Business & Economics Flashcards
Which store chain, that sells (almost) all of its items for the same price, took over 99p Stores in 2015?
POUNDLAND
Founded in New York in 1853 by a German immigrant, which company has an 80% share of the high-end grand piano market?
STEINWAY (& SONS)
Abbey National became a wholly owned subsidiary of which Spanish banking group in 2004?
SANTANDER
Which businesswoman, human rights activist and environmental campaigner who died in 2007, founded The Body Shop in 1976?
ANITA RODDICK
Associated with the work of Milton Friedman, which economic doctrine stresses the importance of the money supply as an instrument of economic policy?
MONETARISM
Headquartered in Detroit, which company was the largest automobile manufacturer from 1931 to 2008?
GENERAL MOTORS
Which company was founded in 1949 by Adolf Dassler, following a family feud between him and his older brother Rudolf, who had earlier established Puma?
ADIDAS
Also the owner of Newcastle United, who founded Sports Direct and has an estimated net worth of $6 billion?
MIKE ASHLEY
Who founded Habitat in 1964 and was knighted in 1983?
TERENCE CONRAN
What type of scam involves a call centre using high-pressure sales tactics to sell penny stocks at inflated prices to investors?
BOILER ROOM SCAM
Which branch of economics studies individuals, households and firms’ behaviour in decision making and allocation of resources?
MICROECONOMICS
Who wrote Rogue Trader: How I Brought Down Barings Bank and Shook the Financial World which was made into a 1999 film starring Ewan mcgregor?
NICK LEESON
Named after the financier who founded the Royal Exchange in the City of London, which monetary principle states that “bad money drives out good”?
GRESHAM’S LAW
With the abbreviation HSI, which stock market index is the main indicator of the overall market performance in Hong Kong?
HANG SENG INDEX
Zopa is Europe’s largest service in which area of lending, where money is lent to individuals or businesses through online services that match lenders directly with borrowers?
PEER-TO-PEER LENDING (P2P)
Which company was bought by its rival Iceland in 1989, despite still being a success and being three times bigger than the Iceland chain?
BEJAM
Named after an Italian con artist, what type of scheme involves paying abnormally high returns to investors out of the money paid in by subsequent investors, rather than from net revenues generated by any real business?
PONZI SCHEME
Formed from stock exchanges in Belgium, France, the Netherlands and Portugal, and with headquarters in Amsterdam, which is the second-largest stock market in Europe?
EURONEXT
Which company owns brands including Mr Kipling, Ambrosia, Homepride cooking sauces, Sharwood’s, Loyd Grossman sauces, Oxo, Bisto and Batchelors?
PREMIER FOODS
Which Scottish banker founded the Bank of England in 1694?
WILLIAM PATERSON