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Business News Quiz – September 2016

Business News Quiz

Questions

1. What is missing from the new Apple iPhone 7?

a) Headphone socket  b) Two lens camera  c) Stereo speakers  d) Charger port

2. Apple could be ordered to pay billions of euros in back taxes to which country by European Union competition officials, following a three-year probe into their tax affairs, which the EU has previously identified as illegal?

a) Luxembourg  b) Monaco  c) Belgium  d) Ireland

3. Snacks giant and owner of Cadburys and Mondelez International is abandoning its takeover bid for which company, after its $23bn (£18bn) offer was rejected?

a) Nestle  b) Mars  c) Hersheys  d) Haribo

4. The maker of the EpiPen will start selling a generic version in the wake of criticism about steep price increases. Epipens are used in emergencies for severe food and insect allergies and the cost of EpiPens in the US has risen by 500% in less than a decade. How much does the branded EpiPen cost?

a) $6  b) $60  c) $160  d) $600

5. Which retailer is planning to cut about 525 head office jobs as part of an estimated £30m in cost savings? New boss Steve Rowe is making the cuts amid pressure to improve results at the struggling retailer.

a) Next b) Marks and Spencer c) Morrisons d) Sports Direct

6. Which airline has apologised to customers after an IT glitch affected check-in desks? Some passengers were issued with a handwritten boarding pass after hours of delays.

a) Easyjet  b) British Airways  c) Ryanair  d) Virgin

7. Which airline has apologised after their in-flight magazine became embroiled in a race row. The magazine warned passengers to take “precautions” when visiting parts of London mainly populated by “Indians, Pakistanis and black people”.?

a) Lufthansa  b) El Al  c) Air China  d) Air Japan

8. The value of the pound jumped last week after a survey indicated the UK’s manufacturing sector rebounded sharply in August. What is the current £:$ exchange rate?

a) £1 = $2.03  b) £1 = $1.63  c) £1 =$1.33  d) £1 = $1.13

9. Which firm says it will now put a workers’ representative on its board after the retailer came under fire for the treatment of its staff? The move came hours after it said it would abolish zero-hours contracts for its directly employed, casual retail staff.

a) Sports Direct  b) Marks and Spencer  c) Tesco  d) Next

10. Who is recalling 2.5m of its flagship smartphone after admitting that battery problems were behind some phones catching fire.

a) Microsoft  b) Sony  c) Apple  d) Samsung

Score

    /10

Answers

1. What is missing from the new Apple iPhone 7?

a) Headphone socket

2. Apple could be ordered to pay billions of euros in back taxes to which country by European Union competition officials, following a three-year probe into their tax affairs, which the EU has previously identified as illegal?

d) Ireland

3. Snacks giant and owner of Cadburys and Mondelez International, is abandoning its takeover bid for which company after its $23bn (£18bn) offer was rejected?

c) Hersheys

4. The maker of the EpiPen will start selling a generic version of the product in the wake of criticism about steep price increases. Epipens are used in emergencies for severe food and insect allergies. The cost of EpiPens in the US has risen by 500% in less than a decade. How much does the branded EpiPen cost?

d) $600

5. Which retailer is planning to cut about 525 head office jobs as part of an estimated £30m in cost savings? New boss Steve Rowe is making the cuts amid pressure to improve results at the struggling retailer.

b) Marks and Spencer

6. Which airline has apologised to customers after an IT glitch affected check-in desks? Some passengers were issued with a handwritten boarding pass after hours of delays.

b) British Airways

7. Which airline has apologised after their in-flight magazine became embroiled in a race row. The magazine warned passengers to take “precautions” when visiting parts of London mainly populated by “Indians, Pakistanis and black people”?

c) Air China

8. The value of the pound jumped last week after a survey indicated the UK’s manufacturing sector rebounded sharply in August. What is the current £:$ exchange rate?

c) £1 =$1.33

9. Which firm says it will now put a workers’ representative on its board after the retailer came under fire for the treatment of its staff? The move came hours after it said it would abolish zero-hours contracts for its directly employed, casual retail staff.

a) Sports Direct

10. Who is recalling 2.5m of its flagship smartphone after admitting that battery problems were behind some phones catching fire.

d) Samsung

Business News Quiz

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