Secondary Business News Quiz - 26/04/2012

Test your students knowledge of what is happening in the business world with this week's news quiz.

Download the Word version (with answers and weblinks) here

1. Banking giant HSBC is set to announce today how many job losses in the UK, as part of its global cost-cutting plans?
   3,000 ( )
   2,000 ( )
   500 ( )
   200 ( )
   
   
2. Apple has reported its profits almost doubled in the first three months of the year, to what level?
   $11.6bn ( )
   $12.6bn ( )
   $5.7m ( )
   $7.8m ( )
   
   
3. Which oil company's earnings were up 11% on the $6.93bn the firm made a year ago?
   Exxonmobil ( )  
   Murphy oil ( )
   Shell ( )
   BP ( )
   
   
4. Which mobile network has launched a smartphone app that allows users to transfer up to £500 via text message?
   T mobile ( )
   Tesco mobile ( )
   02 ( )
   Orange ( )
   
   
5. Apple's boss has dismissed the idea of mixing laptops and tablets into a hybrid product, who is the CEO of Apple?
   Steve Tyler ( )
   Tim Cook ( )
   Tom Cook ( )
   Steve Wozniak ( )
   
   
6. Which global companies’shares fell 4.6% after the New York Times said officials had paid millions in bribes to expand in Mexico and covered it up?
   McDonalds ( )
   Carrefour ( )
   Wal-Mart ( )
   Coca-cola ( )
   
   
7. Rupert Murdoch will be questioned about how he dealt with allegations of criminal behaviour at his UK newspapers when he returns to the Leveson Inquiry into media ethics later. Which company is he the boss of?
   Talk Talk ( )
   ITV ( )
   Trump Entertainment Resorts ( )
   News Corp ( )
   
   
8. Hyundai Motors has said profit rose …. in the first quarter as strong sales in the US and Europe helped to offset lower demand in its domestic market?
   31% ( )
   35% ( )
   39% ( )
   41% ( )
   
   
9. The UK economy has returned to recession, after shrinking by 0.2% in the first three months of 2012, what is the definition of a recession?
   A general slowdown in economic activity 2 quarters of negative GDP ( )
   A sudden surge of growth in economic activity ( )
   A long period of growth ( )
   A general slowdown in economic activity 1 quarter of negative GDP ( )
   
   
10. Unemployment in the UK currently stands at what level?
    2.2 m ( )
    1.8 m ( )
    2 m ( )
    2.65 m ( )

Donna Jestin

Teacher of Business Studies Notre Dame College & Senior Examiner for AQA