Columbia Sportswear CEO on Business Disruption From Tariffs

Columbia Sportswear CEO on Business Disruption From Tariffs

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the impact of tariffs and trade wars on Columbia and other retailers. It highlights the challenges in sourcing due to tariffs, particularly from China, and the company's strategies to mitigate these issues by sourcing from Southeast Asia. The discussion also covers the impact on consumers, market conditions, and Columbia's future business strategies, including capital allocation and employment challenges in a competitive market.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary concern for companies like Columbia regarding tariffs and trade wars?

Increased sales opportunities

Disruption in sourcing operations

Lower production costs

Improved consumer satisfaction

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Columbia adapt to changes in tariffs?

By increasing production in the US

By sourcing from countries with lower tariffs

By focusing solely on the Chinese market

By reducing product quality

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge faced by Columbia due to market uncertainties?

Lack of consumer interest

Shortage of raw materials

Increased competition from local brands

Difficulty in pricing strategies

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the impact of tariffs on American consumers according to the transcript?

They have more product choices

They experience improved product quality

They face higher taxes on commodities

They benefit from lower prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Columbia plan its capital investments?

By considering future business expectations

By avoiding any risks

By focusing on short-term gains

Based on current market trends

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major factor affecting employment costs in Portland?

Limited availability of skilled labor

Low demand for footwear

High competition among footwear companies

Decreasing wage rates

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which region is experiencing significant inflationary pressures in payroll rates?

Europe

North America

Southeast Asia

South America