egm-g1-11

What is the overall business objective of C.L.A.S.S. Toy Co. regarding entering the Chinese market?

• To focus solely on the Hungarian market

• To become a leader in the smart toy industry

• To primarily increase European sales

• To sell only online in China

Which Chinese province is known for producing over 50% of the world's toys and having established industrial clusters?

• Shandong

• Jiangsu

• Guangdong

• Zhejiang

Which warehouse serves as C.L.A.S.S. Toy Co.'s European distribution hub for goods from China?

• A warehouse in Shantou SEZ

• A warehouse near Koper port

• Their own warehouse in Budaörs

• A logistics center in Budapest

Which logistics method is proposed for transportation from Koper, Slovenia to Budapest/Budaörs according to the presentation?

• Air freight

• Road freight only

• Sea freight only

• Combination of rail and truck services

What is the significance of "Guanxi" in Chinese business culture?

• It denotes professional qualifications

• It represents personal connections, networks, and trust

• It describes product quality control

• It refers to intellectual property protection law

What is the standard Corporate Income Tax (CIT) rate in China mentioned in the presentation?

• 13%

• 25%

• 9%

• 10%  

What is a key risk related to Intellectual Property Protection in China?

• Difficulty obtaining patents

• High cost of trademarks

• First-to-file trademark system

• Lack of copyright law

What differentiates C.L.A.S.S. Toy Co.'s product in the construction toys segment according to the comparison with MODU?

• Higher price point

• Focus only on toddlers

• Presence in China

• Innovative EPP foam material and dual-market approach

According to the income statement forecast (2025-2030), what is the projected Net Profit for C.L.A.S.S. Toy Co. by 2030 in USD?

• $1,351,351

• $720,311

• $134,943

• $3,206,333

Based on the demand research for the Hungarian market, what is the concluded best pricing in HUF based on the middle class's answers?

• Around 10-13,000 HUF

• Around 20,000 HUF

• Around 25,000 HUF

• Around 30-40,000 HUF