Answers to the Strategist quiz (#403)

1. Name the founders of Mangala Bank? It is situated in northern India.
   
   The beggars, who have been depending for their survival on the money provided by Hindu devotees at the gate of Maa Manglagauri Mandir in Gaya town for years, came up with an idea of opening their own bank to gain financial security.
    
2. Connect Informix Corporation (1996), Sybase (1997), AOL (2002), Chiquita Brands International (2004), Lehman Brothers (2010) and Olympus Corporation (2011), and what do you arrive at?
   
   All accounting scandals in which Ernst & Young was linked to.
    
3. Sagmeister & Walsh, an advertising and branding agency, recently redesigned the logo and packaging for an Indian brand. This brand is undergoing its first change since it was launched in 1985. This change will help it move the brand away from a child-centric look/feel to a bold, contemporary one. Name it.
   
   Parle's Frooti.
    
4. What are Jibbitz and what is unique about them?
   
   In October 2006, Crocs purchased Jibbitz, a manufacturer of accessories that snap into the holes in Crocs shoes, for $10 million.
    
5. Inspired by the many watches placed on his wrist in movies over the years as a result of product placement deals, this famous Hollywood actor has come with his own collection of 50-plus luxury watches. He has partnered with Brazilian watchmaker to unveil his watches at the recent Baselworld exhibition. Name the actor.
   
   Arnold Schwarzenegger.
    
6. Name the product that has decided to mark eight decades of its existence by making the world vote cities which would be featured in the "World Edition" of its product to be released this autumn.
   
   The Parker Brothers Monopoly game that is now owned by Hasbro.
    
7. Which brand in the US has scaled back its "Race Together" campaign recently and why?
   
   Starbucks. Starbucks CEO Howard Schultz has faced intense criticism for asking his baristas to engage customers in a discussion about race in America. Baristas will no longer be required to write the slogan #racetogether on drink cups or try to engage customers on the topic of racism in the US.
    
8. Who is quoted to have said: "Strip Malls are History"?
   
   Jeff Bezos in the Forbes. A strip mall (also called a shopping plaza, shopping centre, or mini-mall) is an open-air shopping mall where the stores are arranged in a row, with a sidewalk in front. Strip malls are typically developed as a unit and have large parking lots in front.
    
9. With which brand would you associate the "Egg Soda Bottle"?
   
   Schweppes. By the early 1800s, Dr.Schweppes realised that traditional 'upright' bottles were unsuitable for storing carbonated beverages. So Schweppes introduced a range of round-bottom bottles with wire-bound corks. Known as 'egg sodas', these innovative bottles were designed to lie on their sides, thus, allowing the cork to stay continually damp and prevented the carbonation from easily escaping.
    
10. Whose new logo is this?
    
    
    Essel Propack. Dr. Subhash Chandra founded Essel in 1982. He is the chairman of Essel as well as other companies under the Essel Group that include the Zee Telvevision networks.

There were 10 correct entries for quiz No. 403. RP Prasad from Jharkhand wins Rs 2,000.