10 Worst Corporate Decisions That Wrecked Their Reputations
9. Company: Nokia
Decision: Launches a phone cum video game, Ngage.
Why it was bad: In an attempt to Gain market share from Game Boy Advance players, Nokia launched Ngage. But to its fate, it was designed in such a manner that it made it difficult to make calls and even to play games. So Nokia emerged as losers on both fronts. It later released the games in Smartphone apps in 2007 and the next year announced that it will stop manufacturing the Ngage model.
Consequence: Nokia lost its reputation among its customers for coming out with a thrashed model.
10. Company: MSG
Decision: Turned down the offer to give away the rights of broadcasting Bronx Bombers.
Why it was bad: MSG, that turned down the offer to give away the rights of broadcasting Bronx Bombers it gave Steinbrenner the idea to start his own network. The YES network that he started revolutionized the sports television and encouraged sports franchises to come up with their own channels.
Consequence: It made YES the major league team to sell cable TV rights way before than Yankees.
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