VOICED: A bumper crop is creating more problems for Champagne industry

VOICED: A bumper crop is creating more problems for Champagne industry

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the grape harvest and its impact on the champagne industry. Despite a bumper crop due to favorable weather, the industry faces challenges with a 19% sales decline, particularly affecting exporters. Small producers targeting local markets are less impacted. To address the surplus of unsold champagne, the governing body has mandated a 26% reduction in grape harvest. The new champagne will not be available until 2012, highlighting the industry's strategic adjustments to balance supply and demand.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main factor contributing to the bumper crop of grapes?

Great weather in August

Government subsidies

New farming techniques

Increased rainfall

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which group was most affected by the 19% decline in champagne sales?

Online retailers

Local French customers

Small producers

Industry leaders relying on exports

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did small producers manage to avoid the impact of declining sales?

By targeting French customers

By reducing prices

By exporting more

By increasing production

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the reason for the decision to reduce grape harvest by 26%?

To reduce production costs

To comply with new regulations

To prevent stock inflation

To increase grape quality

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When will this year's champagne be available on the market?

In 2010

In 2011

In 2012

In 2013