H.K. Retail Sales to Drop About 20% for 2020: PwC’s Cheng
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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the predicted economic performance drop for Hong Kong in the current year?
40%
30%
20%
10%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which group of tourists is expected to significantly aid in the recovery of Hong Kong's luxury sector?
Australian tourists
Mainland Chinese tourists
American tourists
European tourists
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main reasons for international brands leaving Hong Kong?
High operational costs
Lack of demand
Political instability
Poor infrastructure
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What trend is becoming more prominent among retailers in response to the pandemic?
Increasing prices
Opening more physical stores
Focusing on digitalization
Reducing product lines
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been a significant factor in the increased costs for running stores in Hong Kong?
Supply chain issues
Increased rent
High taxes
Labor shortages
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Despite challenges, what status does Hong Kong hope to maintain?
Cultural hub
Financial center of Asia
Tourist destination
Manufacturing leader
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential advantage for Hong Kong compared to other countries?
Higher wages
Tax-free status
Better climate
Larger population
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