” http://on.wsj.com/OsJjeZ
5. How does the WSJ list compare to students’ estimates? What was surprising, expected?
6. How might these costs affect people’s decisions on where to work and live?

Source: Wall Street Journal, 3/14/15

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