How Superunion's CEO Is Navigating Global Trade Tensions

How Superunion's CEO Is Navigating Global Trade Tensions

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

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The video discusses the impact of trade tensions and tariffs on businesses, emphasizing the need for companies to differentiate and decommoditize their products to remain competitive. It explores the challenges faced by global brands in trade wars, particularly for Chinese companies entering the US market. The importance of understanding market dynamics and consumer behavior is highlighted, along with strategies for brand differentiation and competitiveness.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key strategy for businesses to remain competitive despite trade tariffs?

Differentiating products and services

Expanding into new markets

Increasing advertising budget

Lowering product prices

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might large companies struggle to absorb tariff impacts?

They have limited market reach

They lack brand recognition

They are affected by more factors like stock prices

They have fewer resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common challenge for Chinese companies entering the US market during trade tensions?

High marketing costs

Lack of product innovation

Perception issues due to trade wars

Limited access to technology

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can brands succeed in international markets despite trade tensions?

By focusing solely on digital marketing

By copying successful local brands

By having a strong, differentiated proposition

By offering the lowest prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does consumer behavior play in trade policies?

It has no impact

It is irrelevant in global trade

It can influence government decisions

It only affects local markets

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of businesses are most vulnerable in a trade war?

Service-oriented businesses

Technology companies

Commodity-based businesses

Luxury brands

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge for commodity-based businesses during trade conflicts?

Limited distribution channels

Inability to differentiate beyond price

Lack of brand loyalty

High production costs