Infographics never fail to fascinate me. Here are some blarringly scary stats + figs on various data from the world of global business. In journalism, “a picture tells a thousand words”, whereas in business and economics, the empirical truth is showcased through “stats+figs+#s” (yes that’s statistics and numbers)!
What is painfully clear is the role of technology and how it kills certain business models. Many a brands have fallen victim to technology. Remember the old hit song “Video Killed the Radio Star”? And what about Betamax, and VHS… and Blockbuster? Oh.. and did I mention the Sony Walkman? PS: you can throw in the fax machine in there too!