Thomso 2017 Business Quiz

1. Quizzing, IIT Roorkee & Thomso, 2017
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The Donnie Azoff
Memorial
Business Quiz
Aditya Rathi & Renju Kokkatt

2. Mains.
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3. +15/-10 for pounce.
+10/0 for direct.
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4. 1.
X, the CEO of a company which focuses mostly on mobile software, launched a rather peculiar product, Y in the
recent past. Defending the decision to launch the product, X mentioned how their product outsold Apple’s first iPod.
Additionally, he said, “Our view is that hardware is going to be an important vehicle for delivering our customer
experience maybe in a decade,” X said at a conference earlier this month, according to TechCrunch. “But if we believe
it’s going to be important in a decade, we don’t want to be starting a decade from now.”
However, reports suggest that the company still has “hundreds of thousands” unsold units of Y.
Give us X and Y.

6. X= Evan Spiegel.
Y= Snap’s Spectacles.

7. 2.
On February 24th, 2017, Jeff Gerstmann of GiantBomb put a cartridge for the X-Y in his mouth during the site’s
Unprofessional Fridays’ stream. After putting it in his mouth, he made a grimace and took it out of his mouth.
After the show, he tweeted, “I put that Y cart in my mouth and I’m not sure what those things are made of but I
can still taste it. Do not try this at home.” Nevertheless, Gerstmann's strong reaction inspired other people to try
tasting Y cartridges, and various fans also discovered that the cartridges tasted terrible.
After media outlets began covering the cartridge tasting phenomenon, X issued a statement saying the cartridges
were indeed coated in a chemical. To avoid the possibility of accidental ingestion, keep the game card away from
young children. A bittering agent (Denatonium Benzoate) has also been applied to the game card. This bittering
agent is non-toxic."

9. Nintendo Switch

10. 3.
Almost all pen-caps have a hole at the top (as shown in the figure.)
What is the funda behind this addition?

12. To prevent suffocation, in case they
were swallowed

13. 4.
The _____ seam was the curved seam in the deck planking closest to the side of the ship
and next to the scupper gutters. If a sailor slipped on the deck, he could find himself in a
unique position and this lead to a popular phrase in English.
Which phrase?

15. Between the Devil and the Deep
Blue Sea

16. 5.
What is the name of the stock market index proposed by George
Taylor in 1926, a Wharton School of Business economist, who
famously said “when stock markets rise, so do women’s skirts”?

18. The Hemline Index

19. 6.
From early 1980s until the early 1990s, American Express was known for cutting its merchant fees to
restaurants if they accepted only American Express and no other credit or charge cards. This prompted
competitors such as Visa and MasterCard to cry foul for a while as the tactics “locked” restaurants into
American Express.
However, in 1991, several restaurants in Boston started accepting and encouraging the use of Visa and
MasterCard because of their far lower fees as compared to American Express’ fees at the time . The
revolt, known as the “______ ___ _____ ” in reference to a historic event which occurred in the same
area in 1773, quickly spread nationwide to over 250 restaurants across the United States, in other cities
such as New York City,Chicago, and Los Angeles. In response, American Express decided to reduce its
discount rate gradually to compete more effectively and add new merchants to its network such as
supermarkets and drugstores.

21. Boston ‘Fee’ Party

22. 7.
This term, originates from the chiseled horizontal marks that surveyors made
in stone structures, into which an angle-iron could be placed to form a _____ for
a leveling rod, thus ensuring that a leveling rod could be accurately
repositioned in the same place in the future. These marks were usually
indicated with a chiseled arrow below the horizontal line.

25. Benchmark

26. 8.
McMurdo’s population ranges from 250 to more than 1000. Like any small community, however,
commerce is crucial. Wells Fargo said the staff are trained to make simple repairs; more
importantly, there’s a second one that can be cannibalized for parts. “Every two years, both are
brought up to speed on the latest technology. The vendors chosen for that job undergo a
psychological exam and a physical.”
What are we talking about?

28. Only ATM in Antarctica

29. 9.
In 1943, Richard James was working as a naval mechanical engineer stationed
in Philadelphia. He was working with Xs that could support and stabilize
sensitive instruments aboard ships in rough seas. Once he accidentally
dropped a X from a shelf and observed its motion. The idea for Y struck him
then and he experimented with different types of Xs over the next year and
eventually perfected Y. The name Y (which means “sleek and graceful”) was
chosen by Richard’s wife Betty after she leafed through the dictionary and
thought that the word described the motion of an X.
Id Y for full points.

31. Y= Slinky

32. 10.
In his book Breaking Cover, Bill Gulley, wrote:
X is made by Zero Halliburton company and a leather covering put on
it. There are four things in the X. The Black Book containing the
retaliatory options, a book listing locations, a manila folder with eight
or ten pages stapled together giving a description of procedures, and
a three-by-five inch card. The Black Book was about 9 by 12 inches
and had 75 loose-leaf pages printed in black and red. The book with
site locations was about the same size as the Black Book, and was also
black. X?

34. Nuclear Football

35. 11.
Noko Jeans was a fashion company based in Sweden. When Noko Jeans launched the
sales of their first collection in December 2009, criticism was aimed at the brand
because of the sourcing of jeans. The founders of Noko Jeans defended themselves,
saying that they had been present at the factory during production and documented it
to guarantee that no child labor had been used, and that workers had working
conditions that were in compliance with international standards. The controversy
prompted the Swedish retail store PUB to withdraw the jeans from their shelves; the
PUB spokesperson stated that they did not want anything to do with politics.
Put funda!

37. It is the first and only foreign company to
import jeans from North Korea.

38. A X patent is one that the holder does not draw attention to, even when aware that it is
being infringed, in the hope that it will be possible to extract more money from
unwitting users of the patented idea when it becomes more widely used.
This strategy requires a patent system where, first, patent applications are not
published, and, second, patent term is measured from grant date, not from priority or
filing date. In the United States, patent applications filed before November 2000 were
not published and remained secret until they were granted. Analogous to a X,
therefore, X patents could stay "hidden" for long periods until they "emerged" and
surprised the relevant market.
12.

40. Submarine Patents

41. 13.
Funda.

44. 14. Get me X-Y.
Founded in 1761 near Nuremberg by cabinet maker Kaspar X, the
company has remained in the X family for eight generations.In 1900,
after the marriage of Kasper’s great grandson Lothar's granddaughter
with a cadet of the Counts of Y, the enterprise took the name of X-Y and a
new logo, combining the X motto, since 1761, with the "jousting knights"
of the Y's coat-of-arms.

47. 15.
Funda.

50. It’s not far out for this industry to be spreading its market
potential into the sex industry as well, given how closely related
these two industries can be. It’s also nice to see that the industry
is promoting a greater incentive for safe sex. It is probably a good
move knowing how much ____ like to get busy with each other!
These condoms come in green color meaning that the person
wearing it is going to be wearing something a little bit like an
alien costume. They are marketed with the name Canadom
16. Explain

52. Cannabis Condoms/ Weed Condoms

53. The death of the famous businessman, X, is quite
humorous. X died due to an injury which resulted
because of him kicking a lock safe. The office safe was
usually opened each morning by X's nephew, Lem
Motlow. One morning X came to work early before
anyone else had arrived. He had trouble with the
combination on the safe, grew frustrated and gave it a
hard kick. The blow broke X's big toe. An infection set
in and X eventually lost his leg and died of blood
poisoning from the injury.
Id this famous businessman X.
17.

55. Jack Daniel

56. Never before had any
employer offered this much
money for unskilled work. The
plan came with numerous
strings attached, including
rather intrusive company
investigations to insure that
workers would not spend
their money on riotous living
but workers accepted the
intrusion because the money
was so good
18.

59. 19. Video

61. Axl Rose, Warren Buffett

62. 20.

66. 21.

69. P.M. Moller, who was a deeply religious Christian, attached a blue banner
with a white seven pointed star on both sides of the black chimney on the
steamship Laura when his wife recovered from illness. In a letter to his
wife, P.M. Møller explained in October, "The little star on the chimney is
a memory of the night when I prayed for you and asked for a sign: If a star
would appear in the gray and cloudy sky, it would mean that the Lord
answers prayers." The same star later became the emblem of the X
Group. The largest company in its field, X has offices across 130
countries and around 88,000 employees
22.

72. X introduced the marketing slogan "57 pickle
Varieties" in 1896. He later claimed he was
inspired by an advertisement he saw while riding
an elevated train in New York City (a shoe store
boasting "21 styles"). The reason for "57" is
unclear. X said he chose "5" because it was his
lucky number and the number "7" was his wife's
lucky number.
23.

75. X is slang for a very volatile market; the name comes from the
movements of a/an X, where security prices continually go up and down.
The X has no distinguishing features of either an up or down market,
taking on characteristics of both. Security prices swing very high to low
over a given period of time, making it difficult for buy and hold investors
to profit. Nevertheless, for some investors Xs are fun to play with
24.

78. Written Round.
5 questions
5 points for each,
Bonus 10 points if all correct.
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84. Answers.

86. Lego Land

88. Old logo of Kodak.

90. Harley Davidson

94. Uber’s fake city for testing self
driven vehicles