Estee Lauder CFO Says Women Need to Be Strong Participants in Workforce

The video discusses the significant impact of COVID-19 on women, particularly in the workforce, highlighting the challenges faced by women in care roles and service industries. It explores the support provided by companies, such as flexible work hours and childcare assistance. The discussion also covers the structural changes in business, including the shift to online sales and changes in makeup demand during the pandemic.

What percentage of the company's employee base is female?

• 70%

• 90%

• 84%

• 50%

What kind of support has the company offered to its employees during the pandemic?

• Flexible work hours

• Free meals

• Paid vacations

• Gym memberships

What is one proposed solution to help women in industries that cannot offer flexible work hours?

• Offering free meals

• Providing free transportation

• Increasing the minimum wage

• Reducing work hours

What additional responsibility do many women have besides childcare?

• Pet care

• House renovation

• Eldercare

• Gardening

What structural change in consumer behavior was observed during the pandemic?

• Decline in skincare interest

• Increase in skincare product demand

• Decrease in online shopping

• Rise in makeup sales

How did the pandemic affect the demand for makeup products?

• Fluctuating demand

• Increased demand

• No change

• Decreased demand

What is expected to drive growth in the beauty industry post-pandemic?

• Radio promotions

• In-store shopping

• Online sales

• Television advertising