Kriti business Quiz 2017

PRELIMS
 The Prelims contain 21 Questions, worth a total of 24 points.
 Each Question carries 1 point unless otherwise specified.
 Prelims score will be carried forward, multiplied by a factor of 5.
 Eight teams in the finals.
 Quizmaster’s decision is final, any discussions or confusions are cordially
welcome at the end of the Quiz.
 Googling is not allowed to be done by any of the teams, if found will lead to
straight disqualification at any stage in the Quiz.

1.
It is often mistaken that the iconic image of Apple logo, with the apple being
half eaten, is homage to X. The man responsible for the design has said that the
apple was bitten just to make sure people didn’t mistake it for a cherry.
According to Stephen Fry, although Steve Jobs also confirmed that it wasn’t an
intentional reference to X, he added “God, we wish it were.”

2.
‘I am backing X’ was a brief patriotic campaign, which flourished in early 1968
and was aimed at boosting the X economy. The campaign started spontaneously
when five Surbiton secretaries volunteered to work an extra half-hour each day
without pay to boost productivity and urged others to do the same.
The campaign's own T-shirts were made in Portugal. It has come to be regarded
as an iconic example of a failed attempt to transform X economic prospects.
At the conclusion of the film 'Carry On... Up the Khyber', made during the
summer and opening in November 1968, the raising of the country’s Flag with
the ‘I am backing X’ slogan is greeted by Peter Butterworth turning to camera
and saying "Of course, they're all raving mad, you know!"

4.
The X Slide of 1962, also known as the Flash Crash of 1962, is the term given to
the stock market decline from December 1961 to June 1962 during the
Presidential term of X. After the market experienced decades of growth since
the Wall Street Crash of 1929, the stock market peaked during the end of 1961
and plummeted during the first half of 1962.
X?

5.
"The Market for ______" is a 1970 paper, by the economist George Akerlof which
examines how the quality of goods traded in a market can degrade in the
presence of information asymmetry between buyers and sellers, leaving only
“______" behind.
A _____ is a vehicle (often new) that is found to have several manufacturing
defects which may affect the safety, value or use of the vehicle. Any vehicle with
numerous, severe issues can be termed a _____ and, by extension, so can any
product with flaws too great or severe to serve its purpose. The word's use to
describe a highly flawed item predates its use in describing cars and can be
traced back to the beginning of the 20th century as a British and American
slang.

6.
The X Principle, or the X Y Connection, in New York City, is a humorous but
generally historically accurate "economic law" proposed by native New Yorker
Eric M. Bram. He noted, as reported by The New York Times in 1980, that from
the early 1960s "the price of a X has matched, with uncanny precision, the cost
of a Y.
In 2005, and again in 2007, Haberman noted the price of a X was again rising,
and, citing the X Connection, worried that the Y fare might soon rise again. The
fare did indeed rise to $2.25 in June 2009, and again in 2013 to $2.50.
Other New York City news organizations occasionally confirm the ability of the
X Principle to predict increases in the cost of a Y fare in the city.
X ,Y?

8.
Music fans went nuts for N, and while many artists were also excited, others
pushed back. Metallica drummer Lars Ulrich was the most outspoken
opponent, and in April 2000, his band filed a lawsuit against N. It was the first
time an artist sued the service, and it helped usher in a profound reorganization
of the music industry.
N ? and what first of it’s kind service(at that time) did it provide?

9.
The company blog explains:
In Mandarin, X has two interesting meanings, each highly relevant to our
mission. The primary meaning interested us because it is used in an ancient CQe
proverb that describes the X as the holder of precious things. It literally
translates to "gourd", and in ancient times, the X was hollowed out and used to
hold precious things. The secondary meaning is "interactive recording". We saw
both definitions as appropriate bookends and highly relevant to the mission of X.
X?

10.
The guy sculptured here , was a
French explorer and adventurer in New France,
an area of North America that stretched from
present-day Eastern Canada in the north
to Xiana on the Gulf of Mexico in the south. In
1701, he founded Fort Pontchartrain du Détroit,
the future city of Detroit, which he commanded
until 1710. To which company X does he give his
name to?

11.
Charles Q was an American self-taught chemist
and manufacturing engineer who developed vulcanized rubber.
Q is credited with inventing the chemical process to create and
manufacture pliable, waterproof, moldable rubber. However,
the Mesoamericans used a more primitive stabilized rubber for
balls and other objects as early as 1600 BC.
Q's discovery of the vulcanization process followed five years of
searching for a more stable rubber and stumbling upon the
effectiveness of heating after Thomas Hancock. The Q
Company is named after him.
Q?

12.
On September 7, 2017 the New York-based airline JetBlue announced that it had
discounted the price of non-stop flights out of Florida to $99 including tax.
In addition to the destinations it serves in Florida, the $99 fares are applicable
for Charleston International and Savannah/Hilton Head International. The fare
cap will also cover select destinations in Haiti, the Turks and Caicos, the
Dominican Republic, Cuba, and the Bahamas.
Subject to availability, the $99 fares will be on sale through September 13.
What was the reason behind decreasing the fare?

13. X?
Larry Ellison, Ed Oates and Bob Miner worked on a consulting project, code-
named X, for the CIA. The project was designed to use the new SQL database
language from IBM. When the project was terminated, they decided to finish
what they started and market it. Later they changed the name of their company,
Relational Software Inc., to the name of the product.

15.
Official claims state that the name is derived from jahurto, an older form of
jogurto, the Esperanto word for "yogurt". However, it has also been claimed that
the name is derived from the fact that the product was developed from ancient
Mongolian practices of culturing ___'s milk in a sack made from a ___'s
stomach.
Which name?

16.
It was one of the first enzymes to be
discovered. It was discovered in 1836
by Theodor Schwann. Schwann coined its
name from the Greek word , meaning
digestion.
It is produced in the stomach and is one of the
main digestive enzymes in the digestive
systems of humans and many other animals,
where it helps digest the proteins in food.
Which company gets its name from this
enzyme?

17.
The X's Y index is an economic index that can supposedly detect the
beginnings of a recovery during an economic slump. The premise is that X's Y
are a necessity in normal economic times and sales remain stable. During a
severe downturn, demand for these goods changes as new purchases are
deferred. Hence, X's purchasing habits for Y(and that of their spouses on their
behalf) is thought to be a good indicator of discretionary
spending for consumption at large especially during turnaround periods.
This indicator is noted for being followed by former Federal Reserve
Chairman, Alan Greenspan.
X, Y?

18. WHICH DISCONTINUED
PRODUCT?

19.
In the mid-1880s, an Ayurvedic practitioner Dr. S.K. Burman concocted
medicines for diseases like cholera and malaria. He went on to set up X in 1884
to mass-produce his Ayurvedic formulations. His son, C.L. Burman, set up X's
first R&D unit. The current chairman, Dr. Anand Burman, and vice-chairman
Amit Burman, are part of the fifth generation of the Burman family. The
Burmans were among the first business families in India to separate ownership
from management when they handed over the management of the company to
professionals in 1998.
X?

20.
X isn’t exactly a poster-child for workers’ rights. Besides running sweatshops
in China and refusing to hire women, they’ve also been pegged with nearly 250
cases of hiring illegal workers to clean their stores, forcing them to work seven
days a week and locking them in the stores at night.
And then there’s the small matter of possible human trafficking. One of X’s
supply partners is the Phatthana Seafood Company, a shrimp processing plant
in Thailand. The workers paid recruitment agents large sums of money for the
opportunity to work, after which their passports were taken from them until
they had worked long enough to pay off the debt.
X?

21.
Identify this company whose ticker
symbol is RACE (Listed in NYSE on
October 21, 2015). The logo of this
company is ‘Cavallino Rampante‘.

PRELIMS WRITTEN ROUND +1 for each
+5 for full house

8. NAPSTER, FILE(MUSIC) SHARING

9.
The company blog explains:
In Mandarin, X has two interesting meanings, each highly relevant to our
mission. The primary meaning interested us because it is used in an ancient
Chinese proverb that describes the X as the holder of precious things. It literally
translates to "gourd", and in ancient times, the X was hollowed out and used to
hold precious things. The secondary meaning is "interactive recording". We saw
both definitions as appropriate bookends and highly relevant to the mission of X.
X?

10.
Antoine Laumet de la Mothe, sieur de X , was a
French explorer and adventurer in New France,
an area of North America that stretched from
present-day Eastern Canada in the north
to Xiana on the Gulf of Mexico in the south. In
1701, he founded Fort Pontchartrain du Détroit,
the future city of Detroit, which he commanded
until 1710. To which company X does he give his
name to?

16.
It was one of the first enzymes to be
discovered. It was discovered in 1836
by Theodor Schwann. Schwann coined its
name from a Greek word , meaning digestion.
It is produced in the stomach and is one of the
main digestive enzymes in the digestive
systems of humans and many other animals,
where it helps digest the proteins in food.
Which company gets its name from this
enzyme?

FINALS
ROUND 1 : 8 Questions Pounce Bounce
ROUND 2 : Guest Round
ROUND 4 : Audience Written Round

1.
Craigslist is an American website. Craig
Newmark began the service in 1995 in the San
Francisco Bay Area. It became a web-based service in
1996 and expanded into other __________ categories.
It started expanding to other U.S. cities in 2000, and
now covers 70 countries.
The site serves more than 20 billion page views per
month, putting it in 72nd place overall among
websites worldwide and 11th place overall among
websites in the United States (per Alexa.com on June
28, 2016).
What is this website a web based service of?

2.
The company's first product was Japan's first 5-horsepower induction motor,
initially developed for use in copper mining. Odaira's company soon became
the domestic leader in electric motors and electric power
industry infrastructure.
The company began as an in-house venture of Fusanosuke Kuhara's mining
company in ______, Ibaraki. Odaira moved headquarters to Tokyo in 1918. Long
before that, he coined the company’s toponymic name by superimposing
two kanji characters: __ meaning “sun” and ____ meaning “rise”. The young
company's national aspirations were conveyed by its original brand mark,
which evoked Japan's imperial rising sun flag.
Name this company.

3.
Nolan Bushnell, the founder considered various terms from the game Go,
eventually choosing V, referencing a position in the game when a group of
stones is imminently in danger of being taken by one's opponent.
The V logo was designed by George Opperman who was V's first in-house
graphic designer. The design is known as "Fuji" for its resemblance to the
Japanese mountain, although the design's origins are unrelated to it.

4.
As an immigrant hotel worker in Paris and later London, the company’s
young founder was impressed with the luxurious luggage he saw urbane guests
bring with them. Before leaving, he visited the manufacturer, H.J. Cave & Sons.
Upon returning to his birthplace of Florence, a city distinguished for high-
quality materials and skilled artisans, he established a shop in 1920 that sold
fine leather goods with classic styling. Although he organized his workrooms
for industrial methods of production, he maintained traditional aspects of
fabrication.
Which company’s early years are described above?

5.
The company was founded by Harold Humphreys, along with his brother
Wallace in a small workshop in Wilmslow, Cheshire, inspired by the growing
interest in football witnessed nationwide. The name X is a quasi-
portmanteau inspired by Humphrey’s Brother’s Clothing. X's kit debut was in
the 1934 FA Cup final, when both teams Manchester City and Portsmouth wore
kits designed and manufactured by the company. Other teams supplied by X
during the 1930s and 1940s were Sheffield United, Preston North
End, Manchester United and Blackpool.
X was the official sports manufacturer of the English FA Cup and official
sponsor of The FA, being the exclusive supplier of balls to the body's leagues.

6.
In 1744, the Virginia and Maryland coffee house in Threadneedle Street,
London, changed its name to Virginia and ______, to more accurately describe
the business interests of the merchants who gathered there. Today's ______
Exchange has its roots in a committee of merchants formed in 1823 to regulate
trading and formalize the exchange of securities on the premises, which by then
had moved to the Antwerp Tavern.
The ______ Dry Index (BDI) is an economic indicator issued daily by
the London-based ______ Exchange. Not restricted to ______ Sea countries, the
index provides "an assessment" of the price of moving the major raw materials
by sea.

7.
Financial dictionary of which word?
The act of breaking down a transaction into smaller transactions to avoid
regulation requirements or an investigation by the authorities. For example,
suppose a jurisdiction requires shareholders to register with Regulator if they
purchase more than 5% of a company's stock. A shareholder may _____ by
having dummy shareholders purchase smaller quantities of stock so that he
controls more than the statutory percentage but does not have to register.
_____ing is a crime in many jurisdictions.

8.
S Co., Inc. is a Japanese food and chemical corporation which
produces seasonings, cooking oils, TV dinners, sweeteners, amino acids,
and pharmaceuticals.
S (means essence of taste) is the trade name for the company’s
original monosodium glutamate (MSG) product.
S's main product, monosodium glutamate (MSG) seasoning, was first marketed
in Japan in 1909, having been discovered and patented by Kikunae Ikeda. He
found that the most important compound within seaweed broth for common
use was actually a glutamate salt, which he identified with the taste umami, a
word meaning 'pleasant taste' or 'savoriness'.
S?

An IIT Guwahati graduate with interest in
Finance - spent entire childhood
in Pithoragarh (Mini Kashmir for me at
least).
Ex-Dictator (2014-15) Quiz Club, IITG
Tryst with the Light side of the force -
I am a Cinephile , a TV Series freak and a
quizzer at heart - Basically all 'Geek' and latin
stuff.
Tryst with the Dark side of the force -
I can be extremely sarcastic sometimes and
being a quizzer , I tend to speak in references.
References motherfucker ! Do you speak it ?

“OUTSOURCED” ROUND
+10/0 for a direct answer. No bounce/pounce.
In case your team doesn’t know the answer, they can “outsource” the question to
other teams (strategically of course)
Your team can however outsource to only one team amongst the teams that
volunteer to answer. Choose wisely;)
If the outsourced team answers correctly, they get +15/0 and your team gets
+10/0.
No Negative Marking

1. In this scene from The Big Short (2015) – a movie based on a book about the
financial crisis of 2007 triggered by the United States housing bubble, Gomez
explains the concept of the "hot hand fallacy," a key behavioral feature that
drove the rise of synthetic collateralized debt obligations - one of the key
drivers of the US subprime mortgage crisis in 2007.
Who’s the gentleman assisting and sitting next to her?
Clue: He’s known for his contributions to behavioral economics via books such
as Nudge: Improving Decisions About Health, Wealth, and Happiness and
Misbehaving: The Making of Behavioral Economics.

2017 RECIPIENT OF THE NOBEL MEMORIAL
PRIZE IN ECONOMICS

2. CONNECT THE FOUR IMAGES. PUT FUNDA.

Cameron Winklevoss and Tyler
Winklevoss
In 2004, the Winklevoss brothers
sued Facebook founder Mark Zuckerberg.
They competed in the men's pair rowing
event at the 2008 Beijing Olympics.
In October 2015, Gemini, the twins'
Bitcoin exchange, received approval to
launch from the New York State
Department of Financial Services.
The man with id is Dorian Prentice
Satoshi Nakamoto, a Japanese American
man living in California, whose birth
name is Satoshi Nakamoto and who was

3. WHICH COMPANY AM I TALKING
ABOUT?
Founded by nothing less than a cultural icon, this company is one of the
early pioneers for fueling the idyllic concept of “American Dream.”
With its presence in three countries apart from US, it employs close to
200,000 people and generates revenue more than 50 billion USD.
It is also the Second Largest Purchaser of Explosives in U.S.

4. Filled with oversized sweatshirts, windbreakers,
and bright patterns, the catalog perfectly epitomizes
80s aura.
Which company, known for its cult following, came
up with this collection in the 80s?

5. Viacheslav Semenchuk, a Russian businessman under the age of 30 with already
more than 10 start-ups, launched a new cryptocurrency called BitCoen in September
2017. The currency is based on the value of US dollar. This cryptocurrency is made
specifically to be used by the _______ community.
BitCoen’s website describes it as the world’s first “X cryptocurrency”. The word
“Coen” is a common surname in the _______ community and in the Y language it
means “priest”. This cryptocurrency will be managed by a “Council of Six” made up
solely of _______ representatives.
The representatives will likely be prominent leaders in both public and private
sectors.
For what particular community has this cryptocurrency been invented?

6. WHOSE “IDENTITY CARD” WOULD CONTAIN ONE
OR MORE OF THE BELOW DETAILS?
Date of Birth: April 19, 2015
Father’s Name: David Hanson
Height: 1.17 feet
Citizenship: Saudi Arabia
Interests: Loves conversations, meeting new people, and building knowledge.
Last Public Appearance: IIT Bombay

7. WHAT SOBRIQUET, A REFERENCE TO A NUMERIC
FAIRY TALE, WAS ASSOCIATED WITH THE BELOW
COMPANIES IN THE MID 60S?
CLUE: NOTE THE POSITIONING OF IBM IN CENTER IS
INTENTIONAL

8. COMPLETE THE PASSAGE TO GET THE TITLE OF
BOOK BY LEGENDARY ENTREPRENEUR, INVESTOR
AND PAYPAL CO-FOUNDER PETER THIEL.
“Every moment in business happens only once.
The next Bill Gates will not build an operating system. The next Larry Page or
Sergey Brin won't make a search engine. And the next Mark Zuckerberg won't
create a social network. If you are copying these guys, you aren't learning from
them.
It's easier to copy a model than to make something new: doing what we already
know how to do takes the world from 1 to n, adding more of something familiar.
But every time we create something new, we go from _________.”

9.
The term ____ ______ was first used in reference to trades jobs in 1924, Alden,
Iowa newspaper. Manual workers are generally shown to be wearing ___ denim
or chambray shirts as part of their uniforms. Industrial and manual workers
often wear durable canvas or cotton clothing that may be soiled during the
course of their work. Navy and light ____ colors conceal potential dirt or grease
on the worker's clothing, helping him or her to appear cleaner. For the same
reason, ____ is a popular color for boiler suits which protect a worker's clothing.
Some ___ ______ workers have uniforms with the name of the business and/or
the individual's name embroidered or printed on it.
Which two word term?

10.
The origin of the name Z is unknown, but there are many hypotheses, including
derivations from a French word, meaning gold (as early packaging was gold), or
the Greek word meaning beautiful, nice or well done. Others believe that it was
named Z because it was short and easy to pronounce. Another theory is that the
name derives from the Latin Zdaphne a genus of the laurel family. In her
book Brave Tart, food writer Stella Parks notes that the original design of the Z
includes a laurel wreath, and several of Nabisco's products at the time had
botanically derived names including Avena, Lotus, and Helicon.
Z?

11.
W is a Danish company founded in 1873 on a harbour in Hellerup, an area
North of Copenhagen, Denmark . The famous W pilsner was brewed for the
first time in 1880.
The name W comes from Thues castle, a Copenhagen inn from the 1690s
situated in the area of the brewery. This evolved and was adopted into local
placenames, such as Lille W and Store W. A street in Copenhagen is named
after the site of the original W brewery.
W?

12.
Y is an American start-up technology company focused on the development of
intelligent electric vehicles. Y was established in April 2014 and is
headquartered in Los Angeles, California
Y is named for one of the founding principles of electric motor technology. The
company debuted its first concept vehicle, the single-seat sports car, FF ZERO1,
at the January 2016 Consumer Electronics Show but did not announce
production schedules.
Y?(two word term)

13.
Today, his moniker is most commonly associated with cake
mix, but P Q’ first claim to fame was for a pioneering
restaurant guidebook he published in the 1930s.
Q, who was dubbed America’s “eatery expert,” went on to
release updated versions of his guide along with other
books for travelers. He became famous for his high
standards and never accepted advertising or payment for
his reviews. As a result, “Recommended by P Q” signs were
coveted by lodges and restaurants. In the late 1940s, he
formed a business to license his name for a range of
culinary products.
P Q?

14.
Following his boss’ advice to create disposable items to increase the likelihood of
repeat customers, he helped develop a design for a disposable _____ _____. X
founded the American Safety _____ Company in 1901 and within a year was
selling more than 90,000 _____s and 12 million _____s annually.
He wrote a series of books to promote his ideas of vast utopia, which included a
plan to organize the world into one giant, publically owned corporation and the
creation of a vast metropolis, powered by Niagara Falls, that would be home to
60 million Americans.

15.
In 1835 a young X Y left his working-class village in the French countryside and
set off by foot for Paris, where he secured a position as an apprentice box-maker
and packer. By the the early 1850s, Y became the personal box-maker and packer
for Empress Eugenie, Napoleon III’s wife, and soon opened his own Parisian
packing workshop.
As his popularity continued to increase among the French elite, Y’s products
were knocked off by competitors. In an effort to combat this issue, four years
after Y’s 1892 death, his son Georges, who had taken over the business, designed
the distinctive, now-famous monogram.

16.
William _______ Jr. got his start hawking his father’s soap products on the
streets of Philadelphia. After moving to Chicago in 1891, _______ began offering
incentives to entice shopkeepers to carry his ware, including free cans of baking
powder with every order. When the baking powder proved more popular than
the soap, _______ began selling that instead, tossing in two packs of something
per order to sweeten the deal. The ‘something’ was such a hit that in 1893
_______ debuted two new brands of it of his own. Ever the savvy marketer, in
1915 _______ sent free samples of it to every American household listed in
phone books.
Who and what did he sell?

WRITTEN ROUND +10 for each
+80 for full house

17.
______ ____ & Company was founded by Arthur ______ who was born at 6 George
Street, Ashton-under-Lyne, Lancashire, England in 1845. He opened his first tea shop in
1869 at 23 Market Street, Manchester. Arthur ______ chose the name because it was his
____ to customers to provide a quality tea, hence ______ ____. The firm expanded into
wholesale tea sales in the 1870s.
In 1903, ______ ____ launched ___ _____(Y) in India.
The company opened a packing factory in Goulston Street, Stepney, London in 1911.
______ ____'s most famous brand is PG Tips, launched in 1930. By 1957, ______ ____
was probably the largest tea company in the world, with one third share of both the
British and Indian tea markets.
Blank and Y?

18.
Almost 30 years after its release, the plot for the movie was part of the
inspiration for new regulations on the financial markets. On March 3,
2010, Commodity Futures Trading Commission chief Gary Gensler stated, : "We
have recommended banning using misappropriated government information to
trade in the commodity markets. In the movie _______ ______, starring Eddie
Murphy, the Duke brothers intended to profit from trades in frozen
concentrated orange juice futures contracts using an illicitly obtained and not
yet public Department of Agriculture orange crop report.”
In Italy the movie has become a Christmas classic, being broadcast by Italian
television every year, from December 24, 1997. The storyline is often called a
modern take on Mark Twain's classic 19th-century novel The Prince and the
Pauper.
Name the movie which is also a common phrase.

19.
The term X comes from an Attic Greek word, meaning "working together". X,
which is defined as “the interaction or cooperation of two or more
organizations, substances, or other agents to produce a combined effect greater
than the sum of their separate effects.”
Term?

20.
X is a discontinued brand of digital
media products and services marketed
by Microsoft. X included a line of portable media
players, digital media player software
for Windows PCs. X music and devices were
follow-on to Microsoft's MSN Music service.
MSN Music was created in 2004 to compete
with Apple's iTunes services.
X?

21.
The __________ Company was created by a 19-year-old entrepreneur
named Thomas Lyle Williams in 1915. Williams noticed his older sister Mabel
applying a mixture of Vaseline and coal dust to her eyelashes to give them a
darker, fuller look. He adapted it with a chemistry set and produced a product
sold locally called something , by which it is NOT known today. Williams
renamed his eye beautifier __________ in honor of the sister who gave him the
idea.
In 1991, the company adopted its advertising slogan “_____(5) she's born with it.
_____(5) it's __________.”

23.
If Tesla is a bit on the nose for some, Elon
Musk’s latest venture, ___ ______ _______,
takes it to the logical extreme. A beautiful
double entendre that grabs the listener, it’s
also a little self-deprecating given the
company’s lofty ambitions to dig an
extensive tunnel system for high-speed
automobile travel. It is an infrastructure
and tunnel construction company founded
by him in late 2016 after he mentioned the
idea of making tunnels on
his Twitter account.
What is the company aptly named?

24.
The book, Brick by Red Brick: Ravi Mathai and the making of X, by finance and
accounting professor T T Ram Mohan traces X's roots beginning from when
Ravi J Mathai took over as the first director in 1965. Mathai was 38 then, and
had completed two years in academics (having worked in a business-house
previously) and had almost no formal managerial background. He was a
Bachelor of Arts, albeit from Oxford University.
The physicist Vikram Sarabhai and businessman Kasturbhai Lalbhai, played
pivotal roles in setting up X.
X?

CONGRATULATIONS TO THE
WINNERS!

In investment banking, while an M&A or funding deal is ongoing, it is referred
to by a codename. Common codenames could be Project Alpha, Project
Phoenix, Project Neptune, etc. Sometimes the code name has no direct
connection to the entities involved (which is the whole idea actually, in order to
keep all references secret), but sometimes there is a logic to the code name. In
Verizon Communication’s USD 4.4 bn takeover of AOL in 2015, the deal was
referred to as Project Hanks. In deference to what from the 1990s?

US imaging firm Eastman X on Tuesday announced its cryptocurrency XCoin,
following which its shares surged as much as 220%. It also announced a
blockchain-powered image rights platform XOne which creates a digital ledger
of rights ownership that people can use to register and license their work.
Which company?

For their 2002 Martin Luther King Day celebration, the Lauderville, FL
Chamber of Commerce invited actor James Earl Jones to appear as a featured
speaker. As thanks, they commissioned a plaque featuring African Americans
from the US Black Heritage postage stamp series. Too bad they went to local
promotions company AdPro Specialties, who subcontracted the job to Texas-
based Merit Industries. Merit faxed AdPro a list of 15 African American stamps
to choose from, and promised to handle all the details. Four days before the
celebration, AdPro received the Black Heritage plaque, and were stunned to see
that the plaque thanked not James Earl Jones, but James Earl Ray, Martin
Luther King’s ASSASSIN. Merit blamed its near-illiterate employees for
bungling a rush job, while AdPro repaired the plaque locally. When he heard
about the mix-up, Mr. Jones was supremely gracious and said “I think we have
much bigger things to worry about.”

Kriti business Quiz 2017

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