Cost Pressures Driving Up Food Prices

Cost Pressures Driving Up Food Prices

Assessment

Interactive Video

Business

University

Hard

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one strategy companies like Kraft Heinz use to manage cost inflation?

Increasing promotional activities

Reducing productivity savings

Decreasing promotional activity

Lowering list prices

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it easier for companies to pass on higher costs to consumers during high inflation?

Government subsidies cover the extra costs

Consumers have more disposable income

Retailers are more willing to absorb costs

High inflation is experienced by all, making it more acceptable

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected trend for cost inflation in the second half of the year?

It will remain unchanged

It will continue to rise rapidly

It will moderate but not decline

It will decline significantly

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are companies unlikely to raise prices if they believe cost inflation is transitory?

They focus on long-term pricing strategies

They prefer to absorb short-term costs

They expect competitors to lower prices

They anticipate government intervention

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do larger companies with well-known brands influence market pricing?

They follow the pricing trends set by smaller companies

They avoid setting any pricing trends

They set the trend and smaller companies follow

They rely on government pricing regulations