People Quiz Answers

Date posted on: September 28, 2008


1. A graduate of the University of Missouri, this businessman started his retail career by opening several franchises of Ben Franklin five-and-dime stores in Arkansas. In 1962, he started what would become the largest U.S. retail store. Who was he?

Sam Walton

Walton opened the first Wal-Mart in 1962. By using the 'superstore' strategy, Wal-Mart became America's largest retailer in 1991, surpassing Sears.


2. What Harvard drop-out founded a software company in 1975 that would later revolutionize the computer industry?

Bill Gates

William Henry Gates III founded Microsoft in 1975 with Paul Allen. With the development of Windows, the company became a world powerhouse.

3. In 1901, two brothers formed two separate companies that would one day merge into one corporation. Their brand would eventually become the number 1 brand of apparel in the world. What is this family brand?

Hanes

J. Wesley Hanes formed Shamrock Mills Co. (Hanes Hosiery) and Pleasant Hanes formed P.H. Hanes Knitting Co. They were joined in 1965 as Hanes Corporation. Consolidated Foods Corporation (now Sara Lee) acquired Hanes in 1979. Hanes became the number 1 brand of apparel in 2000.

4. This individual was instrumental in the development of the American banking industry. He took over his father's firm in 1890, renamed it and built his empire and reputation on character first, business second. Who was he?

J. P. Morgan

J.P. took over the firm after his father died. Morgan became the symbol of Wall Street and helped restore confidence after the panic of 1907.

5. In 1992, this businessman became the youngest CEO on the Fortune 500 when his company joined the list. Who is this technology notable?

Michael Dell.

Michael Dell started Dell Computer Corporation with USD 1000 from his dorm room at the University of Texas at Austin.

6. Ranked among the top contributions in business history, this early 20th century industrialist developed a system of production that drastically lowered the cost of his product and help rush in the modern age of travel. Who was he?

Henry Ford

Though Ford did not invent the automobile, his assembly line method of production made it more affordable.

7. This aviation pioneer made his fortune in the timber industry and after succeeding in the aviation business and was a successful thoroughbred breeder. Who was he?

William Boeing

Under his guidance, a tiny airplane manufacturing company grew into a huge corporation of related industries.He lived until 1956, long enough to see the company he started enter the jet age.

8. This semi-pro baseball player turned financier formed a partnership with a soda fountain equipment businessman and started an investment bank with the philosophy of 'Bringing Wall Street to Main Street.' Who was he?

Charles M.errill

Merrill founded Charles E. Merrill and Co. in 1914. He had formed a friendship and later a partnership with Edmund Lynch while working in the office of a textile firm. After partnering, they changed the name to Merrill Lynch and Co. In 1941, Merrill Lynch was the first firm to publish an annual report.

9. This animator incorporated 'Laugh-O-Gram Films' which produced animations of 'Little Red Riding Hood', 'Jack and the Beanstalk' and 'Goldie Locks and the Three Bears' among others before later creating an animation icon. Who was he?

Walt Disney

Mickey Mouse made his debut in the 1928 film 'Steamboat Willie.' Walt Disney's first feature-length film was 'Snow White and the Seven Dwarfs' in 1938.

10. Harald --------, a tenth century Viking king who reigned from AD940 to AD985, is said to have unified Denmark. -------- is the industrial specification of wireless personal area networks. Fill up the spaces to complete the name.

Bluetooth

Harald Bluetooth was the Viking King who is credited with having unified Denmark.

11.South African radio channel Lotus FM's logo is based on the calligraphy of someone's 1924 letter. Who's this person?

Mahatma Gandhi

Lotus FM's logo is based on Gandhi's writing style. Lotus FM supposedly caters to the Indian community in South Africa.



12.         

Identify the person on right.

Shantanu Naraen

Shantanu Naraen is India born CEO of Adobe Inc.

13. This businessman moved from New York to San Francisco during the gold rush, not to pan for gold but to sell supplies to miners. In the ensuing years, he made his riveted 'waist overalls' famous. Who was he?

Levi Strauss

Jacob Davis, a tailor from Nevada, US actually started the riveting technique but lacked the funds for a patent. Davis and Strauss formed a partnership to produce the popular denim jeans in 1872.

14. With the slogan 'you push the button, we do the rest,' this businessman put his product in the hands of consumers for the first time. Who was he?

George Eastman

Eastman introduced a handheld camera in 1888. He was a pioneer in offering profit-sharing to his employees. He was also a generous donator, giving away over USD 100 million.

15. Which 37-year-old led the Tata Motors’ team that designed the Nano car?

Girish Wagh

Move to Business Quiz Home
Move to Quiz Home