Small Businesses Face Supply Chain Problems During The Holidays

The video explores the impact of the pandemic on supply chains, focusing on the food industry. It highlights challenges such as increased prices and limited product availability due to processing and production issues. Retailers, especially smaller ones, face difficulties, while consumer behavior can exacerbate supply chain disruptions. The video also discusses the ripple effects of increased demand and the potential for future disruptions.

What is one of the main challenges faced by small businesses in the food industry during the pandemic?

• Lack of demand for products

• Stable prices of goods

• Difficulty in sourcing products

• Excessive supply of goods

What was a significant issue faced by Golden State Foods during the pandemic?

• Decrease in consumer demand

• Overstock of nitrogen supplies

• Shortage of raw materials and staff

• Excessive production capacity

How did the pandemic affect the production lines in the southeastern United States?

• Increased production due to high demand

• Stable production with no changes

• Disruptions due to lack of nitrogen

• Expansion of production facilities

What is the 'bullwhip effect' in the context of supply chains?

• A stable supply chain with no disruptions

• A massive spike in demand due to consumer panic

• A decrease in consumer demand

• An increase in supply chain efficiency

Which retailers are most affected by supply chain disruptions?

• Small retailers with limited resources

• Online retailers with global reach

• Retailers specializing in electronics

• Large retailers with extensive resources