Online Marketplace Mercari Says Volume Jumped Amid Lockdowns

Online Marketplace Mercari Says Volume Jumped Amid Lockdowns

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Quizizz Content

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The video discusses the impact of stay-at-home orders on sales in Japan and the US, highlighting a surge in online sales due to the pandemic. It outlines the strategic goals for the US market, including reaching a $100 million monthly GMV, and the ongoing investments to achieve profitability. The video also touches on the expectations for Japan's economy and leadership, emphasizing the challenges posed by the pandemic and the need for policy continuity.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the stay-at-home orders affect online sales in Japan and the US?

They had no impact on online sales.

They only affected sales of essential items.

They increased online sales, especially for non-essential items.

They decreased online sales significantly.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the strategic financial goal set for the US business?

$50 million monthly GMV

$200 million monthly GMV

$100 million monthly GMV

$300 million monthly GMV

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the US business not yet profitable despite reaching its GMV target?

Due to a lack of strategic planning.

Due to high operational costs.

Because of continued investments in the market.

Because of low sales volume.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is expected from Japan's new Prime Minister regarding policy?

Introduction of new economic reforms.

Focus solely on pandemic control.

A complete overhaul of existing policies.

Continuation of current policies.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main challenge faced by the Japanese government according to the transcript?

Improving international trade relations.

Increasing the infection rate.

Balancing infection control with economic recovery.

Reducing government spending.