What was the main reason for the company's confidence in raising guidance early in the year?
People Are Willing to Pay More for Pepsi, CFO Says

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An unexpected economic boom
A decrease in competition
A significant increase in product prices
Strong momentum from the previous year
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the company view its position in the market compared to tech and auto industries during economic downturns?
More vulnerable than tech and auto
Equally vulnerable as tech and auto
Less vulnerable due to being a defensive stock
Not affected at all
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the company plan to handle inflation in terms of pricing?
By reducing product quality
By passing on price increases to consumers
By cutting down on marketing expenses
By increasing production volume
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the company's approach to managing productivity?
Outsourcing production
Leveraging digitalization and automation
Reducing wages
Hiring more frontline workers
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the company's stance on advertising and marketing budget during a strong year?
Decrease the budget to save costs
Eliminate the budget entirely
Keep the budget constant
Increase the budget to support brand momentum
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the company's strategy for competing with major competitors in the beverage market?
Reducing advertising efforts
Focusing solely on existing products
Introducing innovative products
Lowering prices significantly
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected impact of higher prices on the company's market share?
Complete dominance in the market
Minimal impact due to strong brand power
A significant loss of market share
A slight increase in market share
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