egm_g2

egm_g2

University

30 Qs

quiz-placeholder

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egm_g2

egm_g2

Assessment

Quiz

Other

University

Medium

Created by

Márton Katona

Used 1+ times

FREE Resource

30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Woody Co.'s mission statement focused on?

Creating engaging and educational toys from sustainable materials that spark creativity and protect nature

Providing affordable toys to the mass market

Becoming the largest toy manufacturer in the US

Creating high-tech plastic toys

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT mentioned as a key trend shaping the wooden toy industry in the US?

Rising importance of sustainability

Strong demand in building sets and infant/toddler toys

Rising importance of inclusivity

Decreasing demand for educational benefits

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which demographic group is specifically targeted by Woody Co. in the US market?

Teenagers (13-18)

Adults ("Kidults")

Eco-conscious parents and grandparents who seek educational toys for toddlers aged 1-4/5

Educators and schools only

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What price range (per unit for retailers) does Woody target for its products, allowing them to challenge competitors like Plan Toys and Melissa & Doug?

$16.80-$19.40

$25.50-$39.99

$29.95-$44.95

$19,99

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Woody Co.'s differentiation strategy in the US market is grounded in affordability, operational agility, practical sustainability, and which other factor?

Mass market appeal

High price point

Targeted niche market (toddlers 1-4/5)

Extensive product variety

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What pricing strategy is proposed for selling the Woody product?

Value-based pricing

Competitive pricing

Cost-based pricing

Premium pricing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which online platform strategy involves pitching at hub events and partnering with Fulfillment Services (WFS) for better BuyBox control?

Amazon

Walmart

eBay

Direct-to-Consumer website

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