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Members Only > AMA Member Challenge Archive
Answers to AMA Member Challenge
January 2009
1. Jerry Yang, who resisted a takeover bid from Microsoft, will step down after only 18 months as CEO of what troubled Internet company?
Correct answer: Yahoo. Yang will remain on the Yahoo board and will assume the title of “chief Yahoo,” a corporate strategy role. Yahoo’s stock price has declined precipitously and the company announced it will lay off 1,500 employees, or about 10% of its workforce.
2.Which one of the “Big Three” Detroit automakers has said “No thanks” to the government’s $17.4 billion loan package?
- Ford Motor
- American Motors
- General Motors
- Chrysler
Correct answer: Ford Motor. The federal plan will deliver $9.4 billion to General Motors and $4 billion to Chrysler over two months. Although Ford lost more than $8 billion in 2008, it has a cushion, having negotiated a $10.8 billion line of credit with banks in 2006.
3. MySpace and Facebook may find themselves on the ropes when a new social networking site, WWE Universe goes live. What sport does WWE Universe promote?
- Wrestling
- Rodeo riding
- NASCAR
- Table tennis
Correct answer: Wrestling. Launched by World Wrestling Entertainment, WWE Universe is an online community where fans can gather to network and discuss topics related to WWE’s TV shows, pay-per-view events, and personalities.
4.“The Tales of Beedle the Bard,” the fastest-selling book of 2008, included commentary by the late Albus Dumbledore and illustrations by what author?
- Malcolm Gladwell
- Beatrix Potter
- J.K. Rowling
- P.D. Eastman
Correct answer: J.K. Rowling. “The Tales of Beedle the Bard” was first mentioned in Rowling’s blockbuster “Harry Potter and the Deathly Hallows.” The five “Tales” include “The Wizard and the Hopping Pot” and “Babbity Rabbity and Her Cackling Stump.” Proceeds from the book, which sold more than 2.6 million copies in less than two weeks, will go to a children’s charity founded by Rowling.
5. Which beloved Disney character just celebrated his 80th birthday, having debuted in the 1928 animated short “Steamboat Willie?”
- Popeye
- Mickey Mouse
- Underdog
- Daffy Duck
Correct answer: Mickey Mouse. “Steamboat Willie,” the first animated film to feature synchronized music and sound effects, was an instant hit. The short was a parody of a Buster Keaton work, “Steamboat Bill Jr.” Throughout the years, Mickey (originally named “Mortimer”) was voiced by Walt Disney himself.
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