Balsam Hill CEO's Holiday Decor Insights

Balsam Hill CEO's Holiday Decor Insights

Assessment

Interactive Video

Business

University

Hard

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The video features Mac Harmon, CEO of Balsam Hill, discussing the popularity of artificial Christmas trees, which 78% of Americans use. He explains the convenience and market opportunities for premium artificial trees, especially among high-income consumers. Harmon also addresses consumer trends, such as the use of multiple trees in homes, and the emotional significance of these products. The discussion shifts to trade challenges, including potential tariffs and manufacturing issues, highlighting the complexities of producing these trees domestically.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of Americans are reported to display an artificial tree this holiday season?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some reasons mentioned for the popularity of artificial trees?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Balsam Hill cater to high-income consumers regarding their products?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What emotional significance do Balsam Hill trees hold for consumers?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Balsam Hill face regarding tariffs and manufacturing?

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