Apple Raising Worker Pay, Holding IPhone Production Flat

Apple Raising Worker Pay, Holding IPhone Production Flat

Assessment

Interactive Video

Business, Life Skills

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses economic challenges like rising inflation and a tightening labor market, and how Apple is responding by expanding its compensation budget. It highlights Apple's strategy to retain and attract employees amidst unionization threats and competition from other tech companies. The video also covers Apple's conservative iPhone production forecast due to market expectations and supply chain constraints.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons Apple is expanding its compensation budget?

To increase product prices

To fend off unionization threats

To retain and attract employees

To expand its store network

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Apple view its stores in terms of profitability?

As a secondary concern to online sales

As highly profitable individual units

As a way to test devices and drive online sales

As a primary source of revenue

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge Apple faces in retaining its employees?

Competition from other tech companies

Decreasing product demand

Lack of interest in tech jobs

High operational costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected production number of iPhones according to the report?

240 million

220 million

260 million

200 million

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some factors affecting Apple's iPhone production forecast?

Supply chain constraints and economic conditions

Increased competition from Android

Lack of innovation in new models

Decreased interest in smartphones