Huge companies used to make a lot of stuff back in the golden age of capitalism. General electric was a big chemicals and plastics company for instance. It was just normal.
Nowadays, those mega-corporations make more money acting as a bank than they do selling stuff. They’ve just kept some product lines rolling because they’re profitable and safe.
You couldn’t just start a motorcycle company and be competitive against Yamaha. The specific expertise they have took decades to build, so why waste it by closing down those weird branches when they’re still making money.
For real though, anyone know how that came to be?
iirc Yamaha was making mechanical parts in WW2, and that department survived after the war by switching to making motorcycles
e:typo
Branching- Pepsi made phones, Nintendo had love hotels probs not and taxi services, Chinese companies make many stuff etc
Nintendo? Love Hotels? I think I missed a few chapters here.
Huge companies used to make a lot of stuff back in the golden age of capitalism. General electric was a big chemicals and plastics company for instance. It was just normal.
Nowadays, those mega-corporations make more money acting as a bank than they do selling stuff. They’ve just kept some product lines rolling because they’re profitable and safe.
You couldn’t just start a motorcycle company and be competitive against Yamaha. The specific expertise they have took decades to build, so why waste it by closing down those weird branches when they’re still making money.