Monday, October 1, 2018

The Answers

Thank you for participating in Finatic Online 2018!

The Top 8 teams will now qualify for the final round. 

The cutoff this time is 110 points. Teams which have qualified for the final round will be notified via mail shortly.

So, here are the answers:

Answer 1
MasterCard or UBS (Odd One Out)
Reasoning-
1. MasterCard: All the other 3 firms except MasterCard represented in the images ar
2. UBS is based out of Switzerland, whereas the other three are based out of the United States of America


Answer 2
Hershey's
Reasoning-
1)Cover design of A Monetary History of the United States written by Milton Friedman: Milton Hershey, Hershey's founder
2)Buck: Michele Buck is the present CEO of Hershey ( We know, a lot of lateral thinking was required for this question)
3)Lancaster University: Hershey was originally founded as a subsidiary of the Lancaster Caramel Company
4)Cheese Puffs: Hershey's acquired cheese puffs maker Pirate Brands just recently

Answer 3
Wrigley
Reasoning-
1. Excel, Orbit and Lifesaver ( remember the cute dog?) are Wrigley's products
2. The company started with sale of soap and chewing gums were offered as incentive but gums became popular and are now major product

Answer 4
Rosneft (Odd One Out)
Reasoning-
1. Rosneft is based out of Russia, whereas the other 3 are based out of the United States.

Note: A lot of participants have written Agrotech as the answer stating the other 3 companies are oil based. Please take note of the fact that GE is a conglomerate operating in various segments like finance and healthcare.

Incidently, this question had no role to play in determining the top 8 positions

Answer 5
Fendi
Reasoning-
1. Fendi was launched as a fur and leather shop in 1925.
2. Since 1946, the five second generation 'Fendi' sisters joined the company.
3. In 2014, Fendi started making plans to use drones in its fashion shows.
4. In 2015, Fendi funded the restoration of the Trevi Fountain in Rome.

Answer 6
FedEx
Reasoning-
1."Wilson" the volleyball from Cast Away was sold to a Fed Ex executive.
2‌.In 1994, a Fedex Jet suffered hijacking attempt by a disgruntled employee.
‌3.Founder of FedEx Fred Smith impulsively hopped on a plane to Las Vegas where he won $27,000 playing blackjack with the remaining money he was left with.

4‌.FedEx Panda Express.

Answer 7-
Jack Cohen (Odd One Out)
Reasoning-
1.The other 3 images were of founders of chocolate brands - Ritter sport, Milka, toblerone
But jack Cohen was the founder of Tesco.

Answer 8
Yardley
Reasoning-
1.Yardley & Statham exhibited soap and perfume including a soap called Old Brown Windsor, which was embossed with a picture of Windsor Castle and was one of their first production soaps.
2. In 1913, Yardley adopted Francis Wheatley's "Flowersellers" painting as their new corporate logo.
3. Yardley became a symbol of "Swinging London" and was associated with the 1960s British youth culture of miniskirts, Carnaby Street and mod fashions.
4. Wipro Consumer Care acquired Yardley in certain markets including Asia, Middle East, Australia as well as North and West Africa for $45.5 million
Answer 9
Sephora
Reasoning-
1. Sephora got its name from the Greek spelling of Zipporah, the wife of moses.
2. It was founded in Paris, France.
3. A woman filed a lawsuit against Sephora in 2015, claiming that she got oral herpes after trying out a lipstick at one of their stores.
4. Sephora is planning to open 8-10 stores in India every year in collaboration with Arvind Ltd

No comments: