Ring CEO on Amazon Integration and the Evolution of the Smart Home

Ring CEO on Amazon Integration and the Evolution of the Smart Home

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses challenges with battery life in smart doorbells, solutions involving solar accessories, and Amazon's role in enhancing technology. It addresses privacy concerns and highlights the competitive market landscape. The speaker reflects on their Shark Tank experience, emphasizing perseverance despite initial rejections.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the solutions being implemented to improve battery life in smart doorbells?

Using larger batteries

Increasing battery prices

Adding solar accessories

Reducing doorbell usage

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company address privacy concerns related to Amazon's involvement?

By providing free upgrades

By limiting Amazon's access

By ensuring strong security measures

By offering a money-back guarantee

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor in the company's ability to maintain a large market share?

Exclusive partnerships

Effective and affordable solutions

High product prices

Aggressive marketing

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the outcome of the company's study with the Newark police?

Reduced burglaries by 50%

Improved customer satisfaction by 50%

Expanded market reach by 50%

Increased sales by 50%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What advice is given to entrepreneurs who face rejection from investors?

Seek alternative funding

Give up on their ideas

Focus on a different market

Keep persevering despite rejections