Inside the Shein Machine

Inside the Shein Machine

12th Grade

10 Qs

quiz-placeholder

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Inside the Shein Machine

Inside the Shein Machine

Assessment

Quiz

Business

12th Grade

Hard

Created by

Debbie Watson

Used 6+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Shein's valuation in 2023?

$70 million

$23 billion

$100 billion

$66 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much of the U.S. market does Shein control?

60%

40%

50%

30%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When did Shein make its U.S debut?

2018

2015

2020

2012

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much revenue did Shein generate in 2022?

$23 billion

$70 million

$66 billion

$100 billion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Shein's inventory turnover rate according to a Boston Consulting group report?

40 days

30 days

50 days

60 days

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Shein initially test the popularity of a new product?

By producing 100 to 200 units

By producing 1,000 units

By analyzing competitor sales

By conducting online surveys

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Shein's contracted manufacturers were accounted for in the audits released in 2022?

25%

40%

50%

36%

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