How the Winter Storm Roils Travel and Retail Companies

How the Winter Storm Roils Travel and Retail Companies

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses the impact of weather on business, particularly in retail and hospitality. It highlights the challenges and trends during the holiday season, including the shift towards experiential gifts and travel. The hotel room bidding process is explained, emphasizing consumer value. The video concludes with a discussion on competition and the importance of delivering value to consumers.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways do boutique hotels benefit from the current market trends?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies do businesses use to attract customers during competitive sales periods?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of providing value to customers in today's retail environment?

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