Too Early to Tell If We'll Have to Raise Prices, Says Subway CEO

Too Early to Tell If We'll Have to Raise Prices, Says Subway CEO

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses the impact of food inflation on consumers and the efforts to maintain brand value despite rising costs. It highlights the challenges faced during COVID and the ongoing brand transformation. The discussion also touches on the uncertainty of future inflationary hikes and their potential impact on consumers.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy is mentioned to counteract the effects of food inflation?

Increasing product prices

Reducing product quality

Expanding product range

Altering packaging

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What external factor complicated the brand transformation process?

New competitors

COVID-19 pandemic

Environmental regulations

Technological advancements

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the speaker describe the inflationary pressures encountered?

Expected and manageable

Unrelated to COVID-19

Different from initial expectations

Beneficial for the brand

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern regarding inflationary hikes?

Their influence on technological growth

Their impact on employment

Their effect on global trade

Their permanence and sustainability

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might happen if inflation continues at a high level?

Costs may be passed on to consumers

Costs may be absorbed by the company

Prices may decrease

Production may be halted