Don’t miss the latest developments in business and finance.

Answers to last week's quiz (#356)

At the age of twelve, this person was refused a Coca-Cola when he wanted to buy one in a drugstore

Image
Strategist Team Mumbai
Last Updated : May 19 2014 | 12:02 AM IST
  1. At the age of twelve, this person was refused a Coca-Cola when he wanted to buy one in a drugstore. This incident inspired his lifetime pursuit of fighting racial prejudice. In the 70s, he joined the General Motors Board of Directors and became the first African-American on the board of a major corporation. In the late 70s, he developed a code of conduct for companies operating in South Africa called the _____ principles/code. Coca-Cola was one of them that followed it very religiously. Name the person and the code.

    Leon Howard Sullivan. It was called the Sullivan Principles. In 1977, Sullivan developed a code of conduct for companies operating in South Africa called the Sullivan Principles, as an alternative to complete disinvestment.
     
  2. What is common to the late Gabriel Garcia Marquez, Hollywood actress Julie Christie and film director Alan Parker, who directed Pink Floyd's musical The Wall and the famous Gene Hackman starrer Mississippi Burning?

    They all at some point in time in their career worked with JWT the advertising agency.
     
  3. As per traditional Islamic commercial law, what is the term used to describe an instrument of credit that is used for transfer of debt & novation?

    Hawala. This term now has gained notoriety and is known as an alternative or parallel remittance system that exists and operates outside of, or parallel to traditional banking or financial channels.
     
  4. The damage caused to buildings by the powerful gusty South Texas winds in a city called Corpus Christi actually kindled an innovative thought in the minds of Lew Hewitt and Dee Horton in 1954. What did they invent? It led to the establishment of a new industry altogether.

    The automatic sliding door.
     
  5. This 17th century masterpiece is the oldest book ever written on the stock exchange business that presents the history of speculation in stocks. It describes the workings of the Amsterdam stock exchange, the first stock exchange ever created in the world. In honour of the author, the Federation of European Securities Exchanges instituted an award in 2000. The award is given to young European researchers who distinguish themselves by outstanding research on the securities markets in Europe. Name the author and the book.

    Josseph de la Vega's masterpiece called "Confusions of Confusion." It was published in 1688. A Spanish-Portuguese Jew, he was a gifted and prolific writer, a merchant and an intellectual. Taking the form of a dialogue between a philosopher, a merchant and a shareholder, the masterpiece describes the workings of the world's first stock exchange, the Amsterdam stock exchange, and the pitfalls of speculation and trading in shares.
     
  6. Who has launched a new brand called Fabels?

    Fabindia. It is its new western wear line.
     
  7. Who has launched an online tool called Savings Catcher, which allows shoppers to compare prices on 80,000 food and household products to those of its competitors?

    Walmart.
     
  8. What is the name given to a North Korean government organisation dedicated to acquiring and laundering foreign currency for the North Korean leadership? It supposedly also owns and runs the popular North Korean restaurant chain Pyongyang's overseas branches.

    Room 39, also referred to as Bureau 39, Division 39, or Office 39.
     
  9. This company was founded in 1949. It's name is an acronym of the Latin phrase, which translates to "Healthy Soul in a Healthy Body". Name the company.

    ASICS, the Japanese sports footwear company. The name of the company is an acronym of the Latin phrase 'anima sana in corpore sano,' which translates to "Healthy Soul in a Healthy Body."
     
  10. This is one of the first logos that represented this 150-year-old organisation. The mighty owl was meant to represent wisdom, experience, judgement and knowledge.

    The Ad Agency J Walter Thompson. This was its first logo when it was established in 1864.

There were 30 correct entries for quiz No. 356. AS Anshuman from IIM Indore, Madhya Pradesh, wins Rs 2,000. The winner is chosen on the basis of the first correct entry received.

More From This Section

First Published: May 19 2014 | 12:02 AM IST

Next Story