Gulf Oil, 1st foreign co. in Mexican oil market

Gulf Oil, 1st foreign co. in Mexican oil market

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video outlines the brand's objectives, including opening and converting gas stations to the brand by mid-year, with a long-term goal of capturing 25% of the market. The competitive edge is based on an import strategy and efficient logistics, supported by new infrastructure development.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the brand's immediate plan for expansion?

Close down non-performing stations

Focus solely on online services

Convert existing stations to the brand

Open new gas stations in every city

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected number of gas stations to be opened or converted in the first 90 days?

10 to 15

40 to 50

25 to 30

5 to 10

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's long-term market share goal?

75% of the market

25% of the market

50% of the market

10% of the market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which strategy is central to the brand's competitiveness?

Reducing prices

Importation and efficient logistics

Increasing advertising

Expanding product lines

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the brand plan to handle logistics and distribution?

By reducing the number of distribution centers

By developing new infrastructure

By outsourcing to third-party companies

By focusing on local suppliers only