Apple Stops Online Sales in Russia Over Ruble Fluctuation

Apple Stops Online Sales in Russia Over Ruble Fluctuation

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses how Apple and other Western companies are responding to the economic crisis in Russia, particularly the decline of the Russian ruble. It highlights the challenges these companies face, such as price adjustments and potential capital controls. The discussion also touches on the relative importance of the Russian market compared to China for companies like Apple and considers the broader economic implications for other emerging markets.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What immediate action did Apple take in response to the Russian ruble's decline?

Increased online sales

Halted online sales

Decreased product prices

Opened new stores

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern for Western companies operating in Russia?

Managing assets and operations

Reducing product quality

Increasing workforce

Expanding into new markets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential measure might Russia take that concerns Western companies?

Increase in foreign investments

Reduction in export tariffs

Expansion of digital infrastructure

Implementation of capital controls

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the Russian market compare to the Chinese market for companies like Apple?

Russia is more significant

Both are equally important

China is more significant

Neither is important

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence of Russia's economic issues on other markets?

Knock-on effects in other emerging markets

Improved trade relations with the West

No impact on other markets

Increased stability in emerging markets