Under Armour CEO Has 'Great Confidence' in Direction of Company

Under Armour CEO Has 'Great Confidence' in Direction of Company

Assessment

Interactive Video

Business

University

Hard

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The video discusses Under Armour's long-term growth plan and the market's reaction. It covers the company's transformation strategy, focusing on performance and lifestyle segments, and highlights the importance of corporate culture and leadership. The video also addresses the company's sourcing strategy in response to potential tariffs.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the market's initial reaction to Under Armour's long-term growth plan?

The stock price increased significantly.

The market was indifferent.

The market was very positive.

The stock price decreased.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key focus of Under Armour's transformation strategy?

Expanding into luxury fashion.

Focusing on the athletic consumer.

Reducing product lines.

Entering the food industry.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Under Armour's strategy regarding performance and lifestyle products?

Focusing only on performance products.

Integrating performance into all products.

Eliminating lifestyle products.

Separating performance and lifestyle completely.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of Under Armour's growth opportunities mentioned in the transcript?

Increasing domestic market share.

Reducing product prices.

Expanding into international markets.

Acquiring smaller companies.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What financial goal does Under Armour aim to achieve over the next five years?

A 5% reduction in costs.

A 40% EPS CAGR.

A 50% market share.

A 10% increase in revenue.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Under Armour's approach to its corporate culture?

Promoting diversity and inclusion.

Ignoring employee feedback.

Focusing solely on profits.

Maintaining a homogeneous workforce.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Under Armour plan to handle potential challenges like tariffs?

By reducing production.

By increasing prices.

By diversifying its sourcing strategy.

By focusing only on the US market.