Business Quiz #1

1. What was the first major source of revenue generation for the East India Company in India in the early 1830's? (Clue: A famous place in Andhra Pradesh)
Ans: The hundi collection from the abode of Lord Venkateswara temple in Tirupathi.

2. In retailing, what term connotes the loss loss suffered due to shoplifting, mispricing, or wastage?
Ans: Shrinkage

3. According to Jack Trout, what is considered as the `ultimate competitive starategy?'
Ans: Benchmarking

4. Which product from ITC means a `blessing' in some of the Indian languages?
Ans: Aashirwaad (atta)

5. Kids play an important role in purchasing products such as motorcycles, cars, TVs, etc. What do you call such ability of kids to influence the buying decisions of their parents?
Ans: Pester Power

6. Name India's largest non-corporate global brand.
Ans: Taj Mahal

7. What are `bum bum' policies in insurance business?
Ans: Policies that cover the rear ends of celebrities. Such policies are very popular in Brazil.

8. In HR jargon, what is the term given to employees who are no longer considered to be productive to the company they work for?
Ans: Deadwood

9. In marketing slang, who is a `tyrekicker'?
Ans: A prospective customer who demands a lot of attention and gathers a lot of information buts ends up buying nothing

10. If Mitsubishi means `three diamonds' in the Japanese, which Japanese company is named after the Japanese word for `three water wells?'
Ans: Mitsui

11. Companies generally give away products such as T-shirts, pens, watches, and mugs to their employees with the company's logo or any other information printed on them. What is the name given to such products?
Ans: Missionware

Barbie Quiz

1.What's the full name of Barbie doll?
### Barbara Millicent Roberts

2. What inspired Ruth Handler create the Barbie doll?
### There are two answers to this question. I have given a point to all those who gave either of the following responses:

(a). Ruth Handler noticed her daughter playing with paper dolls and imagining them in grown-up roles. Since most dolls at the time were baby dolls, Ruth envisioned one that would inspire little girls to think about what they wanted to be when they grew up. Ruth created a teenage fashion model doll named Barbie (after her daughter), and the rest is history.

(b). In the mid 1950's, while visiting Switzerland, Ruth Handler purchased a German Lilli doll. Lilli was a shapely, pretty fashion doll first made in 1955. She was originally fashioned after a famous cartoon character in the West German Newsletter, Bild. Lilli was made of hard plastic with molded on shoes and earrings. She was available in 11 ½" or 7" in heights. Her hair was long and pulled back into a ponytail. There was a large wardrobe available for this doll. Ruth Drew inspiration from `Lilli', which was sold as a sex toy for men.

3. Who was Barbie doll's first pet?
### A horse called `Dancer'

4. What was Barbie doll's first car?
### A coral Austin Healey.

5. Name the first celebrity to become a Barbie doll?
### Twiggy. This was a tribute to the top British model, Twiggy, in 1966.

6. Which collection/series has the maximum number of Barbie dolls?
### Dolls of the World

7. What kind of a Barbie doll is a HTF?
### A doll, which is Hard To Find

8. What was the first career held by the Barbie doll?
### Fashion Designer

9. Which famous supermodel turned down an offer to have a modeled after her?
### Cindy Crawford

10. The Talking Barbie dolls made in Mexico in the 1970's had a defect when played with. What was it?
### The legs would fall off. Today, finding a Made in Mexico Barbie, with her original legs in good working order and that have not been glued on, fetches a good price.