Easing the Supply Chain Pain

Easing the Supply Chain Pain

Assessment

Interactive Video

Business, Life Skills

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the secular growth of a business driven by ecommerce, outsourcing, and automation. It highlights supply chain challenges and persistent inflation, affecting consumer costs and business margins. The role of automation as a response to inflation and labor market issues is emphasized. Despite these challenges, the business remains optimistic about economic growth and consumer spending, describing the current period as the 'roaring 20s'.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the three secular tailwinds driving the business mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker mean by being a 'business for all seasons'?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the current state of the supply chain?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker perceive the impact of inflation on their business and customers?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does automation play in the business's response to inflation?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are mentioned regarding the labor market and trucking shortages?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's outlook on consumer spending in the current economic climate?

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