The Truth Behind The 4 Biggest Business Myths

Business Myths
Unsplash

Big businesses generate a lot of publicity — not all of it good. With great renown comes a great number of myths about a company's products, services, and marketing. You've probably heard some of these popular myths and may have even taken them as fact. However, there's actually no truth behind some of these oft-cited misconceptions.

McDonalds Food Doesn't Rot

McDonalds

Image via Flickr by JeepersMedia

Since the popularity of the documentary "Supersize Me" in 2004, there's been a lot of controversy over what's really lurking in McDonald's food. One common myth is that burgers from the behemoth fast-food chain are so laden with chemicals and preservatives that they do not rot. Fortunately for those who enjoy a McMeal from time to time, this simply isn't true.

McDonald's itself helped clear up the misunderstanding with a detailed explanation from Dr. Keith Warriner, program director for the Department of Food Science and Quality Assurance at the University of Guelph. Warriner explained that the phenomenon of everlasting food is caused not by preservatives but by a simple lack of moisture. The relatively dry hamburger and dry toasted bun lose additional moisture when kept in an open room and are too dry to host the microbes that would ordinarily take up residence.

An 8-year-old girl in Australia helped dispel the myth further with a science project in which a McDonald's burger did spoil alongside a homemade control sandwich. Both were kept in a closed container in which moisture was trapped, thus allowing mold to grow.

Heinz Offers Exactly 57 Varieties

Heinz

Image source: Google, copyright-free image under Creative Commons License

The Heinz slogan “57 Varieties” is catchy, and it's one that many people believe to be true. However, there is no literal basis for this. The catchphrase was coined by H.J. Heinz after he was struck by the appeal of an advertisement on a train car that spoke of “21 styles” of shoes. He enjoyed the phrasing so much that he decided to adopt something similar to his own company.

At the time, Heinz produced more than 60 products. However, Heinz chose the number 57 after his lucky number of five and his wife's lucky number of seven. Thus, the catchy “57 varieties” logo was born, entirely independent of any factual information about the product line.

Amway Is a Pyramid Scheme

Amway

Image source: Google, copyright-free image under Creative Commons License

The popular direct selling company Amway is often dubbed a pyramid scheme. Pyramid schemes are designed to benefit those at the top by taking money from later participants and giving it to those who invested first. These businesses have little to do with product sales and instead, rely on each participant recruiting more people.

This myth about Amway is easily dispelled. The company is focused on selling real, physical products. The independent business owners who work for Amway don't make a profit from recruiting additional participants. Their income comes entirely from sales, which places the business well outside the bounds of a pyramid scheme.

No One Dies on Disney Property

Disney

Image source: Google, copyright-free image under Creative Commons License

It's widely believed that it's impossible for someone to technically die on Disney property because the company will go to great lengths to ensure that the individual isn't declared dead until they're out of the park. However, this myth simply doesn't stand up to the test of truth. As Snopes pointed out, there have been multiple deaths that occurred on Disney property where individuals were declared dead at the scene.

While Disney is extremely image-conscious, this doesn't extend to bending the rules beyond reason. All efforts would inevitably be made to keep an individual alive after any type of accident inside the park, and the park's impressive response times would make it likely that an individual would make it out of the park quickly. The average response time for medical response carts nationally is eight to 10 minutes, but Disney's response time on its properties is just five minutes. However, this is likely more about guest safety than the company image.

Before you take any popular story as truth, it's worth investigating to find out whether the company is really operating as you're led to believe. Unfortunately, some big names are smeared with stories that are entirely false.

Similar Articles

7 Best Qualities Of Exemplary Teachers That You Should Know

You want to become a teacher, but not just any teacher. You want to make a difference in students’ lives. Also, you are willing to provide them with a resource and experience they’ll take with them for the rest of their lives.

corporate interior designers in Bangalore

In today's business world, a good office design is important for both employees and clients of a company to lead to business success. Office is the space that your employees will spend most of their time, so setting a welcoming vibe is important.

 A Guide to Small Business Finances For Beginners

A strong financial plan and management are at the heart of any business's success, no matter how big or small. When you decide to go it alone and start your own small business, it’s impossible to know everything right away.

Key Sales Pipeline Management Metrics For Measuring And Organizing Multiple Pipelines

If you are using an all-in-one CRM software, you will find that there are a plethora of B2C and B2B sales metrics feeding hundreds of inputs into your sales pipeline.
 

Different Suggestions For Company Growth In Real Estate Businesses

With approximately more than even 2 million active buyers, real estate is a pretty crowded marketplace in the U.S. that can make any real estate agent feel impossible to grow their realty business. Nevertheless, the good news is – growth is within your hand.

Different Sales Challenges and Solutions For Remote Sales Teams In This COVID-19 World

In business, all salespersons wish to end their months celebrating their wins on a happy note. But unfortunately, for most of the people in sales, their months end with a sense of utter disappointment, filled with exasperated regrets and so are often plagued with challenges that affect their performance and results every month.

Business Growth Ideas-Different Ways B2B Companies Can Thrive In A Virtual Selling Landscape

We have come across a time nowadays when e-commerce websites and paid searches can compete with human sales reps on conversion metrics and for that traditional sales roles in modern times are taking a hit.
 

Tips On How You Can Pump Up Your Business to Business Lead Generation and Management Capabilities

How does your B2B organization attract and handle leads? Apparently, it may seem to be a simple question, but very few of the companies that we spoke, had a definite answer.

What is European MDR?

The EU MDR or European Medical Device Regulation states the high standard of safety measures and quality of the device. This is mainly for medical devices in Europe and passes through an effective quality check process before they are available in the market for use. It has been through many revisions in the past years.