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Wiley (publisher) Wiki2Web Clarity Challenge

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Study Guide: John Wiley & Sons: A Publishing Legacy

Cheat Sheet:
John Wiley & Sons: A Publishing Legacy Study Guide

Founding and Early Development (1807-c. 1865)

John Wiley & Sons was founded in the 20th century.

Answer: False

Explanation: The publishing house John Wiley & Sons was founded in 1807, predating the 20th century.

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In its nascent stages, Wiley's publishing endeavors primarily centered on scientific and technical manuals.

Answer: False

Explanation: Initially, Wiley focused on publishing literary figures of the 19th century, alongside legal and religious texts, rather than scientific and technical manuals.

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The company officially adopted the name 'John Wiley & Sons' in 1865.

Answer: True

Explanation: The firm officially adopted the name 'John Wiley & Sons' in 1865, marking a significant shift in its publishing focus.

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Charles Wiley's daughter inherited the business following his demise.

Answer: False

Explanation: Charles Wiley's son, John Wiley, assumed management of the business after his father's death in 1826.

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In what year and city was John Wiley & Sons originally established?

Answer: 1807 in Manhattan, New York City

Explanation: John Wiley & Sons was originally established in 1807 when Charles Wiley opened a print shop in Manhattan, New York City.

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Which of the following was not among the initial literary figures published by Wiley during the 19th century?

Answer: Charles Dickens

Explanation: While Wiley published figures like Melville, Poe, and Irving in the 19th century, Charles Dickens was not among the initial literary figures published by the firm.

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When did the company officially adopt the name 'John Wiley & Sons' and concurrently shift its publishing focus towards scientific and technical disciplines?

Answer: 1865, after adopting the current name

Explanation: The company officially adopted the name 'John Wiley & Sons' in 1865, which coincided with a strategic shift towards scientific, technical, and engineering subjects.

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Who assumed management of the publishing business following the founder, Charles Wiley?

Answer: His son, John Wiley

Explanation: Charles Wiley's son, John Wiley, took over the management of the business after his father's death in 1826.

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Expansion and Specialization (c. 1865-2000)

Subsequent to adopting its current name, Wiley strategically shifted its focus away from scientific and technical subjects.

Answer: False

Explanation: Following the adoption of the name 'John Wiley & Sons' in 1865, the company strategically shifted its focus towards scientific, technical, and engineering subjects.

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Wiley acquired the British publishing firm Heyden & Son in 1982.

Answer: True

Explanation: In 1982, Wiley completed the acquisition of the publishing operations of the British firm Heyden & Son.

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Wiley established its initial European presence in Paris in 1960.

Answer: False

Explanation: Wiley established its first European presence in London in 1960, not Paris.

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Strategic Acquisitions and Divestitures (2000-Present)

The acquisition of Blackwell Publishing by Wiley was completed in 2007 for approximately $1.12 billion.

Answer: True

Explanation: Wiley acquired Blackwell Publishing in February 2007 for approximately $1.12 billion, subsequently forming the Wiley-Blackwell entity.

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Wiley acquired Inscape Holdings Inc. with the objective of expanding its portfolio within the travel and culinary publishing sectors.

Answer: False

Explanation: Wiley acquired Inscape Holdings Inc. in 2012 to enhance its offerings in interpersonal business skills assessments and training, not for travel and culinary publishing.

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In 2012, Wiley made the strategic decision to divest certain assets, specifically those related to scientific and technical publishing.

Answer: False

Explanation: In 2012, Wiley announced its intention to divest assets in travel, culinary, and general interest sectors, not its core scientific and technical publishing assets.

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In 2024, Wiley initiated the closure of certain journals acquired from Hindawi, citing concerns related to paper mill activities.

Answer: False

Explanation: Wiley closed 19 journals acquired from Hindawi in 2024 due to paper mill issues, but not all journals from the acquisition were closed.

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Wiley acquired the open access publisher Hindawi in 2021 for a sum of $1.12 billion.

Answer: False

Explanation: Wiley acquired Hindawi in 2021 for $298 million, not $1.12 billion.

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Wiley discontinued the use of the Hindawi brand name in 2023.

Answer: True

Explanation: Following issues related to paper mills, Wiley ceased using the Hindawi brand name in 2023, integrating its journals under the Wiley brand.

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In November 2023, Wiley divested its online program management (OPM) business to Academic Partnerships for a sum of $110 million.

Answer: True

Explanation: Wiley sold its online program management (OPM) business to Academic Partnerships in November 2023 for $110 million.

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Wiley acquired eJournalPress (EJP) in 2021, a move aimed at enhancing its suite of scholarly publishing applications.

Answer: True

Explanation: In 2021, Wiley acquired eJournalPress (EJP) to bolster its capabilities in developing web-based applications for scholarly publishing.

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What significant acquisition did Wiley complete in 2007, resulting in the formation of the entity known as Wiley-Blackwell?

Answer: Blackwell Publishing

Explanation: In 2007, Wiley acquired Blackwell Publishing for approximately $1.12 billion, leading to the formation of the Wiley-Blackwell division.

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What was the primary strategic objective behind Wiley's 2012 acquisition of Inscape Holdings Inc.?

Answer: To enhance offerings in interpersonal business skills assessments

Explanation: Wiley acquired Inscape Holdings Inc. in 2012 to bolster its capabilities in providing assessments and training for interpersonal business skills.

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Which of the following business lines was among those Wiley announced its intention to divest in 2012?

Answer: Culinary and travel brands

Explanation: In 2012, Wiley announced its intention to divest assets including travel, culinary, and general interest brands as part of a strategic refocusing.

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What specific action did Wiley take in 2024 regarding journals acquired from Hindawi, in response to identified issues with paper mills?

Answer: Closed 19 of the acquired journals after retracting over 11,300 articles.

Explanation: In 2024, Wiley closed 19 journals acquired from Hindawi and retracted over 11,300 articles due to identified issues with paper mills.

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What was the approximate financial cost of Wiley's 2021 acquisition of the open access publisher Hindawi?

Answer: $298 million

Explanation: Wiley acquired the open access publisher Hindawi in 2021 for approximately $298 million in cash.

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Who acquired Wiley's online program management (OPM) business in November 2023?

Answer: Academic Partnerships

Explanation: Academic Partnerships acquired Wiley's online program management (OPM) business in November 2023 for $110 million.

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In 2021, Wiley acquired eJournalPress (EJP) primarily for what strategic purpose?

Answer: Develop web-based applications for scholarly publishing.

Explanation: Wiley acquired eJournalPress (EJP) in 2021 primarily to enhance its development of web-based applications tailored for the scholarly publishing industry.

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Digital Platforms and Services

The Wiley Interscience platform was succeeded by Wiley Online Library in 2010.

Answer: True

Explanation: Launched in 1997, Wiley Interscience served as an online access point for Wiley's content until it was replaced by the more comprehensive Wiley Online Library in 2010.

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WileyPLUS is an online platform specifically designed for the management of academic courses and associated assignments.

Answer: True

Explanation: WileyPLUS is an integrated online learning system offered by Wiley, combining e-textbooks with resources for course management and assignments.

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Which platform, launched in 1997 to facilitate online access to Wiley's journals and scholarly works, was ultimately succeeded by Wiley Online Library?

Answer: Wiley Interscience

Explanation: Wiley Interscience, launched in 1997, provided online access to Wiley's content and was eventually replaced by Wiley Online Library in 2010.

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What is WileyPLUS, a product offered by Wiley's Higher Education division?

Answer: An online system combining e-textbooks with media resources for course management.

Explanation: WileyPLUS is an online learning system that integrates e-textbooks with various media resources and tools to facilitate course management, assignments, and grading for instructors and students.

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Corporate Operations and Recognition

Wiley's corporate headquarters have been situated in Hoboken, New Jersey, since 2002.

Answer: True

Explanation: Wiley's headquarters have been located in Hoboken, New Jersey, since 2002.

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Wiley's operational structure is organized into four principal business divisions.

Answer: False

Explanation: Wiley's operations are organized into three primary business divisions: Scientific, Technical, Medical, and Scholarly (STMS); Professional Development; and Global Education.

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Fortune magazine acknowledged Wiley as one of the '100 Best Companies to Work For' in both 2005 and 2006.

Answer: True

Explanation: Fortune magazine recognized Wiley on its list of the '100 Best Companies to Work For' for the years 2005 and 2006.

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In 2009, Wiley announced strategic plans involving an increase in staffing within its UK and Australian operations, coupled with a reduction in Asia.

Answer: False

Explanation: In 2009 and 2010, Wiley announced plans that involved a reduction of staff in its UK and Australian operations, alongside an increase in staff in Asia.

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As of 2024, Wiley reported a global workforce of approximately 10,000 employees.

Answer: True

Explanation: Wiley's global employee count was approximately 10,000 as of 2024.

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Wiley's Class A stock is traded on the New York Stock Exchange (NYSE) under the ticker symbol WLYB.

Answer: False

Explanation: Wiley's Class A stock trades on the NYSE under the ticker symbol WLY, while Class B stock trades under WLYB.

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Wiley's reported full-year revenue for 2023 amounted to $208 million, indicating an 8% increase compared to the preceding year.

Answer: False

Explanation: Wiley's full-year revenue for 2023 was $208 million, representing an 8% decrease, not an increase, from the prior year.

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In 2017, Wiley reported a median gender pay gap of approximately 21.5% concerning its UK workforce.

Answer: True

Explanation: Wiley's 2017 report on its UK workforce indicated a median gender pay gap of approximately 21.5%.

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Wiley's reported revenue for Fiscal Year 2024 was approximately $208 million.

Answer: False

Explanation: Wiley's reported revenue for Fiscal Year 2024 was approximately $1.87 billion, not $208 million.

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Wiley's primary business divisions encompass Scientific, Technical, Medical, and Scholarly (STMS), which is also known as:

Answer: Wiley-Blackwell

Explanation: The Scientific, Technical, Medical, and Scholarly (STMS) division of Wiley is also known as Wiley-Blackwell.

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For which consecutive years did Fortune magazine recognize Wiley as one of the '100 Best Companies to Work For'?

Answer: 2005 and 2006

Explanation: Fortune magazine recognized Wiley as one of the '100 Best Companies to Work For' for two consecutive years: 2005 and 2006.

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What strategic adjustment did Wiley implement concerning its UK and Australian operations during the period of 2009-2010?

Answer: Increased staff in Asia while reducing in the UK/Australia

Explanation: Around 2009-2010, Wiley announced plans that involved reducing staff in its UK and Australian operations while increasing staff in Asia.

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What was Wiley's reported revenue for the full fiscal year 2023?

Answer: $208 million

Explanation: Wiley reported a revenue of $208 million for the full fiscal year 2023.

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Sustainability Initiatives

Wiley is a signatory to the SDG Publishers Compact and has actively implemented measures promoting sustainability.

Answer: True

Explanation: Wiley is a signatory of the SDG Publishers Compact and has undertaken sustainability initiatives such as becoming carbon neutral and supporting reforestation efforts.

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The partnership with Project DEAL, established in 2019, was intended to increase subscription fees for German academic institutions.

Answer: False

Explanation: The Project DEAL partnership, signed in 2019, aimed to provide open access to academic journals for German institutions, not increase subscription fees.

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Wiley's journal *Natural Resources Forum* achieved the highest possible rating ('five wheel') within an SDG Impact Intensity analysis.

Answer: True

Explanation: The journal *Natural Resources Forum* was recognized with the highest rating ('five wheel') in an SDG Impact Intensity analysis, indicating strong alignment with Sustainable Development Goals.

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Which of the following is not explicitly mentioned as a sustainability initiative undertaken by Wiley?

Answer: Investing in renewable energy sources

Explanation: While Wiley is noted for signing the SDG Publishers Compact, becoming carbon neutral, and supporting reforestation, investing in renewable energy sources is not explicitly mentioned as one of its sustainability actions in the provided data.

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What was the principal objective of the Project DEAL partnership, signed by Wiley in January 2019?

Answer: To provide open access to academic journals for German institutions.

Explanation: The Project DEAL partnership, signed in January 2019, aimed to facilitate open access publishing for academic journals for over 700 German institutions.

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