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Test Yourself on Current Affairs with Biz Quiz 10/24

[1]1. Amazon.com posted a 48% profit increase this week.  But what was the bad news that caused its stock to drop?
A) eBay passed Amazon in sales for the first time
B) Forecasted difficult holiday sales
C) Their side investments were depleted during the market crisis
D) They announced a shake-up in their management


2. What did environmental news did Columbia Sportswear announce this week?
A) Giving vouchers to employees that use transit/bike
B) Installing solar panels on their roofs
C) Donating 5% of holiday sales to expanding wind power in Oregon

3. Which new nation this week made headlines for their economic woes, forcing them to raise interest rates by three points and declare that they are not Iceland?
A) Mexico
B) Greece
C) Hungary
D) The Philippines

4. Chrysler may join which alliance?
A) Nissan/Renault
B) Toyota
C) Hyundai
D) Honda

5. Which company announced a 64% profit drop, and possible 1,500 employees cut?
A) Yahoo
B) Ford
C) Boeing
D) Halliburton

6. What company will close its Portland offices, putting over 900 employees out of work?

ANSWERS BELOW

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1. Amazon.com posted a 48% profit increase this week.  But what was the bad news that caused its stock to drop?
A) eBay passed Amazon in sales for the first time
B) Forecasted difficult holiday sales
C) Their side investments were depleted during the market crisis
D) They announced a shake-up in their management

2. What did environmental news did Columbia Sportswear announce this week?
A) Giving vouchers to employees that use transit/bike
B) Installing solar panels on their roofs
C) Donating 5% of holiday sales to expanding wind power in Oregon

3. Which new nation this week made headlines for their economic woes, forcing them to raise interest rates by three points and declare that they are not Iceland?
A) Mexico
B) Greece
C) Hungary
D) The Philippines

4. Chrysler may join which alliance?
A) Nissan/Renault
B) Toyota
C) Hyundai
D) Honda

5. Which company announced a 64% profit drop, and possible 1,500 employees cut?
A) Yahoo
B) Ford
C) Boeing
D) Halliburton

6. What company will close its Portland offices, putting over 900 employees out of work?
FREIGHTLINER