Nomad Stockpiling 'Millions of Fish Fingers' Ahead of Brexit, CEO Says

Nomad Stockpiling 'Millions of Fish Fingers' Ahead of Brexit, CEO Says

Assessment

Interactive Video

Business

University

Hard

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The video discusses the company's strategy for growth through acquisitions and organic expansion, focusing on the frozen food market in Europe. It highlights the competitive landscape, including digital sales and competition with delivery services. The impact of Brexit on operations, particularly in terms of supply chain and tariffs, is addressed. The company emphasizes its disciplined approach to financial management and outlines future M&A plans, including potential expansion into the US market.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's primary focus for growth?

Increasing market share in the US

Expanding into new categories

Profitable growth and industry consolidation

Reducing operational costs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company plan to compete with delivery services like Uber Eats?

By offering faster delivery times

By leveraging their strong distribution network and digital sales

By expanding their restaurant partnerships

By reducing prices of their products

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's approach to dealing with Brexit uncertainties?

Relocating their operations to another country

Building up inventories and having contingency plans

Halting all imports from Europe

Increasing prices to cover potential tariffs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the company believe being a 'pure player' in frozen food is beneficial?

It allows them to focus and move quickly

It diversifies their product offerings

It reduces their operational costs

It increases their market share in the US

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's strategy for M&A in the frozen food industry?

Focusing on organic growth only

Consolidating the frozen food industry in Europe

Expanding into the Asian market

Acquiring companies in unrelated sectors

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's position in the UK market?

They are planning to exit the UK market

They are struggling to gain market share

They have a strong position in the pizza category

They are a leading player in multiple categories

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's stance on expanding into the US market?

They plan to expand aggressively in the US

They will consider it if the right opportunity arises

They are already a major player in the US

They are not interested in the US market