Rationing of Baby Milk in Attempt to Stop Exports to China

Rationing of Baby Milk in Attempt to Stop Exports to China

Assessment

Interactive Video

Information Technology (IT), Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses how Chinese entrepreneurs in the UK are capitalizing on the demand for milk by exporting it. An unidentified entrepreneur from Cumbria explains their business model, which involves purchasing milk from local supermarkets and selling it online through a platform similar to eBay. The entrepreneur details the profit margins, buying milk for £7 to £9.50 and selling it for £16.52 to £19.50. The video also touches on the types of customers purchasing milk online.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What opportunity have Chinese entrepreneurs in the UK grasped?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the business mentioned in the text operate?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What products does the individual buy from supermarkets?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the price range for the products mentioned in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Who are the typical customers buying the products?

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