More Business quiz questions answers

1). He tried a variety of jobs before settling on being a milkshake-mixer salesman.
Hint 1) A visit to a small restaurant in San Bernardino, California, inspired him to establish a fast food chain that later became world-famous.
Hint 2) Quality, Service, Cleanliness, and Value were the four pillars on which he built his company.
 a) Col. H. Sanders
 b) Mac McDonald
 c) Ray Kroc
 d) Tom Monaghan
The correct answer is " Ray Kroc of McDonald's "
2). At the age of 13, he formed the Lakeside Programmers Group with some school friends.
 a) Larry Ellison
 b) Steve Jobs
 c) Ken Olsen
 d) Bill Gates
Ans. Bill Gates of Microsoft. His charitable foundation is called the Gates Foundation. "
3). In 1974, he took a job with Atari.
 a) Larry Ellison
 b) Steve Jobs
 c) Ken Olsen
 d) Bill Gates
Ans. Steve Jobs of Apple Computers. iPods are the digital music players and iTunes is the online music store
4). The name of the company he established, when he was only 17 years old, is made up of the first letters of his name, the first letter of the name of the farm he grew up on, and the first letter of the name of his home village.
Hint 1) He introduced flat-pack (self assembly) furniture in 1956, so that his customers could easily pack the furniture they purchased, into their cars.
 a) Terrence Conran
 b) Elton Mayo
 c) Ingvar Kamprad
 d) Ralph Lauren
Ans: Ingvar Kamprad of IKEA retail furniture chain. IKEA comprises of I(ngvar) K(amprad); E(lmtaryd) – name of his farm; A(gunnaryd)- name of his home village.)
5). At age of 27, he borrowed US$ 20,000 from his father-in-law and bought his first store in Newport, Arkansas.
Hint 1) He got a pilot license in 1953 and used to fly from one store to another to oversee the operations of his growing chain of retail stores.
Hint 2) In 1991, his company became the largest retailer in the US.
 a) Ben Franklin
 b) J C Penney
 c) Richard Warren Sears
 d) Sam Walton
The correct answer is " Sam Walton of Wal-Mart "
- Contributed by Vaibhav Agarwal