Q 1. Which site has beaten Facebook in terms of number of photos being uploaded daily ?
Q 2. What was the brand of pesticide being manufactured by Union carbide at Bhopal 29 years ago which released the chemical MIC causing disaster ?
Q 3. Which is India’s largest accredited stem cell banking company ?
Q4.In E-commerce what are Black friday and Cyber Monday ?
Ans. Black Friday is the day before Thanksgiving when there are large discounts on products for which there serpentine queues at retail shops. Cyber Monday is the Monday after Thanksgiving day
Q 5. What is Amazon’s service for delivering within 30 minutes called ?
Ans. Prime Air ( Drone services)
Q 6. This MNC was brought to India by none other than Jawaharlal Nehru in 1951. It ruled the market with an 80 % market share for nearly 2 decades. It started facing charges that it was bringing in old machines and leasing to govt departments at exorbitant rates. In 1977, it refused dilution of its equity because of FERA and left India. It came back again in 1992 in a JV with Tatas. Today the company is on its own and is one of the largest MNC employers in India with over 100,000 employees. Name the co.
Q 7. In early ’90s which company had launched a potato chips brand called Binnie’s with the tagline ‘Humko Binnie’s Mangta’ ? The launch was very successful but the company could not keep up with the competition.
Ans. Jagatjit Industries Ltd.
Q 8. It was started by a journalist, social reformer, freedom fighter K.Nageswara Pantutu in 1893 in Mumbai. Even today Bombay is inscribed on its lid. This pain balm was popularised by distributing it free-of-cost in music concerts. Apart from shifting its HQ to Chennai nothing much has changed with the company. The company entered call centre and fruit drinks business, but it is still known for its pain balm. Name the company/brand.
Q9. As winter sets in, more and more people particularly in eastern parts of India would be looking for the familiar green tube of Boroline antiseptic cream. This cream is manufactured by a GD Pharmaceuticals Ltd , a company almost known for Boroline only. What does GD stand for ?
Ans. Gourmohan Dutta
Q 10. Which chemical co had introduced this brand Captain Cook in the ’90s ? This brand using free flowing salt as a USP gave a good fight to Tata salt. The brand was later acquired by HUL.
Ans. DCW Ltd
Q 11. In The upcoming Martin Scorcese film The Wolf of Wall Street which real life character is played by Leonardo Dicaprio ?
Ans. Jordan Belfort
Q 12. Name this historic paper company. It was set up in 1938 by the Hyderabad Nizam in a place which was named after paper in urdu. It changed hands a few times. Since 1994 it is run by the Poddars
Ans. Sirpur Paper Mills Ltd..
Q 13. Which country has been recently removed from the exclusive club which has AAA ratings from all the three rating agencies S & P, Moody’s and Fitch ? It has been downgraded by S & P.
Q 13. The Prestige Microchef Pressure cooker an innovation from Prestige sells well in Japan and in USA but it has flopped miserably in India. Why has it failed as analysed by the company ?
Ans. Indians do not wish to cook in plastic cookware
Q 14. Which Indian real estate group has acquired a property in London from Canadian high commission for property development ?
Ans. Lodha Group
Q 15.Which bureaucrat turned entrepreneur has authored the book ‘ DRIVEN’ which is being released shortly ?
Ans. Jagdish Khattar
Q 16. After Australia, which country has recently asked the cigarette mfrs to sell them in plain packs only ?
Ans. Great Britain
Q 17. Name this Indian brand of drinks from Hector Beverages available in four flavours Aamras, Jaljeera, Jamun Kala Khatta and Kokum.
Ans. Paper Boat
Q 18. What unique offer is being made by a restaurant named Abu Ghosh a Arab Israeli restaurant near Jerusalem ?
Ans. Discount of 50 % fro keeping the mobile phone switched off
Q 19. What important milestone has the price of Bitcoin crossed recently ?
Ans. 1000 $
Q 20. Which leading business house has decided to withdraw its application for a banking licence and RBI has accepted the same ?
Q21. In a surprising move, Samsung the world leader in Android phones has decided to throw its weight behind a new operating system. Name the operating system.
Q 22. Name the Indian American who will take over as the president of the global rating agency Standard and Poors.
Ans. Neeraj Sahai
Q 23. Amar Chitra Katha is launching a title on the life of Verghese Kurien on his 92nd anniversary. Where is it being launched ?
Ans. IRMA, Anand
Q 24. Identify this businesswoman and her company
Ans. Asha Gupta, Tupperware
Q 25. Name the Indian business group associated with these cos sometime or the other.
Q 26. This drink will soon be launched in India. It is being called a Foreign Made Indian Liquor. Why ?
Ans. The composition of Honey based alcoholic drink, Madhu Madya, is mentioned in Rig Veda…this brand Stakliskes happens to be from Lithuania and the parent company holds the patent for Honey based drinks..they are launching at India Intl trade fair in Delhi this coming December
Q 27. What is this character promoted by Kone called ?
- Compiled by G.Mohan Twitter handle @go_mohan
Q 1. Which popular TV programme has taken this path ? The year it was first introduced in a country. Brazil- 2007, Pakistan – 2008, India – 2011, Middle East -2012, Africa – 2013
Ans. Coke Studio
Q 2. Who will replace Mike Duke as the next CEO of Wal-Mart from February 2014 ?
Ans. Doug McMillon
Q 3. From the original S & P 500 index constructed in 1957, only original 68 companies remain. Which is the latest co to be booted out ?
Q4. Which brand of microwaves used Mallika e kitchen TV show to promote microwaves in India ?
Q5. Which Japanese group makes 90 % of all zippers produced in the world ?
Ans. Ykk group
Q6. What technological invention initially made for military use is being used by journalists to cover events such as the recent Haiyan hurricane in Philipines ?
Ans. Drones or Unarmed aerial vehicles. These vehicles are being launched with on board cameras which take pics of disaster sites or risky terrains
Q7. The world’s largest ship Prelude is under construction at a Shipyard in Korea. Where will it be deployed and what will it be used for ?
Ans. Off Australian coast for producing Liquefied natural Gas
Q8. With which Bollywood star would you associate fruitwash and juicy lip balm ?
Ans. Anushka Sharma
Q 10.It was invented by Fielding and Chavannes in Hawthorne, NJ in 1957. It’s initial application was to use as a wallpaper. Then it was used for greenhouse insulation. Both these applications failed. It’s current use was thought of by Frederick W Bowers and sold to IBM. It has since been used extensively. What are we talking about ?
Ans. Bubble Wrap
Q 11. With which state would you associate http://www.greatbackwaters.com?
Q 12. Who owns the company Buffalo networks pvt ltd, now in the news for a scandal ?
Ans. Tarun Tejpal and family
Q 13. What is the prize money which Magnus Carlsen received for winning the world Chess championship ?
Ans. Rs 9.9 crore
Q 14. Which Indian organisation has developed this distress alarm called NIRBHAYA ?
Ans. BARC developed it and ECIL will manufacture it.
Q 15. In organisation culture lingo, what is an ROWE ?
Ans. Results only work environment
Q 16. In the field of higher education, a govt of India programme is called RUSA. Expand RUSA
Ans. Rashtriya uchchatar shiiksha abhiyan i
Q 17. Name this Gujarat based co which uses nano tech to make moisture resistant roads which will have longer life. It is making border roads now.
Ans. Zydex Technologies
Q 18. Lakshminarayan Raghupathy of HLL Lifecare is one of the shortlisted scientists for the Bill and Melinda Gates Challenge to design a better condom. What wonder material he wants to use and why ?
Ans. Graphene. It is much thinner yet many times stronger than latex. It is also a better conductor of heat
Q 19. Which car manufacturer is planning to ensure timely payments by making it possible for the co to stop the car by remote control ?
Ans. Renault Electric cars
Q 20. He is disrupting many industries – Automobile, aeronautics and energy. This Paypal alumnus is known for his audacity and tenacity. He has been named as the Fortune businessperson of the year 2013. Identify him and his three companies.
Ans. Elon Musk
Q 21. How will the Tile app help its users ?
Ans. It has a small device which can be attached to any item like key or smart phone. It will help locate the misplaced or stolen items.
Q 22. Which once popular music player software will be shut down by AOL, come December 20th ?
Ans. WinAmp Music Player
Q 23. Who said “If corporate pregnancy is going to be consequence of corporate mating, the time to face that fact is before the moment of ecstasy?
Ans. Warren Buffett remark about risk of acquisitions
Q 24. Shantanu Khosla heads the three Procter and Gamble companies in India. P&G Hygiene and Health Care (which makes Whisper and Vicks), Procter & Gamble Home Products (Ariel and Tide) and ____. Name the third co.
Ans. Gillette India Ltd.
Q 25. Who is known as the father of Leasing in India ?
Ans. Farouk Irani of First Leasing of India Ltd.
Q 26. What unique item is taken as a collateral by the Credem Bank, Italy ?
Ans. Parmesan cheese. It takes two years for it to be ready for sale. To keep the cash flow of farmers smooth, the bank lends money against cheese.
- Compiled by G.Mohan Twitter go_mohan
The findings from the just concluded Visitor Survey for the blog are being presented below. 110 persons responded to the online survey.
- Majority of the visitors discovered the blog through Search Engines like Google (53 %).
- 41 % of the visitors visit the blog atleast once a week, nearly 31 % visit it daily.
- The popularity of the blog is somewhat recent with 52 % havingvisited for the first time in the last 6 months.
- An overwhelming 72 % of the visitors are interested in trivia of all kinds including business. Only 15 % said they were preparing for some competitive exams.
- The most popular categories of Q & A are related to
- 1. Business Personalities 2. Indian Brands 3. Logos and Advertising
- Legal Affairs is the least popular
- The average ratings on a 5 point scale were as follows with 5 being excellent and 1 being Poor
- Variety/Mix – 4.3
- Difficulty – 4.0
- Frequency of posts – 4.1
- Look and feel- 3.9
- Interactivity – 3.6
- There were many interesting suggestions to improve the Quiz Blog, some of the more frequently stated ones include
- More visual questions including logos
- More classical quiz questions
- Improving interactivity by concealing the answer
- Smartphone apps
- 51 % of the respondents are Employed. Followed by 22 % who are MBA students
- The 18-24 age group comprises 48 % and 25-34 age group comprises 29 % of the total respondents
- 97 % of the respondents are from India. 61 % of the visitors hail from the Top 8 Indian cities.
- The Top 3 places from where the respondents hail include
3. New Delhi
Thanks once again for responding to the survey. The feedback will be helpful in improving the content and design. – G.Mohan
Q 1. Who owns the following media properties ; Showtime, Smithsonian Channel, NFL.com , Jeopardy, 60 Minutes ?
Q 2. What is the most sought after private jet ? It has a sticker price of 65 Mn $ and is booked upto 2017.
Ans. GulfStream G650
Q 3. When Indra Nooyi was CFO at PepsiCo while making her official speech to introduce guest speaker Harry Belafonte what did she do ?
Ans. She started singing a Belafonte song where a number of employees also joined her.
Q 4. Which job offer did Indra Nooyi refuse to take up the offer from PepsiCo ?
Ans. Job offer from Jack Welch of GE
Q5. Besides being freedom fighters what is common to Jawaharlal Nehru, Sardar Patel, CR Das and Rajendra Prasad ?
Ans. Mayors of Indian cities
Q 6. Which telecom co in India has started using Auto drivers, milk and newspaper vendors for selling mobile recharge ?
Q7. Which popular site started life as a dating site called ‘Tune In Hook Up” but the site was abandoned after it did not generate interest ?
Q8. A study conducted last year estimated that nearly 40,000 active companies generating annual revenue of $ 2.7 Tn can trace their roots to ___ University. fill in the blank
Q 9. Who owns the iconic Flury’s cake shop in Park Street, Kolkata which is soon to go national ?
Ans. Priya Paul of Apeejay surrendra Group
Q 10. Connect Badminton, Wine and Portugal …
Ans. Cork is the national tree of Portugal. It is used in shuttlecoks and as wine stoppers
Q 11. INS Vikramaditya , the aircraft carrier has been inducted into Indian navy after a 5 yr delay. What was its Russian name ?
Ans. Earlier Baku, later Admiral Gorshkov
Q 12. Identify him. He was the hot shot financial analyst during the dot com boom He was banned from Wall Street. He now runs Business Insider.
Ans. Business Insider
Q 13. Which tech major has launched 3D BUILDER an app that will allow to do 3D printing from desktops easily ?
Q 14. Which auto brand known for doing research on safety features is under fire in India for its design flaws leading to accidents in India ?
Q 15.When Sachin is being hailed as God, which Indian industrialist has been hailed by Chidambaram being as big as Sachin ?
Ans. Ratan Tata
Q 16. Name this Marketing Guru who has said that Tata Nano is a positioning failure and has suggested that Tata Motors should kill it
Ans. Jack Trout
Q 17. Which Indian brand is the world’s fastest growing whisky (scotch) brand ?
Ans. Black Dog
Q 18. Where is the National Institute of Disaster Response coming up ?
Q 19. Which female lifestyle brand has been sold by Future Group for Rs 450 crore ?
- Compiled by G.Mohan Twitter handle @go_mohan
The Weekly Business Quiz just completed 4 years. With an average of 800+ hits everyday, the blog doubled its total hits in the last one year. A Big thanks to all the readers and the people who are receiving the email newsletters.
Q 1. What expression has been found to be universally used all across the world for someone feeling ‘confused’ ?
Q 2. Which online ticketing web site crashed due to heavy traffic for Sachin’ s last test match ?
Q 3. Kishore Biyani says ” If ___ has Beckham, we have Shikhar Dhawan. We are styling our campaigns on similar lines “. Fill the blank.
Ans. H & M.
Q4. He founded Blogger and sold it to Google. He co founded Twitter. Now he has a new platform for mid size writing called MEDIUM. Name him.
Ans. Evan Williams
Q5. ” Greatness has arrived. Will it be coming to you? ” is the tweet from Amazon for a much awaited product this holiday season. What is it ?
Ans. Sony PS4.
Q6. Swedish movies will have a new rating for which they have to go through the Bechdel test. What is it ?
Ans. Gender bias
Q7. Why is Apple making big investments in synthetic sapphire manufacturing and supply ?
Ans. Sapphire is stronger, more scratch proof and lighter than Gorilla glass, used in iphones and ipads
Q8. Which will be the first Bollywood film that will also be released in IMAX screens ?
Ans. Dhoom 3
Q9. Who will the first pop singer to perform from outer space sometime in 2015 on the Virgin Galactic spaceship ?
Ans. Lady Gaga
Q 10. Why is the stadium tickets for the ongoing Eden gardens test a collector’s item ?
Ans. Sachin’s photo and autograph
Q 11. RBI has recently said that it is possible for foreign banks to be treated nearly at par with national banks , if they become what ?
Ans, Wholly owned subsidiary
Q 12. In the context of social media, what is ‘astroturfing’ ?
Ans. An insider or a paid person posting as a neutral person
Q 13. Men like potato chips. Women like Chocolate. With these insights, which brand has come up with Chocolate Potato Chips ?
Ans. Lay’s Wavy
Q 14. Which channels belonging to Star network is being withdrawn in the mega relaunch of Star Sports ?
Ans. ESPN and Star Cricket
Q 15. What is the area in which fwd.us a lobbying group led by Mark Zuckerberg working on ?
Ans. It aims to lobby and advocate for its version of immigration reform, changes to the US education system to improve science and technology education, and the facilitation of scientific breakthroughs with broad public benefits.
Q 16. What unique service has been started by the upmarket underwear brand Dada ?
Ans. Underwear subscription service, which delivers fresh underwear every quarter
Q 17. Who is the author of the book ” The Descent of Air India ” ?
Ans. Jitendra Bhargava
Q 18. She was the largest selling Indian author in English before Chetan Bhagat. She is no more.RIP. Identify her.
Ans. Tarla Dalal
Q 19. The last of the Blockbuster outlets are shutting down. Who or what killed this once popular video rental service ?
Ans. Netflix which streams movies through Internet
Q 20. Water is essential for life, yet it is mostly free. Diamond has little practical use, but is dearer than life. What did Adam Smith call this anomaly ?
Ans. Paradox of value
- Compiled by G.Mohan Twitter handle @go_mohan
Q 1. Dogfilght a book by Fred Vogelstein is the story of the fight between which two companies ?
Ans. Apple and Google
Q 2. Which Indian destination has been ranked no 1 in places to visit in 2014 by Lonely planet ?
Q 3. Which major PC manufacturer has admitted that their laptops smell of cat pee ?
Q4. Agastya is one of the projects that has won the Google impact challenge award of US $ 500,000. What is it about ?
Ans. Mobile science laboratory which will be taken from school to school in motor cycles to show science experiments
Q 5. Which large oil and gas firm from Brazil has filed for bankruptcy protection ?
Ans. OGX ,
Q 6. If BAJATE RAHO is the tag line of RED FM, BACHATE RAHO is the tagline for which brand ?
Ans. Snap Deal Diwali Sale
Q 7. Unlike many foundations which continue after their founders die, Bill and Melinda Gates foundation will cease after some years. how many ?
Ans. Within 20 years of their death
Q 8. What lucky charm did NASA send to ISRO for succeeding in the Mars mission ?
Q 9. How have Google and Kitkat collaborated to create a programme to launch the latest version of Android i.e Android Kitkat in India ?
Ans. Nestle has offer on Kit Kat chocolates to give away 1000 Nexus 1000 tablets free
Q 10. The Economist magazine is citing the emergence of COURSMOS, MINDSY as alternatives to Coursera, edX etc . what service do these provide ?
Ans. Short video e-learning courses on mobiles
Q 11. Recent Changes in which regulations by FAA , federal Aviation authority is going to be welcomed by airline flyers ?
Ans. Allow use of smartphones in all phases of flight in airplane mode
Q 12. The father of IBM PC died on October 19, this year. He transformed computing and introduced collaboration in the industry. Name him.
Ans. William C.Lowe
Q 13. How did the Hyundai brand Santro get its name ?
Ans. Short of St Tropez , a resort in France where the brainstorming for India launch was held.
Q 14, For what violation has Infosys agreed to pay 34 Mn $ as fine in US ?
Ans. Abuse of visa. Infosys sent engineers on B-1 visa instead of H-1 B
Q 15 In which City has the first BITCOIN ATM became operational recently ?
Ans. Vancouver, Canada
Q 16. Why the candidates who appeared for CMAT in September 2013 need to worry after the recent Delhi High Court order ?
Ans. The exam has been made invalid by the High Court saying AICTE is not allowed to regulate MBA
Q 17. In 2009, one American airline brand got mauled on social media, for breaking guitars. It became a Harvard case study. Name the airline.
Ans. United Airlines
Q 18. Bank Aisa, Dost Jaisa is the tagline for which Bank ?
Ans. IDBI Bank
Q 19. What is spread betting ?
Ans, Betting is on the outcome of an event where pay-off is based on the accuracy of the wager.
Q 20. Which airline brand went viral in social media on 28th October after a blog post by Jay Harish Shah ?
Ans. Air France
Q 21, Which proud Australian 125 year old dairy company is in the midst of a takeover battle with offers from Canadian and Japanese firms bids ?
Ans. Warrnambool Cheese and Butter
Q 22. The company began its journey in 1790 when two companies Breen & co and Butterfly & co merged. This large engineering company went through bad times and was nationalised in the 1970s and put under BBUNL. it was privatised in 2003 and sold to Ruias for Rs 18 crore. It now has sought permission to close down. Name this historic co.
Ans. Jessop and Co.
Q 23. Which Public sector major has supplied over 700 steel wheels for the various temple chariots in Tamil Nadu ?
Ans. BHEL, Trichy
Q 24. In Economics, what is ‘The Hotel California Effect’ ? What is the source of this phrase ?
Ans. The hotel California effect is low entry barrier and high exit barrier. It comes from the line, you can enter any time but you can never leave. This is practised by social networking sites to lock in their users. It can be used by countries in their FDI policies too.
Q25. India Today mag has a story which says that Indian infra story is crippled by the ‘J VIRUS’. What or make up the J Virus ?
Ans. Jayanti Natarajan, Jairam Ramesh, SriPrakash Jaiswal and CP Joshi - all ministers
- Compiled by G.Mohan Twitter handle @go_mohan
Q 1. Low Growth + High Inflation, a situation India in currently is referred to as Stagflation. Who used this phrase first ?
Ans. Ian MacLeod in 1965 in a speech to British Parliament
Q 2. Which is the first NBA team to have a Hindi web-site ? Clue : Think which NBA team is owned by an Indian
Ans. Sacramento Kings owned by Vivek Ranadive
Q 3. Identify the co. This Redwood city, Cali. based co uses artificial intelligence and big data to serve automated ads. It had a successful IPO
Ans. Rocket fuel
Q 4. What service is provided by Head Held High Foundation ?
Ans. Skill development for villagers incl village BPO
Q 5. Which jewellery brand has broken new ground by portraying the main model is going for a remarriage?
Q 6. HT Media, the media arm of Birla Group has launched a B-School in Gurgaon. Name it .
Ans. Bridge School of Management
Q7. As per Forbes, which dead celebrity had the maximum earnings last year ?
Ans. Michael Jackson
Q8. City Adrift by Naresh Fernandes is a short biography of which Indian City ?
Q9. After the Du Plessis ball tampering controversy what essential requirement in trousers has been asked to be removed from cricketer’s trousers by ICC by 2015 ?
Q10. After sourcing ketchup for the last 40 years from Heinz, McDonald’s has decided to look for new suppliers. Why ?
Ans. Heinz CEO was former CEO of Burger King
Q 11. As per Webster’s dictionary what do you call ‘an Indian clerk who writes in English’ ?
Q 12. What does the phrase ‘ Going postal’ mean and how did it originate ?
Ans. Going postal, in American English slang, means becoming extremely and uncontrollably angry, often to the point of violence, and usually in a workplace environment.The expression derives from a series of incidents from 1983 onward in which United States Postal Service(USPS) workers shot and killed managers, fellow workers, and members of the police or general public in acts of mass murder. Between 1986 and 1997, more than forty people were gunned down by spree killers in at least twenty incidents of workplace rage.
Q 13. Silly Putty is a 13 g piece of plastic clay inside an egg-shaped plastic container. Since 1950 300 mn eggs sold.Whose brand it is ?
Ans. Crayola LLC
Q 14. Under what name would Reliance in partnership with 2 sisters Food Group , UK launch fast food restaurant chain in India ?
Ans. Chicken came First
Q 15. Which UAE based travel portal will soon be launching its India operations ? Its claim to fame is it has Sachin as 7.5 % shareholder .Aila !
Q 16. In 2012, Adobe in a landmark move decided to scrap Performance review for its employees. With what did they replace it with ?
Ans. Replacing them with more instant and real-time feedback
Q 17. Which Economic Theorist had predicted the boom in US after the second world war using Econometrics ? He recd Nobel in 1980. He died recently.
Ans. Lawrence P. Klein
Q 18. Uberfacts says One in ten Europeans were conceived in ____ beds. Fill in the brand.
Q 19. Which group has launched a English General Entertainment Channel titled ‘Romedy Now’ ?
Ans. Times Television Network
Q 20. In keeping with the new Companies Act directive, who is the new lady board member to join the Wipro Board from 1 October 2013
Ans. Ireena Vittal
Q 21. With which IIM has mybskoool dot com tied up to launch an 100 day Free Online MBA ?
Ans. IIM Ranchi
Q22. With the change in editorial team at The Hindu, who is the new Editor in chief ?
Ans. N.Ravi and Malini Parthasarathy is the new editor
Q 23. What is the unique feature of the Karva chauth app brought out by Tanishq ?
Ans. Moon rise alarm and the screen becomes a chalni ( sieve)
Q 24. Pamela Ryckman in her book mentions Brazen Hussies, Power Bitches, Chicks in Charge , SLUTS or Successful Ladies Under Tremendous Stress as powerful networks . What does she calls these networks ?
Ans. Stiletto Networks
Q 25. Named after its founder who invented the industrial chemistry process to manufacture sodium carbonate, this Belgium HQed company was the largest multinational company before the First World War. Even after 150 years of its being founded the company is a major co in chemicals and plastics. Which co Is being talked about ?
Q 26. Naach re mayu ra, a non film song sung by Manna Dey marked the launch of a landmark service on Akashvani. Name the programme.
Ans. Vividh Bharati
Q 27. Situated at the heart of Kolkata, opposite the Presidency College, the Indian Coffee House was commissioned in 1942 by the Indian Coffee Board. Rechristened “Coffee House” in 1947, it emerged as the meeting place for the poets, artistes, literati and people from the world of art and culture. Why is this Coffee House in mourning ?
Ans. Manna Dey sang a popular song on Coffee House. Manna Dey died recently.
Q 28. Once upon a time, when American industry ruled the earth, business and Broadway had a baby. This mutant offspring, glimpsed only at conventions and sales meetings, was the ____ ____-Think Broadway show, except the audience is managers and salesmen, and the songs are about how great it is to be working at the company. Fill in the blanks with the phrase ( two words)
Ans. Industrial Musical
Q 29. In Economics, what is ‘The Hotel California Effect’ ? What is the source of this phrase ?
Ans. The hotel California effect is low entry barrier and high exit barrier. It comes from the line from the Eagles song The Hotel california ,” you can enter any time but you can never leave” . This is practised by social networking sites to lock in their users. It can be used by countries in their FDI policies too.
- Compiled by G.Mohan Twitter handle @go_mohan