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| By Cambronbill3

Cambronbill3

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Quizzes Created: 2735 | Total Attempts: 1,107,208

Questions: 15 | Attempts: 394 | Updated: Nov 16, 2023

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Questions and Answers

1.

Which 2 companies were downgraded by brokerages in September 2002?
- A.
  
  Yahoo And eBay
- B.
  
  Citigroup And Ford
- C.
  
  Gm And AOL
- D.
  
  Microsoft And Chrysler
Correct Answer
B. Citigroup And Ford

Explanation
In September 2002, brokerages downgraded Citigroup and Ford. This means that these two companies received negative assessments from brokerage firms, which could have resulted in a decrease in their stock ratings or recommendations. The reason for the downgrade could be due to various factors such as poor financial performance, negative market outlook, or specific issues within the companies themselves.

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2.

Glen Tilton is the CEO of which airline?
- A.
  
  Northwest
- B.
  
  Delta
- C.
  
  United
- D.
  
  Southwest
Correct Answer
C. United

Explanation
Glen Tilton is the CEO of United Airlines.

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3.

Who were Consolidated Freightway's biggest clients?
- A.
  
  Martha Stewart And Disney
- B.
  
  Home Depot And U.S. Postal Service
- C.
  
  Lowe's And Kmart
- D.
  
  AOL And Microsoft
Correct Answer
B. Home Depot And U.S. Postal Service

Explanation
Consolidated Freightway's biggest clients were Home Depot and the U.S. Postal Service. These two companies had a significant volume of freight that needed to be transported, making them important clients for Consolidated Freightway.

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4.

What online brokerage, founded in 1994, became one of Europe's largest?
- A.
  
  GEICO Direct
- B.
  
  Citigroup AG
- C.
  
  Commerce Bank Of Europe
- D.
  
  Comdirect Bank AG
Correct Answer
D. Comdirect Bank AG

Explanation
Comdirect Bank AG is the correct answer because it is an online brokerage that was founded in 1994 and has become one of Europe's largest. This suggests that the company has experienced significant growth and success in the online brokerage industry over the years.

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5.

At which bank does Wim Duisenberg serve as President?
- A.
  
  Eurpean Northern Bank
- B.
  
  European Central Bank
- C.
  
  Citibank
- D.
  
  Bank One England
Correct Answer
B. European Central Bank

Explanation
Wim Duisenberg serves as President at the European Central Bank.

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6.

Fujio Sugeno is the President of which Sony division?
- A.
  
  Manufacturing
- B.
  
  Silicon Chips
- C.
  
  Computers
- D.
  
  CD's
Correct Answer
A. Manufacturing

Explanation
Fujio Sugeno is the President of the Manufacturing division at Sony. This means that he is responsible for overseeing the production and manufacturing processes within the company. He is likely involved in managing the manufacturing facilities, ensuring efficient operations, and maintaining quality standards for Sony's products.

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7.

What was the billionth song sold by iTunes?
- A.
  
  You're Beautiful By James Blunt
- B.
  
  Grillz By Nelly
- C.
  
  Speed Of Sound By Coldplay
- D.
  
  Walk Away By Kelly Clarkson
Correct Answer
C. Speed Of Sound By Coldplay

Explanation
The billionth song sold by iTunes was "Speed Of Sound" by Coldplay.

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8.

Which brand was not in the top three most prestigious in the 2006 Luxury Brand Status Index?
- A.
  
  Hermes
- B.
  
  Bottega Veneta
- C.
  
  Armani
- D.
  
  Chanel
Correct Answer
D. Chanel

Explanation
Chanel was not among the top three most prestigious brands in the 2006 Luxury Brand Status Index.

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9.

When the original handheld monochrome Game Boy first came out in 1989 what did it sell for?
- A.
  
  399
- B.
  
  49
- C.
  
  299
- D.
  
  109
Correct Answer
D. 109

Explanation
In 1989, the original handheld monochrome Game Boy was sold for $109.

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10.

In 1996, Nintendo celebrated a milestone in the number of game cartridges sold with how many?
- A.
  
  One Billion
- B.
  
  One Hundred Billion
- C.
  
  One Trillion
- D.
  
  One Million
Correct Answer
A. One Billion

Explanation
In 1996, Nintendo celebrated a milestone in the number of game cartridges sold with One Billion. This indicates that Nintendo had sold a significant number of game cartridges up until that point.

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11.

How many shares of ImClone Systems stock did Martha Stewart sell?
- A.
  
  32,928 Shares
- B.
  
  13,927 Shares
- C.
  
  3,928 Shares
- D.
  
  2,928 Shares
Correct Answer
C. 3,928 Shares

Explanation
Martha Stewart sold 3,928 shares of ImClone Systems stock.

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12.

American Airlines saved $40,000 in 1987 by doing what?
- A.
  
  Taking Olives Out Of Salad
- B.
  
  Removed Magazines
- C.
  
  Taking One Seat Out Of Each Row
- D.
  
  Removing Barf Bags
Correct Answer
A. Taking Olives Out Of Salad

Explanation
American Airlines saved $40,000 in 1987 by taking olives out of their salads. This cost-saving measure likely involved removing olives as an ingredient from the salads served to passengers. By eliminating this ingredient, American Airlines was able to reduce the cost of their in-flight meals, resulting in significant savings for the company.

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13.

What did drug companies Merck and Parke Davis cultivate in South America?
- A.
  
  Coffee Beans
- B.
  
  Poppy
- C.
  
  Coca Leaves
- D.
  
  Passion Fruit
Correct Answer
C. Coca Leaves

Explanation
Merck and Parke Davis cultivated coca leaves in South America. Coca leaves are the source of cocaine, a stimulant drug. These drug companies likely cultivated coca leaves for the extraction of cocaine, which is used in various pharmaceutical products. The cultivation of coca leaves in South America would have provided a steady supply of raw material for the production of cocaine-based medications.

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14.

What did Henri Nestle originally manufacture?
- A.
  
  Popcorn
- B.
  
  Chewing Tobacco
- C.
  
  Canned Juice
- D.
  
  Baby Food
Correct Answer
D. Baby Food

Explanation
Henri Nestle originally manufactured baby food.

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15.

What was the original name of Delta Airlines?
- A.
  
  Eastern Airlines
- B.
  
  Huff Daland Dusters
- C.
  
  Freemont Airlines
- D.
  
  Delta Dawn Airlines
Correct Answer
B. Huff Daland Dusters

Explanation
Huff Daland Dusters was the original name of Delta Airlines. This name was chosen because the company initially started as a crop-dusting operation in 1924. However, as the company expanded and began offering passenger services, the name was changed to Delta Air Service in 1928. Eventually, it became known as Delta Airlines, which is its current name.

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Test Your Business Knowledge

Which 2 companies were downgraded by brokerages in September 2002?

Glen Tilton is the CEO of which airline?

Who were Consolidated Freightway's biggest clients?

What online brokerage, founded in 1994, became one of Europe's largest?

At which bank does Wim Duisenberg serve as President?

Fujio Sugeno is the President of which Sony division?

What was the billionth song sold by iTunes?

Which brand was not in the top three most prestigious in the 2006 Luxury Brand Status Index?

When the original handheld monochrome Game Boy first came out in 1989 what did it sell for?

In 1996, Nintendo celebrated a milestone in the number of game cartridges sold with how many?

How many shares of ImClone Systems stock did Martha Stewart sell?

American Airlines saved $40,000 in 1987 by doing what?

What did drug companies Merck and Parke Davis cultivate in South America?

What did Henri Nestle originally manufacture?

What was the original name of Delta Airlines?