CLEAN: New Zealand wine growers look beyond the glut

CLEAN: New Zealand wine growers look beyond the glut

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the dynamics of the wine market, focusing on price points in major markets like the UK, and how some producers made desperate deals to sustain their businesses. It emphasizes the responsibility of the industry to ensure grapes have a market. Recent statistics from New Zealand indicate a positive shift in pricing and export sales, suggesting a brighter future. The transcript ends with unrelated conversation snippets.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason some wine producers accepted deals in major markets?

To maintain their business operations

To expand their business

To increase production

To enter new markets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which market was considered the envy of other wine producers?

The Canadian market

The Australian market

The UK market

The US market

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the industry's responsibility regarding grape production?

To grow grapes only for local consumption

To focus on quantity over quality

To ensure grapes have a market before being grown

To ensure grapes are grown without a market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent trend was highlighted in the New Zealand wine industry?

A decline in wine quality

A shift towards more bulk wine sales

An improvement in pricing and export sales

A decrease in wine production

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the outlook for the wine industry as mentioned in the final section?

A continued decline

An uncertain future

A brighter future

A stable future