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Quiz on the different types of business organization structures and their characteristics.

• 1.

### Besides "Haunted Mansion", which Disneyland attraction was the last Walt Disney helped "imagineer"?

• A.

The Monorail

• B.

Great Moments With Mr. Lincoln

• C.

The Pirates Of The Caribbean

• D.

Cinderella Castle

C. The Pirates Of The Caribbean
Explanation
Walt Disney helped "imagineer" The Pirates of the Caribbean attraction. This is evident from his involvement in the design and development of the ride. The attraction opened in Disneyland in 1967, three years after Walt Disney's death. His vision and creativity played a significant role in bringing this popular and iconic ride to life.

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• 2.

### Which American city is the home base of operations for Delta Air Lines?

• A.

Los Angeles

• B.

Dallas

• C.

Chicago

• D.

Atlanta

D. Atlanta
Explanation
Delta Air Lines is based in Atlanta, Georgia. It is one of the largest airlines in the world and has its headquarters and main hub at Hartsfield-Jackson Atlanta International Airport. Atlanta serves as the primary base of operations for Delta, making it the correct answer to the question.

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• 3.

### If you think a stock's price will fall in the coming months, what option would you purchase?

• A.

Call Option

• B.

Put Option

• C.

European-Style Option

• D.

American-Style Option

B. Put Option
Explanation
If you think a stock's price will fall in the coming months, you would purchase a Put Option. A Put Option gives the holder the right, but not the obligation, to sell the underlying stock at a specified price (strike price) within a specific time period. By purchasing a Put Option, you can profit from a decrease in the stock's price as the option allows you to sell the stock at a higher strike price than its current market value.

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• 4.

### Which of these are not considered types of Kenpo?

• A.

Hawaiian

• B.

Chinese

• C.

American

• D.

All Are Considered Kenpo Systems

D. All Are Considered Kenpo Systems
Explanation
The correct answer is "All Are Considered Kenpo Systems." This means that all of the options listed - Hawaiian, Chinese, and American - are considered types of Kenpo. Kenpo is a martial art that originated in China and was later introduced to Hawaii and the United States. Therefore, all three options mentioned are valid types of Kenpo.

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• 5.

### What was the first automobile company to celebrate 100 years of business?

• A.

Oldsmobile

• B.

Toyota

• C.

Honda

• D.

Mazda

A. Oldsmobile
Explanation
Oldsmobile was the first automobile company to celebrate 100 years of business. This means that Oldsmobile was established 100 years before any other automobile company. It is important to note that Oldsmobile is no longer in operation, as it was phased out by General Motors in 2004. However, it holds the distinction of being the first automobile company to reach the milestone of 100 years in business.

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• 6.

### What does "UL" in a circle mean, when found on electrical equipment?

• A.

Unprotected Loopback

• B.

Underwriters Laboratory

• C.

Unlimited Liability

• D.

B. Underwriters Laboratory
Explanation
"UL" in a circle, when found on electrical equipment, stands for Underwriters Laboratory. Underwriters Laboratory is a globally recognized testing and certification organization that evaluates the safety and performance of various products, including electrical equipment. Their certification ensures that the product has undergone rigorous testing and meets the necessary safety standards, providing assurance to consumers and regulators.

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• 7.

### Who built his business on the basis of horizontal integration?

• A.

Cornelius Vanderbilt

• B.

J.P. Morgan

• C.

Andrew Carnegie

• D.

John D. Rockefeller

D. John D. Rockefeller
Explanation
John D. Rockefeller built his business on the basis of horizontal integration. Horizontal integration involves the acquisition or merger of companies that operate in the same industry or produce similar products. Rockefeller, as the founder of Standard Oil Company, used this strategy to dominate the oil industry by acquiring and consolidating various oil refineries and companies under his control. This allowed him to control a significant portion of the oil market and establish a monopoly, making him one of the wealthiest individuals in history.

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• 8.

### What hotel chain ran a commercial featuring a woman who admits she used to be a man?

• A.

Motel 6

• B.

Holiday Inn

• C.

• D.

Best Western

B. Holiday Inn
Explanation
The correct answer is Holiday Inn because they ran a commercial featuring a woman who admits she used to be a man.

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• 9.

### Which company is no longer part of the Dow Jones Industrial average?

• A.

IBM

• B.

Microsoft

• C.

General Electric

• D.

General Motors

D. General Motors
Explanation
General Motors is no longer part of the Dow Jones Industrial Average. The Dow Jones Industrial Average is a stock market index that measures the performance of 30 large publicly-owned companies in the United States. General Motors, a multinational automobile manufacturer, was removed from the index in 2009 during the financial crisis when it filed for bankruptcy. This decision was made by the index committee to reflect the changing landscape of the American economy and to ensure that the index accurately represents the overall market.

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• 10.

### Who was the founder and original designer of German weapons company Glock GmbH?

• A.

Gerald Glock

• B.

Gaston Glock

• C.

George Glock

• D.

Glock Franklin

B. Gaston Glock
Explanation
Gaston Glock is the correct answer because he is the founder and original designer of German weapons company Glock GmbH. He established the company in 1963 and is credited with inventing the famous Glock pistol, which revolutionized the firearms industry with its polymer frame and innovative design features. Gaston Glock's contributions to the company have made Glock GmbH one of the most successful and well-known firearms manufacturers in the world.

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• 11.

### In high finance, what is not a necessity to be completed during the 20-day cooling off period?

• A.

Preliminary Prospectus

• B.

Analyst Evaluation

• C.

Blue Sky Laws

• D.

Due Diligence Meeting

B. Analyst Evaluation
Explanation
During the 20-day cooling off period in high finance, an analyst evaluation is not a necessity to be completed. This period is a regulatory requirement that allows potential investors to review and assess the investment opportunity. The preliminary prospectus provides detailed information about the investment, while blue sky laws ensure compliance with state securities regulations. Due diligence meetings are conducted to gather additional information and assess the investment's viability. However, an analyst evaluation is not mandatory during this period and may be conducted at a later stage.

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• 12.

### Lee Iacocca started his career at which automaker?

• A.

General Motors

• B.

Studebaker

• C.

Ford

• D.

Chrysler

C. Ford
Explanation
Lee Iacocca started his career at Ford. This is evident from his notable achievements and contributions to the company, such as his role in the development of the Ford Mustang and his rise to become the president of Ford Motor Company. Additionally, Iacocca's tenure at Ford spanned from 1946 to 1978, further confirming his association with the automaker.

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• 13.

### What restaurant once had a sandwich named after Michael Jordan?

• A.

Hardee's

• B.

McDonald's

• C.

Denny's

• D.

Wendy's

B. McDonald's
Explanation
McDonald's once had a sandwich named after Michael Jordan. This is because McDonald's often collaborates with celebrities and athletes to create limited edition menu items. Michael Jordan, being a famous basketball player, had a sandwich named after him as a marketing strategy to attract customers and create buzz around the brand.

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• 14.

### How old was Bill Gates when he became a billionaire?

• A.

19

• B.

25

• C.

40

• D.

31

D. 31
Explanation
Bill Gates became a billionaire at the age of 31. This indicates that he achieved immense financial success relatively early in his life. It highlights his exceptional entrepreneurial skills and the rapid growth of Microsoft, the company he co-founded. Gates' success story serves as an inspiration to many aspiring entrepreneurs and showcases the potential for extraordinary achievement at a young age.

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• 15.

### Who is the world's largest manufacturer of commercial aircraft?

• A.

Airbus

• B.

Grumman

• C.

Boeing

• D.

McDonald Douglas

C. Boeing
Explanation
Boeing is the world's largest manufacturer of commercial aircraft. They have a long-standing reputation for producing high-quality airplanes and have a significant market share in the aviation industry. Boeing's extensive range of aircraft models, including the popular 737, 747, and 787, are widely used by airlines around the world. Their technological advancements, innovation, and strong customer relationships have contributed to their dominance in the commercial aircraft manufacturing sector.

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