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Quiz on PepsiCo's Response to Shrinkflation

Authored by C.J. Schmidt

Business

12th Grade

Used 2+ times

Quiz on PepsiCo's Response to Shrinkflation
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is PepsiCo's response to the issue of shrinkflation?

Introducing new flavors

Adding more chips to their bags

Reducing the price of their products

Discontinuing certain products

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which brands are mentioned as being owned by PepsiCo?

Tostitos, Fritos, Pringles, and Doritos

Doritos, Pringles, Ruffles, and Cheetos

Pringles, Cheetos, Fritos, and Lays

Lay’s, Doritos, Tostitos, and Ruffles

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage increase in chips is PepsiCo adding to Tostitos and Ruffles bags?

20%

15%

25%

10%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term used to describe the practice of reducing product size while maintaining the same price?

Inflation

Deflation

Stagflation

Shrinkflation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What season is mentioned as a reason for PepsiCo's changes?

Basketball season

Baseball season

Hockey season

Football season

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the CEO of PepsiCo mentioned in the text?

Ramon Laguarta

Brian Cornell

James Quincey

Indra Nooyi

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the average price of 16-ounce potato chips in September 2020?

$5.02

$6.46

$4.50

$5.50

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