Business Trivia With Topics About, Henry Ford, NOW Bank Accounts, NASDAQ, IBM, Hallmark cards, America's mutual funds, and More!

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Business trivia questions and answers regarding NASDAQ, IBM, Hallmark, Mutual Funds, Henry Ford, and Wall Street.

Fun business trivia questions and answers.

Prior to 1953, what product was advertised with the slogan, "Just what the doctor ordered"?
A: L & M cigarettes.

An illustration of what TV and movie "celebrity" appeared on the teal-blue bottle of a unisex fragrance called Amphibia in 1995?
A: Kermit the Frog.  The scent "pour homme, femme, et frog" was marketed by Jim Henson Productions, creator of the Muppets.

What American industry introduced the 5-day, 40-hour work week?
A :The steel industry, in 1923, Henry Ford adopted it in 1926.

What was the name of the car that followed Ford's 1932 Model B, the last in the automaker's series of cars known by letter designations?
A: The Model 18--The 8 indicated it had an eight-cylinder engine; the 1 that it was Ford's first V8.

What do the initials S.O.S. stand for in the brand of steel-wool soap pads marketed under that name?
A: Save Our Saucepans.

To a Wall Streeter, what is a shark repellent?
A: Any device or strategy used to ward off a hostile takeover.

For what is the NOW in NOW bank accounts an acronym?
A: Negotiable order of withdrawal.

What is the derivation of the trademark name Velcro?
A: It's from the words velvet and crochet which means "hook" in French.

In the world of economics, what does the acronym Gatt represent?
A: General Agreement on Tariffs and Trade.

What do the letters represent in the over-the-counter stock market acronym NASDAQ?
A: National Association of Securities Dealers Automated Quotations.

What did John Matthews do with all the scrap marble he bought from the St. Patrick's Cathedral construction site in New York City in 1879?
A: Matthews, a manufacturer of soda fountain equipment, made 25 million gallons of soda water by dissolving the marble (calcium carbonate) with dilute acid.

What famous statesman sold 18 canvases to Hallmark cards for reproduction on greeting cards?
A: Winston Churchill, in 1950. He was paid an undisclosed sum, which he donated to Churchill college at Cambridge.

How many years after the total assets of America's mutual funds hit $1 billion did it take for them to reach $1 Trillion?
A: 45 years.  They hit $1 billion in 1945, $1 trillion in 1990.

What was megacorporation IBM known as before its name was changed in 1924?
A: C-T-R, for computing-tabulating-Recording Company.

What did the George N. Pierce Co. Manufacture before it began producing the Pierce-Arrow and other automobiles?
A: Bird cages.

In the world of business, what is the meaning of the acronym IPO?
A: Initial public offering--it's a company's first sale of stock to the public.

For what product was the term twofers first used?
A: Cigars. The tem was used as early as 1892 for two-for-a-nickel cigars.  It's been used for selling two-for-the-price-of-one theater tickets since 1948.

What role did Mrs. P.F.E. Albee of Winchester, New Hampshire--widow of a U.S. senator--play in American sales history?
A: She was the first Avon lady--although the company she worked for before the turn of the century was not yet called Avon. Mrs. Albee sold Little Dot Perfume. Sets door-to-door for Avon founder David McConnell and set up a door-to-door sales network for him by recruiting and training other women.