Hong Kong Electronics Fair tries to beat financial crisis

What is the primary target market for One Touch Company's automatic can openers?

• Young professionals

• Elderly people with arthritis

• Teenagers

• Fitness enthusiasts

How do consumer spending habits change during a financial crisis?

• People buy more luxury items

• People eat out more often

• People focus on essential purchases

• People travel more frequently

What challenge did One Touch face when doing business in China?

• Difficulty in finding suppliers

• Lack of consumer interest

• Product imitation by other manufacturers

• High import taxes

Why are Chinese consumers willing to pay more for Hong Kong-made products?

• They are considered safer and more reliable

• They are cheaper

• They are more technologically advanced

• They are more fashionable

What is a unique selling point of the phone watch mentioned in the transcript?

• It is cheaper than a mobile phone

• It has a longer battery life than a mobile phone

• It is easier to lose than a mobile phone

• It can be worn every day and is hard to lose