Answers to last week's quiz (#342)

1. Name the thesis or postulate that supports the observation that shareholders in publicly held corporations do not really control the corporation by selecting the directors. Also name the persons who came up with this.
   The Berle Means thesis. It is named after lawyer Adolf Berle and economist Gardiner Means who wrote a book in 1932 that recognised this phenomenon
    
2. Which company has come out with a new brand of fragrances called Skinn?
   Titan Industries.
    
3. Name this company that originated in 1865 and is involved in global travel retailing. It is publicly listed in Switzerland and Brazil
   Dufry. One of the brands it owns is Hudson News & Cafe stores found in most Delhi
    
4. What is the name given to a collection of computer hackers who support the government of Syrian president Bashar al-Assad. Using denial of service attacks, defacement, and other methods, it mainly targets political opposition groups and western websites, including news organisations and human rights groups. Microsoft Corporation was a recent victim.
   Syrian Electronic Army.(SEA)
    
5. Which brand runs the UNHATE Foundation to contribute to the creation of a new culture against hate? The brand is built on this value.
   Benetton Group
    
6. What is the term that is used by an aircraft company for the Lean Manufacturing practice of dedicating non-production time and space to freewheeling problem solving?
   "Moonshining" is a Boeing name for the Lean Manufacturing practice of dedicating non-production time and space to freewheeling problem solving. Boeing practitioners dubbed it that, because, like a moonshine still (a name for a crudely made device used to make homemade liquor illegally), it takes place out of the limelight-and it uses available materials.
    
7. During the 1920s, spiraling costs of labour and transport threatened the existence of most of the group's companies. At one point both its founder's son and his wife pledged their personal assets to raise funds to keep one of the core companies in business. The husband shelled out £750,000 and his wife pledged her jewellery, which included the famous 245-carat Jubilee Diamond, one of the largest privately owned gems in the world. Name the couple and the business group.
   Sir Dorab Tata and Lady Meherbai Tata of the Tata group.
    
8. This confectionery brand that began in the late 1860s has flavours like dirt, vomit, grass and booger. It has recently introduced a draft beer flavour, inspired by a wheat beer. Name it.
   Jelly Belly from the The Jelly Belly Candy Company, formerly known as The Herman Goelitz Candy Company that was founded in 1869
    
9. Who is promising employees up to $150 a month in bonus pay if workers can outperform its three biggest rivals? It is calling this program Ops Olympics.
   American Airlines.
    
10. The first logo represents a business group, the second logo represents a constellation (in the southern sky, introduced in the 1750s) after which an investment firm is named. Identify both of them and mention the name of the company they jointly own.
    Indigo Airlines. The first logo represents the Rahul Bhatia-controlled InterGlobe Enterprises and the constellation Caelum is the name of the US-based Caelum Investment LLC, owned by a former chief executive of US Airways, Rakesh Gangwal. These two together hold 99 percent of the equity of the airline.

 

There were 15 all-correct entries for quiz No. 342. Saumay Gupta from Gandhinagar, Gujarat, wins Rs 2000. Winner was chosen by drawing lots.