BEC Business Quiz 2016- Finals

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Transcript of BEC Business Quiz 2016- Finals

BIZ QUIZ 2016FINALS

Rules

Two IR rounds +10 on direct, +15 on pounce 2 finite pounces As usual, QM is god

Infinite Rebound 1

1.

The man in the image was born in 1972 in Chennai, whose current mayor is S.S. Duraisamy. He did both his undergraduate and postgraduate education in computer science at Worcester Polytechnic Institute in Worcester, MA, whose mayor at present is the Democrat, Joseph Petty. After completing his education he went on to work at Lucent, Nokia and Sun Microsystems before co-founding a social networking venture. What did this man launch?

Answer

Foursquare, co-founded by Naveen Selvadurai. In previous versions of Foursquare, if a user had checked into a venue on more days than anyone else in the past 60 days, then they would be crowned "Mayor" of that venue. 

2.

X was created in England in 1874 to commemorate the marriage of Grand Duchess Maria Alexandrovna of Russia to the Duke of Edinburgh. It became a symbol of prosperity in post-civil war Spain, where it was mass produced to utilise the surplus of wheat. There are many ways of using it, primarily by sandwiching jam or marmite between two of them, or with natillas custard, as it is done in Spain, or on its own with tea. It is manufactured all over the world by companies such as Arcor, Nestle and Ghandour among many others. ID X

Answer

Marie biscuit

3.

Ask.com was originally called Ask ________, after a popular literary character. __________ was the "gentleman's gentleman", fetching answers to any question asked. The idea behind this was to allow users to ask questions posed in everyday language, as well as traditional keyword search. It was eventually phased out in 2006, and was said to go into retirement. However he still appears on uk.ask.com. FITB.

Answer

Jeeves

4.

This company was founded in 1894 in Zlin, Moravia, in the then Austro-Hungarian empire, now Czech Republic by siblings Tomas, Antonin and Anna. It was one of the earliest companies to provide a fixed work schedule and a fixed weekly wage. Due to mounting debts in the first year, they cut costs by manufacturing with canvas instead of leather, a product that became greatly successful. The company saw rapid growth during World War 1 due to several military orders. In the post wartime depression, as sales slumped, leading to a slashing of prices by half, the employees agreed to a 40% reduction in wages, to which the owners reciprocated by providing food and other supplies to employees at half prices. (cont.)

(cont.)

It is also one of the earliest known examples of a profit sharing model, which is the precurson to today's employee bonuses and stock options. Today it holds a strong presence, particularly in India and Singapore, so much so that the parent company is widely believed to be Indian. Which company?

Answer

Bata

5.

The oldest of these in South Asia was established in Calcutta in 1830, with transactions being carried out under a neem tree. Before independence, six of these were established in Bombay, Ahmedabad, Indore, Madras, Hyderabad and Delhi. In 1982, one was established in Pune. Most recently, one was set up in Mumbai in 2010 under the name of United ___________, headed by Amit Trivedi and Mallika Saha. What?

Stock exchanges

6.

X is a 1971 crime thriller film, directed by William Friedkin and stars Gene Hackman, Fernando Rey and Roy Scheider. It became the first R-rated movie to win Academy award for Best Picture, along with Best Actor (Hackman) and Best Director (Friedkin) among many others. The film revolves around two cops from New York trying to bust a drug smuggling ring, headed by the French criminal, Alain Charnier.ID X, also the name of a popular fashion brand.

The French Connection

7.

This company was initially founded by Alexander Daracq and a few other investors as Societa Anonima Italian Daracqq. Due to poor sales in the intital days, the Italian investors decided to found a new company, initially still in partnership with Darracq. The company's current name, comes from the acronym of the company along with the name of an entrepreneur who took over the company in 1915, who used to factory to produce military hardware for World War 1. Which company?

Alfa Romeo. Alfa originally stood for Anonima Lombardia Fabbrica Automobilia and the Romeo came from Nicola Romeo

8.

This currency is followed by several countries including Morocco, Qatar, Libya and Jordan. It derives its name from an ancient Greek currency, reintroduced in 1832 until 2002. The term X is also a measure of mass used in the Ottoman empire standardised as 3.207g. What currency?

Dirham

9.

X is a term whose definition is "the process of decreasing, or accounting for over a period of time". It finds wide applications from computer science to zoning regulations, to tax laws. However the most popular use of the term is in the world of finance and business where it is used to decide the capital expenditures on intangible assets, similar to depreciation. In loan banking, the term is used to describe the process by which the loan principal decreases over time. What is X?

Amortisation

10.

ID this logo, very popular in India and also has an association with sports

Answer

11The M1 carbine is 0.30 caliber semi-automatic carbine that became the standard firearm for the US military in World War 2, Korean War and Vietnam War. While it was designed by Winchester, it was manufactured by several contractors to meet wartime demands, some of which included the Underwood typewriter company, General Motors and X. In the backdrop of Hitler's invasion of Poland, the founder of X placed all facilities at the US government's disposal, including expanded manufacturing capabilities. The largest one of these was at Poughkeepsie, where later in 1941 he set up the Munitions Manufacturing Corporation. Apart from the munitions, X also supplied electric accounting machines to aid the Allied forces in accounting and statistical control. Needless to say, X is not a company you'd generally associate with guns and ammunition. What is X?

IBM

12.

What feat connects Douglas Hofstadter's Fluid Concepts And Creative Analogies: Computer Models Of The Fundamental Mechanisms Of Thought and John Wood's Leaving Microsoft to Change the World?

First books to be sold on Amazon and Flipkart respectively

13.

X is a former businessman and philanthropist. He was born in Calcutta, got a degree in mechanical engineering from IIT-Delhi, and received an MBA from Harvard Business School where he graduated as a Baker scholar. He joined McKinsey in 1973 immediately after B-school, and went on to become the first Managing Director of the company born outside the US. He, along with Anil Kumar set up the Indian School of Business in Bangalore. He is however most well known for certain events in the US in 2009, when he found himself pitted against Manhattan US Attorney, Preet Bharara. ID X

Rajat Gupta

14.

X-Y is a venture capital fund, headquartered in Menlo Park, California, in 2009. Since its inception it has invested in several startups at early and late funding stages, including Zynga, Oculus VR and Buzzfeed. X is a software engineer, who created Mosaic, one of the earliest web browsers. He also founded Netscape, which dominated the browser market before Internet Explorer. He, along with Y cofounded Opsware, a company that offered products for server and network provisioning, configuration and management. They sold the company to Hewlett Packard for $1.6 billion cash in 2007, one of the largest tech acquisitions at the time. ID X and Y

X- Marc AndreessenY- Ben Horowitz

15.

In the initial few hours of trading on July 18th 2014, the stock of a South-East Asian company took an 18% tumble due to the events of the previous day. The event followed an equally tragic one about four months prior. While the likelihood of either event is very low, the occurrence of both in such a short span of time dealt a massive blow to company and it's stock tumbled, until in August 2014 the government of the company's home country, which was the major stakeholder in the company until then, bought out the shares of the minority stakeholders, and pulled the stock off the market. What company?

Malaysian Airlines

SCORES

Infinite Rebound 2

16.

Connect these two individuals to a powerhouse hair products company owned by Procter and Gamble

Vidal Sassoon. The two people are David Sassoon and Arturo Vidal

17.William Randolph Hearst was an American newspaper publisher who built the nation's largest newspaper chain and whose methods profoundly influenced American journalism. Hearst entered the publishing business in 1887 after taking control of The San Francisco Examiner from his father. Moving to New York City, he acquired The New York Journal and engaged in a bitter circulation war with Joseph Pulitzer's New York World that led to the creation of yellow journalism—sensationalized stories of dubious veracity. He was twice elected as a Democrat to the U.S. House of Representatives, and ran unsuccessfully for Mayor of New York City in 1905 and 1909, for Governor of New York in 1906, and for Lieutenant Governor of New York in 1910. Nonetheless, through his newspapers and magazines, he exercised enormous political influence, and was famously blamed for pushing public opinion with his yellow journalism type of reporting leading the United States into a war with Spain in 1898.He inspired a very famous character in one of the most iconic films in history. Which movie?

Citizen Kane

18.

Born as Marcel Bloch, he was a Jewish-French industrialist, who invented a type of aircraft propeller used by the French army in World War 1 and founded the Société des Avions Marcel Bloch aircraft company. However after his company was nationalised in 1936 he formed X, which he named after the codename his brother Darius Bloch used in the war, a term which derives for the French word for battle tank. He later adopted this name as his surname, and converted to Roman Catholicism in 1950.This company has been in the news recently. Which company? And why is it in the news?

Dassault AviationIt recently signed a deal with India to supply it with 36 Rafale jets

19.The beginnings were humble - classic example of the enterprising Punjabi spirit. The founders Pahwa Brothers dreamt of giving the common man of this country an affordable means of mobility in those early days of our country’s independence. Excellent quality, economical price and ethical business dealings earned them instant acceptability. Holding these values close to their hearts they built the trust brick by brick.X is the only group anywhere in the world with full backward integration. They have facilities for making almost all the parts, including Steel Balls needed for their Bicycles. This places them a cut above the rest when we talk of quality born of work culture. They did not venture into Tyre and Tubes, these being in a different discipline, altogether. To meet their expanding requirement of raw materials, they added facilities for making Steel Strips, Steel Tubes and Hot Rolled Steel, achieving full backward integration, unmatched and unequalled anywhere else.This is taken from the website of what company?

Avon cycles

20.

Connect:

They all have “3” in their name.Mitsubishi- Three diamonds (Japanese)Samsung- Three stars (Korean/Hangul)Ertiga- Three rows (Indonesian)

21

___________ : A Life in Politics is the memoir of Senator Trent Lott, published in 2005. __________ is also the name of an album released in 1999 by Gaelic Storm. In business jargon, __________ is an idiom that refers to a frustrating attempt to control or organize a class of entities which are uncontrollable or chaotic. What two word idiom is this?

Herding cats

22.

X was originally developed by the Hartman brothers in Knoxville, Tennessee as a mixer for whiskey. They initially approached Coca-Cola who turned them down. X was later acquired by PepsiCo. who still owns the brand today. The origins of X as mixer for drinks is fairly obvious, considering that X is a slang for moonshine, which itself is a slang for homemade whiskey. It was called moonshine because during prohibition, it was made at night to hide the smoke from the distller. ID X.

Mountain Dew

23.

ID the brand which draws inspiration from the subject of this painting

24.

Phanindra Sama is an alumnus of BITS, Pilani and co-founder of Pilani SoftLabs, which he started after merely four years experience as a design engineer, in 2006. In 2013, he sold his stake in Pilani SoftLabs to the Ibibo group which is jointly owned by Naspers of South Africa and Tencent Group from China. What major product, endorsed by Shreyas Talpade, is Pilani SoftLabs known for?

Redbus

25.X was a German born American businessman. Originally from Kallstadt, Germany where they owned a vineyard, X moved to America in 1885, aboard the SS Elder. After he arrived in USA, he worked as a barber for six years in NYC before moving to Seattle. In Seattle he opened an establishment called Dairy Restaurant, which due to its location in the middle of Seattle's red light district, was described as "a hotbed of sex, booze and money and was the indisputable centre for action in Seattle". In 1894, X moved to the mining town of Monte Cristo, where he opened a similar establishment. He made his riches through similar enterprises, along with investing in mining activities during the Yukon gold rush. His family continued the business and is especially relevant today. ID X

Frederick Trump

26.

ID this construction company which saw its stock tumble by about 15% in a matter of a day.

IVRCL- the construction company responsible for the flyover accident in Kolkata

27.

When the Native Americans from Manhattan island crossed over to mainland New York, they signed a peace treaty with the local Dutch colonialists. The Dutch, however, broke the treaty within a few days and massacred the Native Americans. Fearing retribution/revenge from the surviving Native Americans, the Dutch fortified their area with palisades and ramparts.This is the story behind the naming of which landmark in the financial world?

Wall Street

28.

Being 400 years old, this company started by Armenian Avedis _________ is one of the oldest in the world. Avedis was an alchemist who walooking for a way to turn base metal into gold; he created an alloy combining tin, copper, and silver into a sheet of metal, which turned out to be the best possible material for a particular application, a product for which this company is still known for.The manufacturing process for this alloy has been a secret which has been passed on from one generation to another,currently in possesion of the 14th generation. Which company?

Zildjian

29.

In 2014, French economist Thomas Piketty published the English translation of a book he had completed in 2013. "Capital in the Twenty-First Century" became a best-seller with its discussions on income inequality being hotly debated by the business media.The book makes interesting references to characters from works of literature, using them to talk about incomes in various eras. One such example is the discussion about a fictional 19th century heroine who can only become well-off by marrying rich. From which author's book is this character taken?

Jane Austen’s Pride and Prejudice

30.

Arturo Di Modica is an Italian-American sculptor born in Vittoria, Sicily. He is most famous for his work, ________ in New York, which he installed at a cost of $360,000 of his money in 1989. In 2010 a similar work was installed in Shanghai, and in 2012, in Amsterdam as a mascot to rise up from the crisis. What is his most famous work?

Charging Bull outside NYSE