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Teaching activity

Welcome to Business Economics Quiz (2018)

Geoff Riley

4th September 2018

Here are some general knowledge / business and economics questions - many related to the news flow during the summer months.

  1. Which country currently has the highest rate of price inflation in the world?
  2. Who am I?
    1. I currently occupy number one spot on Forbes’ Highest Paid DJ list
    2. I have partnered with notable artists like Frank Ocean, Ariana Grande and Rihanna for some memorable hits
    3. In 2018, I earned in excess of $48 million
  3. Which business am I?
    1. I am headquartered in Israel
    2. I am one of the largest beverage companies in the world
    3. I provides 1.5 billion liters of my product to millions of homes annually
    4. In the summer of 2018, I was acquired by Pepsi for £2.5 billion
  4. Which business am I?
    1. I was founded on August 29, 1997 in Scotts Valley, California
    2. Initially my company started as a small DVD-by-mail service in the USA only
    3. But in 2017 we passed 100 million subscribers globally and continue expand at a rapid pace
    4. Investment in original programming has helped cement out place as a global media platform business
  5. What am I?
    1. I was created in 2009 by Satoshi Nakamoto
    2. I try to enable quick and cheap online payments without the need to use traditional banking channels
    3. My price climbed past $4,000 for the first time in August 2017 but has been extremely volatile
  6. Which business am I?
    1. I was founded about 150 years ago and headquartered in Mumbai
    2. I am a conglomerate and have been successful across several industries
    3. My business comprises over 100 independent operating companies
    4. A few years ago I acquired Jaguar Land Rover (JLR)
  7. What am I?
    1. Over a million people have used me for at least three days in the last 12 months
    2. I can be found across the country but especially in areas of economic and social deprivation
    3. Delays in people receiving benefits and low income affect demand for my services
    4. I featured in a compelling scene in Ken Loach’s recent film “I Daniel Blake”
  8. Who wrote the original book behind the oscar-winning film The Big Short? (Michael Lewis)
  9. Who am I?
    1. I own the brands Donnay, Slazenger, Firetrap, Dunlop, Kangol and Lonsdale
    2. Most of my employees are on zero-hours contracts
    3. Ambulances have been called out to my premises 76 times in 2 years
    4. This summer my owner made a bid to buy the troubled high-street retailer House of Fraser
  10. Who am I?
    1. I was founded by entrepreneur Jack Ma
    2. I am the leading online commerce provider in China
    3. When by business “went public” it became one of the biggest initial public offerings in the history of the US stock market
  11. Who am I?
    1. Henry VIII established my business in 1516
    2. My main market was opened to full competition a few years ago
    3. I was partly privatised in 2013 and fully-privatised early in 2016
  12. Who am I?
    1. My currency is the dollar
    2. My economy has grown continuously for 27 years, we have avoided recession
    3. Many of my exports go to the Chinese economy
    4. My government has expressed interest in negotiating a free trade deal with the UK

Answers:

  1. Venezuela
  2. Calvin Harris
  3. SodaStream
  4. Netflix
  5. Bitcoin
  6. Tata Group
  7. A foodbank
  8. Michael Lewis
  9. Sports Direct
  10. Alibaba
  11. Royal Mail
  12. Australia

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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