Wahaha's Zong Says Internet Ruined Manufacturers

Wahaha's Zong Says Internet Ruined Manufacturers

Assessment

Interactive Video

Business, Other

University

Hard

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The transcript discusses the differences between the real and virtual economies, highlighting the challenges and impacts of the virtual economy on wealth creation. It also examines the internet economy's role in job creation and competition, noting unfair practices in ecommerce. The conversation shifts to protectionist rhetoric and its effects on Chinese acquisitions in the US, particularly in the context of Dean Foods. Finally, it touches on company leadership and strategic direction, emphasizing the role of new opportunities and mergers.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the key differences between the real economy and the virtual economy as discussed in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the Internet economy impacted traditional retail businesses according to the speaker?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does the speaker raise about the practices of Internet ecommerce?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's view on the protectionist rhetoric rising in many parts of the world?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How is the speaker's daughter involved in the company's negotiations and what role does she play?

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