What tends to happen to consumer spending during a recession?
Mastercard CFO Isn't Worried About a Recession

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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
People maintain the same spending habits.
People spend more on travel and leisure.
People focus more on non-discretionary spending.
People increase spending on luxury items.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is MasterCard's strategic focus in the B2B payment market?
Developing a closed-loop payment system.
Building an open-loop environment for accounts payable.
Focusing solely on consumer payments.
Eliminating all cross-border payment options.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant challenge in the B2B payment space according to the transcript?
Excessive competition from small businesses.
Limited technological advancements.
Lack of a global standard.
High transaction fees.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does MasterCard enhance its service offerings?
By reducing its workforce.
By cutting down on technological investments.
By acquiring companies and forming partnerships.
By focusing only on credit card services.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What approach does MasterCard take towards acquisitions?
Avoiding acquisitions altogether.
Random acquisitions without a clear strategy.
Strategic acquisitions based on company capabilities and gaps.
Opportunistic buying based on market conditions.
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