Shift From Credit to Debit Cards Very Strong in Pandemic, Says Afterpay's Molnar

Shift From Credit to Debit Cards Very Strong in Pandemic, Says Afterpay's Molnar

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of the pandemic on business growth, highlighting the shift from offline to online and the increased use of debit cards. It addresses economic concerns like the fiscal cliff and unemployment, emphasizing the importance of real-time data insights. The video also covers regulatory engagement, explaining the need for clear communication with regulators. Finally, it outlines the company's global expansion strategy, focusing on partnerships and international growth.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the major shifts in consumer behavior during the pandemic?

Decrease in online shopping

Increased use of credit cards

Increased use of debit cards

Shift from online to offline shopping

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the company manage to maintain growth despite high unemployment rates?

By expanding offline stores

By reducing prices

By closely monitoring real-time data

By increasing marketing spend

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a core part of the company's business strategy in dealing with regulations?

Focusing only on domestic regulations

Ignoring regulatory changes

Engaging with regulators to explain their product

Avoiding regulatory engagement

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which regions are part of the company's recent international expansion efforts?

South America and Asia

Europe and Canada

Middle East and Africa

Asia and Africa

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the company's priority in the last two years regarding international markets?

Focusing on Asia

Concentrating on domestic growth

Establishing a presence in the US and UK

Expanding into South America