Faire Wholesale Reaches $12.4 Billion Value

Faire Wholesale Reaches $12.4 Billion Value

Assessment

Interactive Video

Business

University

Hard

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The video discusses how small businesses can compete with larger companies like Amazon by using technology tools and financial terms typically reserved for big businesses. It addresses supply chain challenges and how a marketplace model helps retailers and brands communicate and manage inventory. The company plans to use new funding for expansion, tool development, and team growth. While considering going public, the focus remains on supporting brands and retailers. The video also highlights support for women and minority-owned businesses post-pandemic.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of local retailers in consumer shopping behavior?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How are women business owners faring post-pandemic according to the text?

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