Global Supply Chain Woes Getting Worse

Global Supply Chain Woes Getting Worse

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of the Delta variant on global manufacturing and supply chains, highlighting ongoing issues with shipping containers and shortages of key materials. Manufacturers are preparing for long-term disruptions, which are causing inflationary pressures and affecting global growth recovery. The video also addresses the fragility of supply chains, with factories closing due to COVID outbreaks and the high costs of relocating production. These challenges are leading to increased prices for consumers.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How are price increases affecting wholesale buyers according to the manufacturers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the fragility of the supply chain as mentioned in the text?

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