ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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capital goods
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human capital
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natural resources
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entrepreneurship
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Detailed explanation-1: -Adolf “Adi” Dassler (3 November 1900 – 6 September 1978) was a German cobbler, inventor and entrepreneur who founded the German sportswear company Adidas. He was also the younger brother of Rudolf Dassler, founder of Puma.
Detailed explanation-2: -In 1948 Rudolf established Puma, which was initially named Ruda (short for Rudolf Dassler) but later was renamed Puma after the animal. In 1949, Adolf established Adidas, likewise named for himself (Adi Dassler). Geda’s workforce and resources were split between the brothers.
Detailed explanation-3: -The company was founded by Adolf “Adi” Dassler who made sports shoes in his mother’s scullery or laundry room in Herzogenaurach, Germany after his return from World War I. In July 1924, his older brother Rudolf joined the business, which became “Dassler Brothers Shoe Factory” (Gebrüder Dassler Schuhfabrik).
Detailed explanation-4: -From the roots of a sibling rivalry PUMA was born. Founded in 1948, the world’s third largest sportswear brand was founded by Rudolf Dassler.