The Business Quiz

AMRITA SCHOOL OF BUSINESS, COIMBATOREPRAGATI 2016

December 03rd 2016

RULES OF THE GAME• 26 question Prelims• Top 6 teams into the finals• Inbuilt Tie Breakers. Look out for starred questions• Quiz master’s decisions will not be overturned on appeal• Any other rule the quiz master may come up with, when needed• No cheating; no electronic devices; phones on silent

1. In today’s date and time, this needs to be appreciated Mirakle Couriers was launched by Dhruv Lakra in 2010 and has two offices, one at Churchgate and one in Andheri in Mumbai. He has employed 70 employees who are extremely good at map-reading and remembering roads and buildings and who deliver more than 65,000 shipments a month. What is special about Mirakle Couriers?

1.

The employees are all hearing impaired

2. India strongly believes in doing things at the auspicious hour The BSE and NSE conducts a special session on the auspicious occasion of Diwali/Laxmi Puja for sometime. The Samvat 2073 trading was held between 6.30 pm - 7:30 pm on Sunday, October 30, 2016. BSE conducted the special session in equity derivatives, currency derivatives, equity and SLB segment while NSE conducted the same in currency derivatives, futures and options and capital market segment. What is this trading called?

2.

Muhurat Trading

3. A shiver ran through the Numismatic that day! Connect. Exhaustive. Repeats intentionalOnly specific answer gets points

MarkPoundLiraFrancEscudo

SchillingFrancGuilderMarkkaFrancPeseta

3.

The original Currencies Euro replaced in 1999/2002

4. Who else could it be? UK-based perfume brand Lush Cosmetics, a 20 year-old company that has more than 900 stores in the UK and 48 countries has launched "Smuggler Soul" perfumes, made using Indian sandalwood and oil. Whose image is on the cover?

4. Veerappan

*5. Honey, I’ve… A great example of incorporating a brand’s roots into their logo, the iconic logo has the Matterhorn Mountain and a bear nestled in the mountain. The name of the brand is a play on the Italian words for honey and almond nougat. The third distinctive feature, other than the special recipe and logo, has recently been changed, something that has turned out t be unpopular among fans. Even SNP MSP Colin Beattie brought the issue up in the Scottish Parliament. For full points, give me the brand and describe what has changed.

5.

Toblerone shrinkflation

6. Among other things, looks bad According to legend, X was supposed to be an island in the Atlantic Ocean. In 714, after the Muslim conquest of Spain, seven Visigothic bishops set sail westwards in the Atlantic and established seven settlements or cities on this island.The island is now considered merely mythic and not real. Its namesake, often seen as an ostentatious display of wealth and the costliest private residential property in the world, stands on a piece of land previously owned by the Currimbhoy Ebrahim Khoja Orphanage.What is X?

6. Antilla, Mukesh Ambani’s residence

7. One for the Man of the MomentAs rising wealth bolstered demands for branded homes in India, X seized on the trend and launched his X Y luxury apartments in Mumbai and Pune. The Mumbai project, a 75-storey building is being built by Mumbai’s Lodha Group on private lush-green parkland as part of Lodha’s ‘The Park’ project and is scheduled to be completed in 2018. X Y?

7. Trump Towers

8. Not all businesses are legit “In Black and White” is an 1888 book by Rudyard Kipling. The book is a collection of short stories, one of which is “On the City Wall”. The story begins with the following words, “Lalun is a member of the ___ ___ ___ in the world.” (blanks not indicative of size)Which popular misconception is said to have started here?

8. “Most Ancient Profession” – Prostitution

9. Iconic poster from which trade?

Charlestown, July 24th, 1769To be sold, on the twenty third day of August nextA Cargo of Ninety Four, Prime, Healthy_______Consisting of Thirty-Nine Men, Fifteen Boys, Twenty-Four Women, and Sixteen GirlsJust arrived, In the Brigantine Dembia, Francis Bare, Mafter, from Sierra Leone, byDavid and John Deas

9. Slave Trade

*10. What’s a history question doing here? The Dutch West Indies Company built the settlement of New Amsterdam on the mouth of Hudson River. In order to keep away the Native Americans, they built a wall around the settlement.New Amsterdam was captured by the British and renamed X. The remains of the wall are now paved on a street named Y.Give me X and Y.

10. X – New York; Y – Wall Street

11. Well, nobody is above board, but this… The Big Four accounting firms today are the following: Deloitte, Price Waterhouse Coopers, Ernst and Young, and KPMG.Earlier, they were a group called Big Five with Arthur Andersen being the fifth. Arthur Andersen was embroiled in a famous scandal that led to its end.It was the accounting and auditing firm for a company known for its phenomenal success before it was found that all the success was financial fraud. The scandal also had an India connection. Which scandal are we talking about?

11. Enron

12. The most hated man in AmericaMartin Shkreli, also known as "Pharma Bro", was chief executive of Turing Pharmaceuticals. What action of his in September 2015 gained international notoriety?

12.

He raised the price of a tablet of Daraprim(pyrimethamine) which is anti malarial and anti parasitic from $13.50 (£11) to $750 (factor 0f 56)

13. Don’t tell me they are both Gujaratis. Connect these two gentlemen.

13.

I G Patel and Urjit Patel;The two governors of RBI when demonetisation took place in independent India

14. It is about the American identityOn April 23, 1985, the 99-year-old American giant announced it was scrapping its original formula for a newer, sweeter version after taste test involving nearly 200,000 consumers. After being flooded with phone calls, 40,000 letters and reams of bad press, the company backtracked three months later, announcing the return of the classic product - news that TV anchor Peter Jennings interrupted General Hospital to bring to the United States. What was thus introduced and pulled back?

14.

New Coke

*15. You can’t afford to miss this one Hoveniersstraat Street in Antwerp is an important centre of trade of X. It was a business historically controlled by the Jewish population, but is now increasingly being dominated by Gujarati families, particularly the Palanpuri Jains. The attributed reason for the rise of the Gujaratis is the fact that it is fact that it is a labour intensive business and labour in India was a tenth that of Antwerp. Give me X.

15.

Diamond

16. What is this even called? In 1919, the Italian immigrant promised investors they could yield considerable profits by purchasing international reply coupons from other countries and then redeeming them in the U.S for postage stamps. To legitimize the scheme, he established the "Securities Exchange Company" based in Boston. A steady flow of new clients allowed him to pay existing investors, while pocketing millions of dollars himself. But soon enough, the scheme began to raise eyebrows, eventually collapsing and bringing six banks down with it. Collectively, his investors lost an estimated $20 million.What was the guy’s name?

16.

Charles Ponzi

17. That’s an interesting nameThe origins of X can be traced as far back as 1817, through the merger of several companies. Previously known as Mutuelles Unies / Drouot Group, the French company first started using X as its brand name in 1985. Through the years, it has gradually expanded worldwide. It entered North America in 1955, Central America in 1991, the Asia Pacific in 1995.Contrary to popular belief, X is not an acronym. The name ‘X’ was chosen as it was short and snappy, dynamic and vibrant, will be found near the top of alphabetical directories, and could be pronounced the same way in every language, which aligns with the company’s vision to be a global brand.Give me X

17.

AXA

18. The beginning of the end of an institution Shanti Prasad Jain acquired the group in the mid 1960s when he already had strong business interests in cement, jute and sugar and so the group was much lower down in his priorities. Samir Jain, his grandson joined as a junior executive in the family owned group in 1975. By 1982 Samir was vice-chairman and running the entire company. Samir spent the 1980s remaking the group into an innovative marketing company by connecting sellers of goods to this vast market of consumers. Which group am I talking about?

18.

BCCL (The Times of India Group)

19. You get the question down there, don’t you?The phrase was actually coined by American humorist Will Rogers, who mocked President Herbert Hoover’s Depression-era recovery efforts, saying that “money was all appropriated for the top in the hopes it would ______ ______ to the needy.”It was ‘adopted’ as policy by the Reagan administration and the idea represented by the phrase has continued to influence modern day economic policy.What phrase?

19.

Trickle Down Effect

*20. Dogs; they love their masters Francis Barraud was a Liverpudlian painter who had a brother named Mark. In the late 19th century, after Mark died, Francis inherited a bunch of his stuff: An early cylinder phonograph player, cylinder recordings of Mark's voice, and Mark's dog, a fox terrier named Nipper. Francis drew a real life scene, which he finally sold in 1899 to a company that changed its name around 8 years later to an iconic name. On 10 March 2010, a small road near to the dog's resting place in Kingston upon Thames was named Nipper Alley in commemoration of this resident.What is all this fuss about?

20. His Master’s Voice

21. They even used the national anthem to build the campaignPut Funda

21.

Bajaj V 15 used metal from INS Vikrant

22. Dabeli >Burger , any dayThe global giant X Corporation set up in the USA in 1954 which made its India entry in November 2014 got locked in a legal battle with X Restaurants Pvt. Ltd., which sells Pav Bhaji and Dabeli out of street carts and kiosks in Silvassa. The Indian company has been using the brand name X since 1996. The US Corporation claims to hold the rights to the trademark in India from 1979 but according to the Indian company the trademark had expired due to non-use. The US Corporation has faced a similar situation in Australia where they arrived in the 1970s where they ended up using the trade name Hungry Jack’s. What is X?

22.

Burger King

23. There is a market for anything in Capitalism, they say This graph indicates the market fluctuation in futures trade for a particular “commodity” between 2004 and now. What is being traded?

23.

Carbon Emissions

24. I don’t think the term is legitimate for a decade now Most sources say that the phrase was first used in the 1984 US Congressional hearing “Inquiry into Continental Illinois Corp. and Continental Illinois National Bank.” Other sources say that in 1984 Representative Stewart McKinney coined the term but we can be sure that he has a role in popularizing the term. The phrase was used as the name of an American television drama film first broadcast on HBO on May 23, 2011 based on Andrew Ross Sorkin's non-fiction book by the same name. What term?

24. Too Big To Fail

*25. They are all dead is not an acceptable answerDavid Millar of Meriden, N.H., succumbed to emphysema in 1987 at age 81.Wayne McLaren died of lung cancer in 1992 at age 51.David McLean died of lung cancer at in 1995 at age 73.Dick Hammer passed away from lung cancer in 1999 at age 69. Eric Lawson died of chronic obstructive pulmonary disease in 2014 at age 72.What connects these men?

25. Marlboro Men

26. Connect

26.

UCB UnHate Campaign

See you in the finals