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Tech companies

Total questions: 14

Worksheet time: 7mins

Name
Class
Date
1.

At over 150 years old, it has jumped into many markets, including ramen noodles and hotels and hand-painted playing cards. Today its main business is games.

a)

Nintendo

b)

Shopify

c)

Nokia

d)

YouTube

2.

In 2005 Twitter was Odeo, a podcasting site. When Apple announced it was entering the podcast space, Odeo knew it ____________.

a)

couldn‘t compete

b)

was bought out

c)

had to go public

d)

was on the right track

3.

In 1945, the Tokyo Telecommunications Research Institute designed a simple wooden rice cooker to help post-war Japan cook with electricity. It was not a MVP and never went to market. What is the companyˋs name today?

a)

Sony

b)

Nintendo

c)

Honda

d)

Mitsubishi

e)

Toyota

4.

Since its founding in 1938, Samsung has conducted business in everything from dehydrated fish to insurance. It pivoted to electronics in 1970 and now has the second-largest _____ for smartphone sales in North America.

a)

market share

b)

smart factory

c)

vendor network

d)

web presence

5.

In 2004 Facemash was the first iteration of Facebook attracting more than half of Harvard‘s graduates in one month. In 2006, as Facebook, it ____ and allowed anyone with an email address to sign up.

a)

pivoted

b)

began trading publically

c)

got its first like

d)

changed its tagline

6.

Tech‘s ______ philosophy is key to business evolution and the pivot.

a)

failing fast

b)

overengineering

c)

quaility first

d)

competing teams

7.

While some tech companies _______ quickly and follow obvious trajectories, others follow winding paths full of twists and potholes.

a)

take off

b)

come over

c)

put up

d)

set on

8.

To create a market for personal computers, Apple donated 9000 computers to schools. Donations weren’t pure charity. Apple ________ the mindshare of a young user base.

a)

was capturing

b)

was discounting

c)

was rejecting

d)

was ignoring

9.

In 2005 YouTube _______ with the vision of being a dating site with the tag line “Tune in, Hook up”.

a)

launched

b)

pivoted

c)

traded publically

d)

paid women 50 dollars to upload a video

10.

In 2006, Youtube _________ by tech giant Google for one point six billion dollars.

a)

was acquired

b)

was sold

c)

was valued

11.

Two Finnish companies merge to form Nokio which went on to become a successful _________ through the ‘70s and ‘80s.

a)

rubber boot company

b)

snowboard supplier

c)

game vendor

d)

fish retailer

12.

Beginning as Snowdevil, a snowboard shop, in 2004, Spotify founders created an online shopping experience that

a)

interested people more than the product

b)

gave people huge discounts

c)

often crashed

d)

never got off the ground

13.

After going public in 2015, Shopify has nearly 20% of global market share and is __________ ecommerce platforms in the world.

a)

one of the most popular

b)

more popular

c)

the most popular

d)

popular

14.

By continuously _________, changing course when needed and employing unique stategies, some tech companies have risen to the top.

a)

pressure testing

b)

hoping for the best

c)

burying their heads in the sand