How Important Are Millennials in the Global Luxury Market?
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Business
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the predicted growth rate for the luxury goods market in 2018?
12%
10%
8%
5%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factor disrupted the strong growth of the luxury goods market in 2018?
Brexit
US-China tariff issues
Rising oil prices
European economic slowdown
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which generations are contributing significantly to the growth of the luxury goods market?
Generation Z and Millennials
Generation X and Millennials
Baby Boomers and Generation X
Baby Boomers and Generation Z
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where are most luxury goods like Rolls Royce and Aston Martins produced?
Europe
China
Japan
United States
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of luxury spending is attributed to Chinese and US consumers combined?
75%
65%
50%
85%
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