X quiz-it prelims-answers
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1. The document discusses various business, economic, and current event topics brought up in an online exam for IIM Raipur, including a cafe charging for time instead of coffee, Varun Berry replacing Vinita Bali as Britannia chief, identifying the "Hot Waitress Index", Quaker lending its name to a brand, identifying Khadi and the Indian flag, explaining what a mortgage is, identifying the Fevicol ad, and explaining the Robinhood Index. 2. Questions also cover identifying photobombing, connecting Whizkids to Ford, the ownership change of Columbia Pictures, the business model evolution of Amazon, companies involved in the Barclays acquisition of Lehman Brothers assets,
X quiz-it prelims-answers
- 1. IIM RAIPUR Online Prelims Answers – 18th Jan, 2014
- 2. IIM RAIPUR 1 • Why was this trending recently?
- 3. IIM RAIPUR 1 • Instead of charging for coffee, Slow Time Café In Wiesbaden, Germany is charging for time. • This particular business model has been trending recently across Europe.
- 4. IIM RAIPUR 2 • Identify, and why is he in the news recently?
- 5. IIM RAIPUR 2 • Varun Berry, likely to replace Vinita Bali as Britannia chief
- 6. IIM RAIPUR 3 • The __X__ __Y__ index is visually appealing index that measures the state of the economy by the attractiveness of a __Y__. Its based on the assumption that during a tough economy, more attractive people are lured to the __Y__ industry because of its ease of entry, somewhat lax working environment and the possibility of rapid expansion. The hands-on nature of the work doesn’t deter women mainly from this industry. This index comes into force as attractive women don’t find it hard to land jobs during better economic times. • Identify XY.
- 7. IIM RAIPUR 3 • Hot Waitress Index
- 8. IIM RAIPUR 4 • ___X___ or Friends, are members of a family of religious movements collectively known as the Religious Society of Friends. Friends' central doctrine is the priesthood of all believers, a doctrine derived from a verse in the New Testament, 1 Peter 2:9. Most __X__ view themselves as a Christian denomination. They include those with evangelical, holiness, liberal, and traditional conservative __X__ understandings of Christianity. • Some __X__ have founded banks and financial institutions including Barclays, Lloyds, and Friends Provident; manufacturing companies including Clarks, Cadbury, Rowntree, and Fry's; and philanthropic efforts, including abolition, prison reform, and social justice projects. • To which brand do they lend their name to?
- 10. IIM RAIPUR 5 • Fill in the two blanks.
- 11. IIM RAIPUR 5 • AIR INDIA; We treat you like cattle
- 12. IIM RAIPUR 6 • The image shows a species of flowering tree in the family Ebenaceae that is native to India and Sri Lanka and that has a hard, dry bark. What is the leaf of this tree used in making of?
- 14. IIM RAIPUR 7 • KKGSS was founded on November 1, 1957 by a group consisting of H. A. Pai, Anant Bhat, Jayadev Rao Kulkarni, B. J. Gokhale, Vasudev Rao and B. H. Inamdar who wanted to create a federation to cater to the need and growth of ___ and other village industries. Another aim of the federation was to provide employment opportunities to the rural youth in these sectors. • ID what product this company makes, of which it has the sole monopoly in India, and which also sees a spurt of sales mainly during one particular period?
- 16. IIM RAIPUR 8 • The word __X__ is a French Law term meaning "death contract", meaning that the pledge ends (dies) when either the obligation is fulfilled or the item under consideration is taken. • What familiar term is this?
- 18. IIM RAIPUR 9 • Identify the brand for which this ad was created.
- 20. IIM RAIPUR 10 • The ___X___ index, also known as the __Y__ index, is a measure of income metrics. It is equal to the portion of the total community income that would have to be redistributed (taken from the richer half of the population and given to the poorer half) for there to be income uniformity. • What is X, and after which popular character Y is it named after?
- 21. IIM RAIPUR 10 • X – Hoover/Schutz, Y - Robinhood
- 22. IIM RAIPUR __X__ award 11 •InternetAward is anannually for excellence on the presented by The International Academy of Digital Arts and Sciences. Categories include websites, interactive advertising, online film and video, and mobile. • Two winners are selected in each category, one by members of The International Academy of Digital Arts and Sciences, and one by the public who cast their votes during ____ People’s Voice voting. • The award is one of the older internet-oriented awards, and was once associated with the phrase "The Oscars of the Internet."
- 24. IIM RAIPUR 12 • X is the act of inserting oneself into the field of view of a photograph, often in order to play a practical joke on the photographer or the subjects and has received significant coverage since 2009.
- 27. IIM RAIPUR 13 • Whizkids – Ten US army air forces veterans of WW II who were recruited into Ford and later became executives.
- 28. IIM RAIPUR 14 • Identify the sequence and the company related to it. Also name its famous movie mugol founder
- 29. IIM RAIPUR 14 • The sequence is the change in ownership of Columbia pictures – from a privately held company it was bought by Sony and then merged with Tristar pictures and finally owned by Sony Pictures Entertainment. The latest Columbia Pictures logo is shown in the last image. • Columbia Pictures was created by Harry Cohn, the last of the movie mogols
- 30. IIM RAIPUR 15 • • • • • X, initially, in the mid 90s started wit the business model of “sell all, carry few” As its business grew the business model changed to “sell all, carry more” In 2006 it started the famous “Fulfillment by X” program. Currently its business model is to deliver on the same day (for US) Identify X
- 32. IIM RAIPUR 16 • At the height of the financial crisis, X was about to take over the dying Y. • Z too was interested in the deal, but eventually ended up buying a company with the logo given below. • After the crisis X resurrected the deal and took over of Y’s investment banking and capital markets businesses. • Identify X,Y and Z
- 33. IIM RAIPUR 16 • X – Barclays • Y – Lehman Brothers • Z – Bank of America
- 35. IIM RAIPUR 17 • Lucent, AIG and Xerox were involved in accounting scandals
- 36. IIM RAIPUR 18 • The concept was introduced in a 2008. After reaching all-time highs in first quarter of 2013, X tumbled. Almost seven months later, its dollar exchange rate is about to reach $500. What are we talking about?
- 37. IIM RAIPUR 18 • Bitcoin (distributed peer to peer digital currency).
- 38. IIM RAIPUR 19 • A recent policy change caused the company’s stock to soar. Which company, and what was the change?
- 39. IIM RAIPUR 19 • Goodbaby International Holdings; relaxation of China’s One Child Policy.
- 40. IIM RAIPUR 20 • Connect the companies with the numbers given.
- 41. IIM RAIPUR 20 • The number 1 fortune 500 companies from 1955 till now: • Walmart – 9 years • Exxon – 13 years • General Motors – 37 years