Demant Group: Hearing Healthcare Quiz
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Questions and Answers

What is the main focus of the Demant Group?

  • Providing vision care services
  • Developing hearing aids (correct)
  • Creating virtual reality headsets
  • Manufacturing gaming consoles

    • How many employees does the Demant Group employ?

  • 10,000
  • 40,000
  • 20,500 (correct)
  • 30,000

    • What motivated Hans Demant to buy a hearing instrument for his wife?

  • To win a contract with the American manufacturer General Acoustic Company
  • After learning that Queen Alexandra of England wore one at her coronation (correct)
  • To start a new business venture in hearing technology
  • To improve his own hearing

    • In how many countries are the Demant Group's products sold?

    <p>130 countries</p> Signup and view all the answers

    What is the annual revenue generated by the Demant Group?

    <p>DKK 19 billion</p> Signup and view all the answers

    Apart from hearing aids, what other business has the Demant Group ventured into?

    <p>Premium audio and video solutions</p> Signup and view all the answers

    What was the year when the Demant Group was established?

    <p>1904</p> Signup and view all the answers

    What role did Hans Demant play in the development of the Demant Group?

    <p>Founder</p> Signup and view all the answers

    Where did Hans Demant sell his first hearing aid?

    <p>Odense, Denmark</p> Signup and view all the answers

    Which company launched the first-ever hearing aid built with an on-board deep neural network (DNN)?

    <p>Oticon</p> Signup and view all the answers

    What change did William Demant Holding A/S make in 2018?

    <p>Launched a new brand strategy</p> Signup and view all the answers

    Which company acquired the Chinese retail chain, ShengWang?

    <p>Demant</p> Signup and view all the answers

    What is the new name of the Oticon Foundation?

    <p>William Demant Foundation</p> Signup and view all the answers

    What is the new name of William Demant Holding A/S?

    <p>Demant A/S</p> Signup and view all the answers

    Which company announced the launch of Oticon Own™, a customised in the ear hearing solution?

    <p>Oticon</p> Signup and view all the answers

    How many hearing aid clinics and employees did ShengWang add to the Demant Group?

    <p>500 clinics and 1300 employees</p> Signup and view all the answers

    What did Demant and Philips announce in 2018?

    <p>&quot;Partnership to bring Philips-branded hearing solutions to market</p> Signup and view all the answers

    What is the main goal of launching Oticon More™?

    <p>To give people with mild-to-severe hearing loss a fuller, more balanced and more effortless hearing experience.</p> Signup and view all the answers

    Who took over the company after Hans Demant's death?

    <p>William Demant</p> Signup and view all the answers

    In which city did William Demant start visiting churches to get Acousticon church hearing aid systems installed?

    <p>Copenhagen</p> Signup and view all the answers

    Which company did William Demant enter into a partnership with to establish the American-Danish Oticon Corporation?

    <p>Charles Lehman</p> Signup and view all the answers

    What was the main purpose of the William Demant Foundation (formerly Oticon Foundation)?

    <p>Charity with emphasis on helping people with a hearing impairment</p> Signup and view all the answers

    In which year was Oticon Holding listed on the Copenhagen Stock Exchange?

    <p>1995</p> Signup and view all the answers

    Who became the CEO of William Demant Holding A/S after Lars Kolind resigned?

    <p>Niels Jacobsen</p> Signup and view all the answers

    What product did Oticon launch, which had wireless binaural capability and revealed more about the nature and origin of sounds than any other solution available?

    <p>Epoq</p> Signup and view all the answers

    Which company did Demant acquire in 2008, solidifying its position as the world's largest supplier of diagnostic equipment?

    <p>Amplivox</p> Signup and view all the answers

    Who was appointed as the new CEO of William Demant Holding after Søren Nielsen?

    <p>Niels Jacobsen</p> Signup and view all the answers

    With whom did Demant announce an end to their joint venture in headsets?

    <p>Sennheiser KG</p> Signup and view all the answers

    Who took over the management of Oticon after Lars Kolind resigned?

    <p>Henning Mønsted</p> Signup and view all the answers

    What was the main purpose of the William Demant Foundation (formerly Oticon Foundation)?

    <p>To provide charity with particular emphasis on helping people with a hearing impairment</p> Signup and view all the answers

    In which year did Oticon launch Opn™, a paradigm shift in hearing aid technology?

    <p>2016</p> Signup and view all the answers

    Which company did Demant acquire in 2008, solidifying its position as the world's largest supplier of diagnostic equipment?

    <p>Maico</p> Signup and view all the answers

    Who founded the American-Danish Oticon Corporation in partnership with an American hearing aid producer?

    <p>William Demant</p> Signup and view all the answers

    When did William Demant Holdings change its name from Oticon Holding A/S?

    <p>1995</p> Signup and view all the answers

    What was the impact of the acquisition of Amplivox and Grason-Stadler in 2008 and 2009?

    <p>Solidification of Demant's position as the world's largest supplier of diagnostic equipment</p> Signup and view all the answers

    What was the main reason for the name change from William Demant Holding A/S to Demant A/S?

    <p>To introduce a new brand strategy</p> Signup and view all the answers

    What distinguished Oticon More™ from previous hearing aids?

    <p>Integration of deep neural network (DNN)</p> Signup and view all the answers

    What was the significance of Demant's acquisition of ShengWang?

    <p>It added around 500 hearing aid clinics and more than 1,300 employees</p> Signup and view all the answers

    What is the distinguishing feature of Oticon Own™, launched by Oticon?

    <p>Ultimate discreetness and superior sound quality</p> Signup and view all the answers

    What is the focus of the partnership between Demant and Philips in 2018?

    <p>Bringing Philips-branded hearing solutions to market</p> Signup and view all the answers

    What was the new focus of William Demant Foundation after its renaming from Oticon Foundation?

    <p>Supporting collaboration across the Group</p> Signup and view all the answers

    In which area did Demant venture into apart from hearing aids?

    <p>Diagnostic equipment production</p> Signup and view all the answers

    What did Oticon More™ aim to provide for people with mild-to-severe hearing loss?

    <p>A fuller, more balanced and more effortless hearing experience</p> Signup and view all the answers

    What was the outcome of the collaboration between Demant and Philips in 2018?

    <p>Bringing Philips-branded hearing solutions to market</p> Signup and view all the answers

    What differentiated Oticon Own™ from other hearing aids?

    <p>Focus on ultimate discreetness and superior sound quality</p> Signup and view all the answers

    What motivated Hans Demant to buy a hearing instrument for his wife?

    <p>His wife's hearing impairment</p> Signup and view all the answers

    In which city did Hans Demant sell his first hearing aid?

    <p>Odense, Denmark</p> Signup and view all the answers

    How many employees does the Demant Group employ?

    <p>Around 20,500 employees</p> Signup and view all the answers

    In which year was Oticon Holding listed on the Copenhagen Stock Exchange?

    <p>1960</p> Signup and view all the answers

    What is the main focus of the Demant Group?

    <p>Creating life-changing differences through hearing health</p> Signup and view all the answers

    What change did William Demant Holding A/S make in 2018?

    <p>Acquired a Chinese retail chain</p> Signup and view all the answers

    What was the main purpose of the William Demant Foundation (formerly Oticon Foundation)?

    <p>To improve people's hearing and health</p> Signup and view all the answers

    Apart from hearing aids, what other business has the Demant Group ventured into?

    <p>'Premium audio and video solutions for enterprises'</p> Signup and view all the answers

    Which company acquired the Chinese retail chain, ShengWang?

    <p>William Demant Holding A/S</p> Signup and view all the answers

    What was the distinguishing feature of Oticon More™, launched by Oticon?

    <p>On-board deep neural network (DNN)</p> Signup and view all the answers

    What was the main goal of launching Oticon More™?

    <p>To provide a fuller, more balanced, and more effortless hearing experience</p> Signup and view all the answers

    What differentiated Oticon Own™ from other hearing aids?

    <p>Customised in the ear solution</p> Signup and view all the answers

    What was the new focus of William Demant Foundation after its renaming from Oticon Foundation?

    <p>Supporting collaboration across the Group</p> Signup and view all the answers

    What differentiated Oticon More™ from previous hearing aids?

    <p>On-board deep neural network (DNN)</p> Signup and view all the answers

    What is the distinguishing feature of Oticon Own™, launched by Oticon?

    <p>Fully customised in the ear solution</p> Signup and view all the answers

    Apart from hearing aids, what other business has the Demant Group ventured into?

    <p>Diagnostic equipment</p> Signup and view all the answers

    What was the impact of the acquisition of ShengWang by Demant?

    <p>Added 500 hearing aid clinics and 1,300 employees to the Demant Group</p> Signup and view all the answers

    What differentiated Oticon Own™ from other hearing aids?

    <p>Customised in the ear solution</p> Signup and view all the answers

    What impact did William Demant's acquisition of ShengWang have on the Demant Group?

    <p>Added 500 hearing aid clinics and more than 1,300 employees to the group</p> Signup and view all the answers

    When did Demant acquire Amplivox and Grason-Stadler, solidifying its position as the world's largest supplier of diagnostic equipment?

    <p>2009</p> Signup and view all the answers

    What was the unique feature of Oticon Opn™, launched in 2016?

    <p>Wireless binaural capability</p> Signup and view all the answers

    In which year was Oticon Holding listed on the Copenhagen Stock Exchange?

    <p>1995</p> Signup and view all the answers

    What was the main purpose of the William Demant Foundation (formerly Oticon Foundation)?

    <p>Charity with emphasis on helping people with hearing impairment</p> Signup and view all the answers

    Who founded the American-Danish Oticon Corporation in partnership with an American hearing aid producer?

    <p>William Demant</p> Signup and view all the answers

    What was the impact of the acquisition of Amplivox and Grason-Stadler by Demant in 2009?

    <p>Solidified its position as the world's largest supplier of diagnostic equipment</p> Signup and view all the answers

    What distinguished Oticon Opn™ from previous hearing aids?

    <p>Wireless binaural capability</p> Signup and view all the answers

    Who took over the management of Oticon after Lars Kolind resigned?

    <p>Niels Jacobsen</p> Signup and view all the answers

    What other business apart from hearing aids has Demant ventured into?

    <p>Manufacturing of diagnostic equipment</p> Signup and view all the answers

    What motivated Hans Demant to purchase a hearing instrument for his wife?

    <p>To follow the example of Queen Alexandra of England, who was wearing a hearing instrument at her 1902 coronation</p> Signup and view all the answers

    In which area has the Demant Group expanded apart from hearing aids?

    <p>Enterprise and gaming audio and video solutions</p> Signup and view all the answers

    What differentiated Oticon Own™ from other hearing aids?

    <p>It had on-board deep neural network technology</p> Signup and view all the answers

    What was the impact of Demant's acquisition of Amplivox and Grason-Stadler in 2008 and 2009?

    <p>It solidified the position of Demant Group as the world's largest supplier of diagnostic equipment</p> Signup and view all the answers

    What is the annual revenue generated by the Demant Group?

    <p>More than DKK 19 billion</p> Signup and view all the answers

    Who founded the American-Danish Oticon Corporation in partnership with an American hearing aid producer?

    <p>Hans Demant</p> Signup and view all the answers

    In which city did Hans Demant sell his first hearing aid?

    <p>Odense, Denmark</p> Signup and view all the answers

    What was the main focus of the partnership between Demant and Philips in 2018?

    <p>Developing premium audio and video solutions for enterprises and gaming</p> Signup and view all the answers

    What differentiated Oticon More™ from previous hearing aids?

    <p>It used on-board deep neural network technology</p> Signup and view all the answers

    What was the main reason for renaming William Demant Holding A/S to Demant A/S?

    <p>To align with the expanded business areas of premium audio and video solutions</p> Signup and view all the answers

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