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

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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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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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