Cruise Industry Won't Suffer From Trade Disputes, Norwegian CEO Says

Cruise Industry Won't Suffer From Trade Disputes, Norwegian CEO Says

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the impact of stock market fluctuations on the cruise industry, highlighting that trade tensions and market declines have minimal direct effects. It explores the Chinese market's potential, noting cultural differences in consumer behavior. The discussion shifts to global strategy, emphasizing the decision to leave China due to better profitability elsewhere. The cruise industry's growth and innovation are highlighted, with new ships offering unique experiences. Finally, the adaptability of cruise operations is discussed, showcasing the ability to quickly respond to changing global conditions.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are influencing the cruise industry's performance in the current economic climate?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do Chinese consumers' spending habits differ from those of American consumers in the context of the cruise industry?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies might the cruise industry adopt to navigate the trade tensions between the US and China?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways have cruise ships evolved to attract millennials compared to previous generations?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How quickly can cruise ships be repositioned in response to changing market conditions?

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