Business Quiz

QUANTA’SBIZ QUIZ April 2016

QM: Sahil H.R.

The QM’s decision is final and binding.Top 5 teams will be selected on stage.Shouting out of answers when not asked, will incur strict action in the form of deduction of 50 points.

Enjoying the quiz is a must.Feedback about the quiz on any platform is always welcome.

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PRELIMS

*1. Identify the inventor of precooked soups.

2.Which soft-drink, launched first in 1929 was originally called “Bib-Label Lithiated Lemon-Lime Soda” ?Until 1950, it contained lithium citrate, which is a mood-stabilising drug.

3.Which company was established in April 1946 by an engineer, Tadao Kashio, whose first major product was the yubiwa pipe, a finger ring that would hold a cigarette, allowing the wearer to smoke the cigarette down to its nub while also leaving the wearer’s hands free? Japan was impoverished immediately following World War II, so cigarettes were valuable, and the invention was a success.

*4.In an early version of the company’s website, Palmer Luckey, who is one of the co-founders of the company, explained why he chose the name X:“ Why the name “X”? Because it is the Latin word for ‘eye’, and someone used the word in a meeting several months ago. I thought it was a nifty word, and was better than the alternative, ‘StepN2theGAME’ ”.Give me X.

5.Illuminati Films is an Indian motion picture production. Which famous Bollywood actor owns it?

6.Which brand name, born in 1929, stands for “durability, reliability and excellence”?

*7.

Give me the full form of ESPN.

8.How would you connect the following list:

Slumber, Ludwig, Perpetua, Juno, Sierra, Crema, Dogpatch and Kelvin ?

9. Identify the company from the old logos.

10.

*11.In 1824, John X, began selling tea, coffee and drinking chocolate in Birmingham, England.In 1847, John became a partner with his brother Benjamin and the company became known as “ X Brothers ”.The company’s most famous product was launched in 1905. It was a production of exceptional quality with a higher proportion of milk than its rivals. It was a great sales success and became the company’s best selling product by 1914.Give me X.

12.Which famous industrialist had the following four goals in life:1. Setting up an iron and steel company.2. A world class learning institution.3. A unique hotel.4. A hydro-electric plant ?Only one of the above goals became a reality during his lifetime.

ANSWERS

*1. Julius Maggi2. 7 Up3. Casio*4. Oculus VR5. Saif Ali Khan6. Durex*7. Entertainment and Sports Programming Network8. Instagram filters9. Samsung10. Collateral*11. Cadbury12. Jamsetji Tata

Round 1Shut up and Infinite bounce (clockwise)!Marking scheme: +10/0

1. Fill in the blank with two words.

ANSWER

1.

2.

Which word in the English language comes from the Old French word “bougette” , which means ‘leather bag’ ?

ANSWER

2.

BUDGET

3.Which company’s name stems from the colloquial name of books given to newly enrolled students at the start of the academic year by university administrations in the US with the intention of helping students to get to know each other better?

ANSWER

3.

4.Which term was coined in 1920 by 9-year-old Milton Sirotta, nephew of American mathematician Edward Kasner?Kasner popularised the concept in his 1940 book Mathematics and the Imagination.

A very famous company’s name comes from this term.

ANSWER

4.GOOGOL

Google’s name is an accidental misspelling of the word “googol” by the company’s founders.

5. Fill in the blank

ANSWER

5.

Round 2One Pounce Out!Direct on Infinite Bounce (anticlockwise): +10/0Pounce: +10/-10Only the first team can pounce on a question.Check your buzzers.

1.Freebie marketing, aka _____ and ______ business model, is a business model wherein one item is sold at a low price (or given away for free) in order to increase sales of a complementary good, such as supplies. For example, inkjet printers require ink cartridges and game consoles require accessories and software.Fill in the two blanks.

ANSWER

1.The razor and blade business model.

ORThe bait and hook business model.

It is widely credited to King Gillette, but he did not originate this model.

2.“One day I was in San Francisco in a coffee shop, and I was thinking X is a good name. And then a waitress came, and I said, “Do you know about X?” And she said yes. I said, “What do you know about?”, and she said, “Y(phrase)”. And I said, “Yes, this is the name!”. Then I went onto the street and found 30 people and asked them, “Do you know X?” People from India, people from Germany, people from Tokyo and China… they all knew about X. X – Y. X is a kind, smart business person, and he helped the village. So… easy to spell, and globally known. X Ys for small- to medium-sized companies.”This is the company X’s founder’s quote.Give me either the company name X or the phrase Y.

ANSWER

2.X- Alibaba

Y- Open Sesame

3.Identify the famous event that took place on January 9, 2007 from the following audio clip.

ANSWER

FIRST EVER PUBLIC CALL FROM AN I-PHONE

STEVE JOBS CALLED STARBUCKS IN SAN FRANCISCO

4.Which country’s name has been blanked out in this pic?

ANSWER

4.

5.When Z marketed one of their products in Mexico, its ads were supposed to say “It won’t leak in your pocket and embarrass you.” However, the company mistakenly thought that the Spanish word “embarazar” meant “to embarrass.”Finally, when translated, the ad read: “It won’t leak in your pocket and make you pregnant.”

Give me the company name Z.

ANSWER

5.

PARKER PENS

Round 3• Four play!• Long Lateral Connect with Four questions• Marking scheme for questions: +20/-10• Questions are on the buzzer.• Connect marks are shown after each question and answer needs to be written down.• Even if some team gets the connect in early stages, the remaining teams can still attempt at later stages in the round.

1.Which famous businessperson appeared at WWE’s WrestleMania 23 in a match called “The Battle of the Billionaires”?He was in the corner of Bobby Lashley, while Vince McMahon was in the corner of Lashley’s opponent Umaga.The stipulation of the match was hair versus hair, which meant that either him or McMahon would have their head shaved if their competitor lost.Lashley won the match, and he and the businessman shaved McMahon bald.

ANSWER

1.

DONALD TRUMP

CONNECT+40/ -30

1. Donald Trump

2.Golden Bakery was a shop located in Grant Road, Mumbai. It was located at a spot close to two cinema halls. The shop measured 10 by 4.5 feet. This was the family business of which Bollywood actor, who also sat at the shop and sold wafers at some point of time in his life?

ANSWER

2.

BOMAN IRANI

CONNECT+30/ -20

1. Donald Trump2. Boman Irani

3.Arthur Brooke was born at 6 George Street, Ashton-under-Lyne, Lancashire, England in 1845. He opened his first tea shop in the year 1869 at 23 Market Street, Manchester.

Which famous company was founded by him?

ANSWER

3.

BROOKE BOND

CONNECT+20/ -10

1. Donald Trump2. Boman Irani3.Brooke Bond

4.A geographical indication (GI) is a name or sign used on certain products which corresponds to a specific geographical location or origin (e.g. a town, region, or country).Petha (a dessert) manufactured in which city/town is covered by a GI label to certify their origin?

ANSWER

4.

AGRA

CONNECT+10/ 0

1. Donald Trump2. Boman Irani3. Brooke Bond

4. Agra

LATERAL CONNECT ANSWER

TAJ MAHAL

1. Donald Trump owns Taj Mahal Casino2. Boman Irani was a waiter at the Taj Mahal Hotel

3. Brooke Bond owns Taj Mahal brand of tea4. The Taj Mahal is located in Agra

Round 4Ex-choose me!All the teams will get one direct questionBefore the question is asked, the team which gets the direct question will choose the team to which they would want to pass the question (if they do not answer it, that is).

Direct: +20/-10Pass: +10/0

CHOOSE YOUR TEAM

1.What was founded on September 15, 2008 by Rahul Roushan as a blog?

On 31 May 2013, it was acquired by Network 18 led First Post.

ANSWER

1.

FAKING NEWS

CHOOSE YOUR TEAM

2.The name of the company X, comes from X Creek in Los Altos, California, which ran behind the houses of the company’s founders, John Warnock and Charles Geschke.X’s corporate logo was designed by the wife of John Warnock, Marva Warnock who is a graphic designer.Which company?

ANSWER

2.

ADOBE

CHOOSE YOUR TEAM

3.Robert Chesebrough was a chemist who invented a product that he trade-named as Y. The product was successful because he had firm belief in his product. To sell his product, Chesebrough would burn his skin with acid or an open flame in front of an audience, then he would spread Y on his injuries while demonstrating past injuries, healed, he claimed, by his miracle product. He also gave out free samples to create demand.Chesebrough had such a belief in Y that he claimed to have eaten a spoonful of it everyday.Give me Y.

ANSWER

3.

The product is Petroleum Jelly which was trade-named by him as

Vaseline.

CHOOSE YOUR TEAM

4.This product was first created by a German housewife Melitta Bentz on July 8, 1908. She wanted to remove the bitter taste caused by boiling loose grounds or using the typical method of linen to brew coffee.She experimented with various means, but ended up using blotting paper from her son Willi’s school exercise book and a brass pot perforated using a nail. Her product succeeded and she set up a business.Which product is being talked about?

ANSWER

4.

COFFEE FILTER

CHOOSE YOUR TEAM

5.William X came to New York in 1804 and obtained employment as an apprentice to a soap-boiler, and learned the business. At the close of his apprenticeship he was enabled, by correspondence with dealers in other cities, to establish himself in the business with some assurance of success. He established a starch, soap and candle business in Manhattan in 1806.In 1873, sixteen years after his death, the company started selling a product that is still in use today.Identify X, which is the name of the company too.

ANSWER

5.

Round 5Ab Buzz Bhi Karo !10 Questions.Default: +20/-20Step Up: +30/-30Step Down: +10/-10Stepping Up or Down can only be done BEFORE giving out the answer and AFTER buzzing.

1.According to marketing folklore, the X brand of scotch whisky was struggling to gain market share and its sales were low. Its owners doubled its price – without changing the whisky – and saw unit sales double. Consumers saw the increased price as evidence that this must be a quality brand.This effect is thus known as the X effect.

Give me X (two words).

ANSWER

1.

THE CHIVAS REGAL EFFECT

2.

2.The man on the left side is Dr. John Harvey X and that on the right is Will Keith X.Dr. X introduced a breakfast food in hopes that it would reduce masturbation. In fact, he devoted much of his energy to discouraging sexual activity of any kind, and was an especially ardent critic of masturbation, which he believed would cause “cancer of the womb, urinary diseases, nocturnal emissions, impotence, epilepsy, insanity and mental and physical debility” as well as “dimness of vision” and moral corruption. His belief was that bland foods, such as these, would decrease or prevent excitement or arousal.It was his brother Will who added sugar to this food and founded the famous X company.Name the breakfast food which was accidentally invented by the two brothers and became a huge success later.

ANSWER

2.

3.X-Y Limited is a renowned British company founded by Charles Stewart X and Sir Frederick Henry Y on 15 March 1906.The pic shown below is of a gentleman named Claude Goodman Johnson, who was a British businessman. He described himself as the hyphen in the name X-Y but, without Y who was ill and took his design staff home from 1908, and losing X in July 1910, it was Johnson, the founding entrepreneur who kept the business alive until his own death in April 1926.Give me X-Y.

ANSWER

3.

ROLLS-ROYCE

4.Sasha Chettri is from Dehradun. She completed her graduation in Xavier’s Institute of Communications (XIC), Mumbai.She had a dream of becoming a model right from childhood. She sent her profile to many advertising agencies. Ultimately, she became successful.By which name is she better known in the country?ORWith which company would you associate her?

ANSWER

4. Airtel 4G girl

5.This service began as “Foodiebay”, conceptualised in the cafeteria of Bain and Company. Customers would line up to look at the menus to order food during the lunch hour. Realising this took up a large amount of everyone’s time on a daily basis, Deepinder Goyal and Pankaj Chaddah decided to scan restaurant menus and upload it on an intranet website for Bain employees. The website saw a lot of traffic and was launched publicly in 2008. It began by listing restaurants in Delhi NCR, and quickly expanded to Kolkata and then Mumbai.In November 2010, what was Foodiebay renamed as?

ANSWER

5.

ZOMATO

6.Fearing that his film would fail, director X had made plans to be in Hawaii with his wife Marcia. Having forgotten that the film would open that day, he spent most of Wednesday in a sound studio in Los Angeles. When X went out for lunch with Marcia, they encountered a long line of people along the sidewalks leading to Mann’s Chinese Theatre, waiting to see the movie.The movie turned out to be a huge success at the box office. Today, it is regarded as one of the greatest films of all time, and is also considered by many to be one of the most important films in the history of motion pictures.Give me the name of the movie.

ANSWER

6.

7.Louis Réard was a mechanical engineer and a clothes designer from Paris. He introduced an apparel which he named as X. He named it after the island of X Atoll in the Pacific Ocean, where the testing on the atomic bomb was taking place. He hoped that his design would create an “explosive commercial and cultural reaction” similar to the explosion at X Atoll.To showcase his design to the public and the media, Réard hired Micheline Bernardini, a 19-year old nude dancer from the Casino de Paris. His design was introduced for the first time on July 5, 1946, in Paris by her. She received around 50,000 fan letters, many of them from men.Which apparel did he design?

ANSWER

7. BIKINI

8.Fredric John Baur was an American chemist and food storage technician notable for designing and patenting the packaging of a product X. He filed a patent for it in 1966 and it was granted in 1970.He was so proud of his achievement that he wanted to go to his grave with it. Some of Baur’s ashes were buried in a X container at his request. Baur’s children said they honoured his request to bury him in his invention by placing part of his cremated remains in a X container in his grave.What is X?

ANSWER

8.

9.J Corporation was founded in Washington state by John J as the John J Manufacturing Company, Inc., producing electrical metering equipment.John J was a friend and roommate of David Packard, future co-founder of Hewlett-Packard.J Corporation is currently a subsidiary of Danaher Corporation.All of us have heard/read the name J at a particular place.Give me J.

ANSWER

9.

FLUKE

10.Skipper Roberts was a doll created by Mattel in 1964 to be Barbie’s younger sister.In 1975, “Growing Up Skipper” was released. There was a controversy in the media back then regarding this doll.What was so controversial about this innocent-looking doll?(Pic on next slide)

10.

ANSWER

10.

If her arm was rotated, she would become an inch taller and breasts would

appear on her rubber torso.

THANK YOU!

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