Quiz Category: Big Business Trivia | 10 Questions

The Business Quiz questions were updated on Aug. 2, 2022.

Quiz-round: Ten unique Business Related Questions (and answers) for a trivia quiz, with fun, up-to-date 2022 news facts on companies, deals, and business news. Let the Business news game begin! It’s time to invite your friends, colleagues, and family or Zoom them in. Take the quiz for fun, or host the perfect business news quiz round.

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Quiz Category: Business News

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1 / 10

1. The American Dollar and the European Euro are the two most-traded currencies globally. What is the third?

Photo: Mr.ちゅらさん, CC BY-SA 4.0, via Wikimedia Commons

Australian Dollar.

Swiss Franc.

British Sterling.

Japanese Yen.

The Japanese yen is the third most-traded currency globally. The currency fell against the US dollar to levels last seen in 1998. The Bank of Japan, on June 10, 2022, gave a rare statement that it may intervene if the weakness persists.

2 / 10

2. Which countries had their debt defaulted (failed to pay their foreign bondholders) in 2022?

Photo: AntanO, CC BY-SA 4.0, via Wikimedia Commons

Sri Lanka and Ghana.

El Salvador and Ghana.

Sri Lanka and Russia.

Russia and El Salvador.

Sri Lanka was the first nation to stop paying its foreign bondholders in May 2022. Russia followed in June due to sanctions the West laid amid the Ukraine war. El Salvador, Ghana, Egypt, Tunisia, and Pakistan are currently considered vulnerable to default but have not yet failed to pay their foreign bondholders.

What happened in Sri Lanka?

On July 9, 2022, Sri Lanka’s prime minister Ranil Wickremesinghe and President Gotabaya Rajapaksa agreed to resign after protesters stormed their residences and set fire to one. According to official data, Sri Lanka’s currency has collapsed by 80% since 2019, making imports more expensive, with food costs rising 57%.

3 / 10

3. Which company’s CEO was paid highest in 2021?

Photo: Merzperson at English Wikipedia, Public domain, via Wikimedia Commons

Apple Inc. CEO.

AMD (Advanced Micro Devices) CEO.

Warner Bros. Discovery CEO.

Expedia Group CEO.

Expedia Group CEO Peter Kern, who earned $296.2 million last year, tops the Associated Press and Equilar’s list of top-paid male and female CEOs in 2021, published on May 26, 2022. Expedia Group is an online travel company that operates Expedia.com, Vrbo (previously HomeAway), Hotels.com, Hotwire.com, Orbitz, Travelocity, trivago, and CarRentals.com.

Who else is on the list?

Warner Bros. Discovery CEO David Zaslav comes in a close second with a yearly compensation of $246.6 million. After ServiceNow’s William McDermott, Apple’s Tim Cook settles for fourth place, with a humble $98.7 million paycheck.

Are any female CEOs on the list?

Lisa T. Su. Photo: Genevieve Martin, OLCF at ORNL, CC BY 2.0, via Wikimedia Commons

AMD’s (Advanced Micro Devices) CEO Lisa T. Su tops the female CEOs list with a yearly pay of $29.5 million (no. 22 overall), slightly ahead of General Motors CEO Mary T. Barra (no. 23 overall).

4 / 10

4. Who’s Twitter’s largest shareholder?

Screenshot: The Babylon Bee on YouTube

Jack Dorsey.

Mark Zuckerberg.

Elon Musk.

Mutual-fund company Vanguard.

On Apr. 4, 2022, an SEC filing revealed that Elon Musk, the billionaire chief executive of Tesla and SpaceX and the world’s wealthiest person, had purchased a 9.2 percent stake in Twitter. Twitter will now have Musk as its largest shareholder, ahead of Vanguard, which owns 8.8 percent, and Jack Dorsey, Twitter’s former chief executive, who owns 2.3 percent. Musk has over 80 million Twitter followers.

5 / 10

5. What’s Uber’s “Kill Switch”?

Photo: Dllu, CC BY-SA 4.0, via Wikimedia Commons

A nickname for the app’s Cancel Ride button.

A way to hide Uber’s sensitive data from authorities during raids.

A nickname for the app’s Delete All Data button.

A strategy to exit "problematic" markets.

Senior executives at Uber ordered the use of a “kill switch” to prevent police and regulators from accessing sensitive data during raids on its offices in at least six countries: France, the Netherlands, Belgium, India, Hungary, and Romania. The Guardian found the information on Uber files, a cache of leaked confidential company data published on July 11, 2022.

6 / 10

6. What’s the world’s largest toymaker?

Photo: Ralf Roletschek, GFDL 1.2, via Wikimedia Commons

Mattel.

Bandai Namco.

Lego.

Hasbro.

Lego is the world’s largest toymaker. The Danish toymaker halted deliveries to Russia in March 2022 after the invasion of Ukraine. On July 12, the company announced it’s ceasing all operations in Russia “indefinitely.”

7 / 10

7. What’s Apple Inc. estimated market value as of January 2022?

Over $3 trillion.

About $2 trillion.

Less than $1 trillion.

Around $4 billion.

Apple became the first US company to be valued at over $3 trillion on Jan. 3, 2022. The company became the world’s first trillion-dollar company in August 2018 and passed $2 trillion in 2020. Apple alone is more valuable than Boeing, Coca-Cola, Disney, Exxon-Mobil, McDonald’s, Netflix, and Walmart combined.

Is Apple still the most valuable company in the world?

By May 2022, Apple shares have fallen nearly 20%. On May 11, Oil giant Saudi Aramco surpassed Apple as the world’s most valuable firm with a market valuation of just under $2.43 trillion. Apple is, as of May 2022, worth $2.37 trillion.

8 / 10

8. Which tech giant is buying the primary care organization One Medical?

Apple.

Netflix.

Amazon.

Google.

Amazon announced on July 21, 2022, that it would acquire the primary care organization One Medical in a deal valued at $3.9 billion. The purchase is Amazon’s third-biggest acquisition, following its $13.7 billion deal to buy Whole Foods in 2017 and its $8.5 billion purchase of MGM studios earlier this year.

9 / 10

9. As of Feb. 16, 2022, what’s ViacomCBS’s new name?

CBS+.

Viacom.

Paramount.

Peacock.

ViacomCBS Inc announced it’s changing its name to Paramount. The media conglomerate that owns CBS, Showtime, MTV, Comedy Central, BET, Nickelodeon, Smithsonian, Paramount Pictures, Paramount+, Pluto TV, and more announced the change during a presentation of its streaming strategy on Feb. 15, 2022.

10 / 10

10. What does the Apple Pay Later service allow?

Photo: Apple

Four equal payments spread over six weeks.

Two equal payments spread over two weeks.

A four-week extension to fully pay for any purchase.

An eight-week extension to fully pay for apple products.

Apple Pay Later, built into the Apple Wallet in IOS 16, allows users in the US to split the cost of an Apple Pay purchase into four equal payments spread over six weeks, with no interest and fees. Apple Pay Later is available everywhere Apple Pay is accepted – online or in-app. The service, which will work over the MasterCard network, puts Apple in direct competition with payment providers like Affirm and PayPal. IOS 16 will be available this fall as a free software update for iPhone 8 and later.

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1. Geographic Quiz / Animals Quiz / Nature Quiz
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The Current Business Trivia Quiz Questions

• What’s Apple Inc. estimated market value as of January 2022?

  As of Feb. 16, 2022, what's ViacomCBS's new name?

  Who's Twitter's largest shareholder?

  Screenshot: The Babylon Bee on YouTube

  Which company's CEO was paid highest in 2021?

  Photo: Merzperson at English Wikipedia, Public domain, via Wikimedia Commons

  What does the Apple Pay Later service allow?

  Photo: Apple

  The American Dollar and the European Euro are the two most-traded currencies globally. What is the third?

  Photo: Mr.ちゅらさん, CC BY-SA 4.0, via Wikimedia Commons

  Which countries had their debt defaulted (failed to pay their foreign bondholders) in 2022?

  Photo: AntanO, CC BY-SA 4.0, via Wikimedia Commons

  What's Uber's "Kill Switch"?

  Photo: Dllu, CC BY-SA 4.0, via Wikimedia Commons

  What's the world's largest toymaker?

  Photo: Ralf Roletschek, GFDL 1.2, via Wikimedia Commons

  Which tech giant is buying the primary care organization One Medical?