Answers to the Strategist quiz (#422)

1. This person, now a billionaire, was during his working career an intern at the Bank of Nova Scotia in the 1990s. While working for the head of strategy of the bank, he was asked to study the bank's third world debt portfolio, which went by the name 'less-developed country debt.' He once made this statement: "Money is low bandwidth, you don't need some sort of big infrastructure improvement to do things with it, it's really just an entry in a database." Name the person.
   
   Elon Musk.
    
2. This NASDAQ listed company drew inspiration for its name from a term that was named by a mathematician's 9-year-old nephew way back in the 1920s. This happened while they were on a walk in New Jersey's Palisades Woods. Recently this company has decided to rename itself. The CEO said "We liked the name _____ because it means a collection of letters that represent language, one of humanity's most important innovations". Name the company.
   
   Google. It is creating a new holding company: Alphabet, Inc, which will replace Google as the publicly-traded entity and be the new parent entity to Google-a host of other brands.
    
3. Who is in talks with Foxconn to jointly manufacture iphones in India?
   
   The Adani Group.
    
4. Name the company, the three German carmakers - Audi, BMW and Daimler, have joined together to buy recently?
   
   Here, from Nokia. It was Nokia's digital mapping and locational intelligence company.
    
5. Name the person and the term coined by her to describe the modern day phenomenon of sharing your things with strangers who you have connected with online? It could be allowing someone to stay in the spare room in your house or share clothes or even time.
   
   Rachel Botsman coined the phrase "collaborative consumption," which is also referred to as 'sharing economy.'
    
6. This is a new bidding process to help private sector take initiative in core sector projects. It's an offer made by the original proponent to the government ensuring his process to be best, in terms of effectiveness including both the factors cost and time, by his initiative as a result of his own innovative approach or on the demand of the government to perform certain task. What is this public-private partnership model called?
   
   The Swiss Challenge.
    
7. Whose slogan is: "Its your space."
   
   Avis the car rental company.
    
8. Which company was the first one to introduce recurring deposits? Commercial banks started offering these in 1964 after it was introduced by this company.
   
   The Peerless Finance & Investment Company of India.
    
9. This country is a major world supplier of frankincense and myrrh. Its national flag was adopted in the 1950s on the basis of the blue and white flag of the United Nations, which was supervising its territory at that time. Name it.
   
   Somalia.
    
10. Identify the logo.
    
    
    Gucci, Kids.

There was no all correct entry for quiz No.422.