Are You A Genius In Business?

Approved & Edited by ProProfs Editorial Team

The editorial team at ProProfs Quizzes consists of a select group of subject experts, trivia writers, and quiz masters who have authored over 10,000 quizzes taken by more than 100 million users. This team includes our in-house seasoned quiz moderators and subject matter experts. Our editorial experts, spread across the world, are rigorously trained using our comprehensive guidelines to ensure that you receive the highest quality quizzes.

Learn about Our Editorial Process

| By Alfredhook3

Alfredhook3

Community Contributor

Quizzes Created: 3184 | Total Attempts: 2,143,821

Questions: 15 | Attempts: 235 | Updated: Mar 21, 2023

Questions

Settings

Create your own Quiz

A few questions about the third chapter from the igcse business studies book: forms of business organization

Questions and Answers

1.

Which soft drink was invented in 1886 in Atlanta?
- A.
  
  Dr Pepper
- B.
  
  Coca-Cola
- C.
  
  7UP
- D.
  
  Root Beer
Correct Answer
B. Coca-Cola

Explanation
Coca-Cola was invented in 1886 in Atlanta. It is a popular soft drink that was created by pharmacist John Pemberton. The drink's original formula included cocaine from coca leaves and caffeine from kola nuts, which gave it its stimulating and refreshing properties. Over the years, the formula has been modified, but Coca-Cola remains one of the most recognized and consumed beverages worldwide.

Rate this question:
2.

Which of these U.S. coins is largest?
- A.
  
  Quarter
- B.
  
  Nickel
- C.
  
  Dime
- D.
  
  Penny
Correct Answer
A. Quarter

Explanation
The quarter is the largest U.S. coin. It is larger than the nickel, dime, and penny. The quarter has a diameter of 0.955 inches (24.26 mm) and a thickness of 0.069 inches (1.75 mm). It is made of a cupronickel alloy, which gives it a silver appearance. The other options, nickel, dime, and penny, are smaller in size and made of different materials.

Rate this question:
3.

Which photography company filed for bankruptcy in January of 2012?
- A.
  
  Eastman Kodak
- B.
  
  Polaroid
- C.
  
  Fujifilm
- D.
  
  Konica
Correct Answer
A. Eastman Kodak

Explanation
Eastman Kodak filed for bankruptcy in January of 2012. This bankruptcy was primarily due to the company's failure to adapt to the digital photography revolution and the increasing popularity of smartphones with built-in cameras. Kodak, once a dominant player in the photography industry, struggled to compete with companies like Fujifilm and Polaroid that successfully transitioned to digital photography. This bankruptcy marked a significant decline for Eastman Kodak, which was once a household name in the photography world.

Rate this question:
4.

Which bank was fined over $400 million in 2012 following the Libor scandal?
- A.
  
  HSBC
- B.
  
  Citibank
- C.
  
  Barclays
- D.
  
  Wells Fargo
Correct Answer
C. Barclays

Explanation
Barclays was fined over $400 million in 2012 following the Libor scandal. The Libor scandal involved the manipulation of the London Interbank Offered Rate (Libor), which is a benchmark interest rate used globally. Barclays was found guilty of submitting false Libor rates to benefit their trading positions. As a result, they faced significant fines and reputational damage.

Rate this question:
5.

Who was #1 on Forbes' list of the world's billionaires in March of 2013?
- A.
  
  Carlos Slim Helu
- B.
  
  Bill Gates
- C.
  
  Amancio Ortega
- D.
  
  Warren Buffet
Correct Answer
A. Carlos Slim Helu

Explanation
Carlos Slim Helu was ranked as the number one billionaire on Forbes' list in March 2013. This indicates that he had the highest net worth among all the billionaires in the world at that time.

Rate this question:
6.

Which company filed a lawsuit against Oracle in 2011?
- A.
  
  Dell
- B.
  
  Hewlett-Packard
- C.
  
  Sony
- D.
  
  Fujitsu
Correct Answer
B. Hewlett-Packard

Explanation
In 2011, Hewlett-Packard filed a lawsuit against Oracle. This suggests that Hewlett-Packard had some legal dispute or grievance with Oracle during that time. The exact details of the lawsuit are not provided in the question, but it can be inferred that Hewlett-Packard felt the need to take legal action against Oracle for some reason.

Rate this question:
7.

Scott Thompson became CEO of which company in 2012?
- A.
  
  Facebook
- B.
  
  Wikipedia
- C.
  
  Google
- D.
  
  Yahoo
Correct Answer
D. Yahoo

Explanation
Scott Thompson became CEO of Yahoo in 2012.

Rate this question:
8.

Which company raised $671 million with its IPO in 2012?
- A.
  
  Apax Partners
- B.
  
  TPG Capital
- C.
  
  Cinven
- D.
  
  Carlyle Group
Correct Answer
D. Carlyle Group

Explanation
Carlyle Group is the correct answer because it raised $671 million through its Initial Public Offering (IPO) in 2012. An IPO is a process through which a private company offers its shares to the public for the first time, allowing it to raise capital by selling ownership stakes. In this case, Carlyle Group successfully raised a significant amount of money through its IPO in 2012.

Rate this question:
9.

Who became managing director of the International Monetary Fund in 2011?
- A.
  
  Francois Fillon
- B.
  
  John Lipsky
- C.
  
  Christian Jacob
- D.
  
  Christine Lagarde
Correct Answer
D. Christine Lagarde

Explanation
Christine Lagarde became the managing director of the International Monetary Fund in 2011. Lagarde, a French lawyer and politician, served as the Finance Minister of France before taking on the role at the IMF. She was the first woman to hold this position and played a crucial role in navigating the global financial crisis and implementing policies to stabilize the global economy. Lagarde's leadership and experience in the financial sector made her a suitable candidate for the position.

Rate this question:
10.

Which company was #2 in the world in market capitalization for all of 2012?
- A.
  
  IBM
- B.
  
  Microsoft
- C.
  
  ExxonMobil
- D.
  
  General Electric
Correct Answer
C. ExxonMobil

Explanation
ExxonMobil was the second largest company in terms of market capitalization in 2012. This means that it had the second highest total value of its outstanding shares in the stock market. This indicates that ExxonMobil was considered to be a highly valuable and successful company during that year.

Rate this question:
11.

Who began manufacturing the anti-tuberculosis drug Sirturo in 2012?
- A.
  
  Wyeth
- B.
  
  Biolex
- C.
  
  Eli Lilly
- D.
  
  Johnson & Johnson
Correct Answer
D. Johnson & Johnson

Explanation
In 2012, Johnson & Johnson began manufacturing the anti-tuberculosis drug Sirturo.

Rate this question:
12.

Which computer company launched a Patent Tracker in 2013?
- A.
  
  Apple
- B.
  
  Microsoft
- C.
  
  HP
- D.
  
  IBM
Correct Answer
B. Microsoft

Explanation
Microsoft launched a Patent Tracker in 2013. This tool allows users to search and track patents that have been filed by Microsoft. It provides information on the status, claims, and other details of the patents. This initiative by Microsoft aims to increase transparency and accessibility to their patent portfolio.

Rate this question:
13.

Which company owned GEICO, Dairy Queen, and Fruit of the Loom in 2012?
- A.
  
  XL Group
- B.
  
  Berkshire Hathaway
- C.
  
  The Hartford
- D.
  
  Liberty Mutual
Correct Answer
B. Berkshire Hathaway

Explanation
Berkshire Hathaway owned GEICO, Dairy Queen, and Fruit of the Loom in 2012. This conglomerate company, led by Warren Buffett, has a diverse portfolio of businesses in various industries. GEICO is an insurance company, Dairy Queen is a fast-food chain, and Fruit of the Loom is a clothing manufacturer. Berkshire Hathaway's ownership of these well-known brands demonstrates its strategy of investing in and acquiring companies across different sectors.

Rate this question:
14.

Which pharmaceutical company sold its Capsugel unit to KKR & Co. in 2011?
- A.
  
  Pfizer
- B.
  
  Titan
- C.
  
  Wyeth
- D.
  
  Smith, Kline & French
Correct Answer
A. Pfizer

Explanation
In 2011, Pfizer sold its Capsugel unit to KKR & Co. This indicates that Pfizer is the pharmaceutical company that made the sale.

Rate this question:
15.

Which insurance company sold its stake in AIA Group in 2011 to cover debts?
- A.
  
  Allianz
- B.
  
  AIG
- C.
  
  Aviva
- D.
  
  Allstate
Correct Answer
B. AIG

Explanation
In 2011, AIG sold its stake in AIA Group to cover its debts. This decision was made to generate funds and improve the financial stability of AIG. Selling the stake in AIA Group allowed AIG to raise capital and address its financial obligations, helping the company recover from its financial troubles.

Rate this question:

Are You A Genius In Business?

Which soft drink was invented in 1886 in Atlanta?

Which of these U.S. coins is largest?

Which photography company filed for bankruptcy in January of 2012?

Which bank was fined over $400 million in 2012 following the Libor scandal?

Who was #1 on Forbes' list of the world's billionaires in March of 2013?

Which company filed a lawsuit against Oracle in 2011?

Scott Thompson became CEO of which company in 2012?

Which company raised $671 million with its IPO in 2012?

Who became managing director of the International Monetary Fund in 2011?

Which company was #2 in the world in market capitalization for all of 2012?

Who began manufacturing the anti-tuberculosis drug Sirturo in 2012?

Which computer company launched a Patent Tracker in 2013?

Which company owned GEICO, Dairy Queen, and Fruit of the Loom in 2012?

Which pharmaceutical company sold its Capsugel unit to KKR & Co. in 2011?

Which insurance company sold its stake in AIA Group in 2011 to cover debts?