Cashing in on Wall Street's Wellness Craze

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Business
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key characteristic of the new fitness trends discussed in the video?
They focus solely on traditional yoga practices.
They are only available in major cities.
They combine elements of different workout styles.
They are exclusively for professional athletes.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which demographic is highlighted as a major driver of the fitness and wellness market?
Senior citizens
Children
Teenagers
Women and millennials
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant challenge for investors in the fitness industry?
Limited market size
Finding a single trend to invest in
Lack of consumer interest
High competition from tech companies
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do boutique fitness studios compare to traditional gyms in terms of market share?
They are less profitable than traditional gyms.
They are collectively chipping away at the market share of traditional gyms.
They have completely overtaken traditional gyms.
They have no impact on the market share of traditional gyms.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk for boutique fitness studios when expanding outside major cities?
Limited access to trainers
Lack of interest in fitness
Difficulty in maintaining profitability
High operational costs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a notable feature of the advertising strategy for boutique fitness studios?
Heavy reliance on TV commercials
Direct mail campaigns
Focus on social media and word of mouth
Exclusive partnerships with sports brands
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the estimated market size of the fitness industry in the US?
$100 billion
$42 billion
$500 million
$10 billion
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