Xiaomi's Growth Withers After Chip Shortages Hurt Sales

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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the main reasons for Xiaomi's decline in shipments?
Increased advertising costs
Chip and component shortages
Lack of consumer interest
Excessive competition from Apple
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did X Peng manage to perform well despite the semiconductor shortages?
By partnering with other EV makers
By expanding into new markets and focusing on self-driving technology
By reducing production costs
By increasing their advertising budget
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant achievement for Chinese EV makers in 2021?
Tripling their production capacity
Doubling EV sales compared to 2020
Launching a new model in the US
Reducing production costs by 50%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategy has Kuaishou used to counter regulatory challenges?
Increasing their reliance on celebrity influencers
Cutting down on marketing expenses
Focusing solely on domestic markets
Reducing their workforce
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common challenge faced by big tech companies like Alibaba and Tencent?
Limited market reach
Regulatory issues and investment losses
High employee turnover
Lack of innovation
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