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Dutch flower auction
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Which of the following are reasons why the Netherlands is a global centre of the flower trade?
2 points
It has a good environment for growing flowers
Royal FloraHolland hold a patent for auction design
Good transport links
The world's best universities are located close by
Which statement is true?
2 points
The Aalsmeer flower auction is Europe's fourth biggest market to trade flowers and plants
The Aalsmeer flower auction is the only place in Europe to trade flowers and plants
The Aalsmeer flower auction is the largest international marketplace for flowers and plants
The Aalsmeer flower auction holds a monopoly for the trading of flowers and plants
Clear selection
How big is the building in Aalsmeer?
2 points
2 football pitches
20 football pitches
200 football pitches
2,000 football pitches
Clear selection
Who owns the flower market in Aalsmeer?
2 points
Royal FloraHolland - a dutch private company
Royal FloraHolland - a dutch public company
Royal FloraHolland - a private company owned by a conglomerate of foreign investors
Royal FloraHolland - a cooperative comprised of buyers and sellers
Clear selection
What time does the auction start?
2 points
6am
7am
9am
It operates 24 hours a day
Clear selection
What goods are sold in Aalsmeer (choose all that apply)
2 points
Boxed up flowers
Open flowers
Plants
Shrubs and trees
Which of the following is NOT a major export market?
2 points
Germany
UK
Kenya
Belgium
Clear selection
How many flowers are traded every day?
2 points
4,400
44 thousand
44 million
404 million
Clear selection
Based on the turnover figures provided in the video, how many days per year is the auction running?
2 points
208 - 4 times per week
258 - every week day
312 - every day except Thursday
365 - every day
Clear selection
What type of auction is the Dutch clock?
2 points
Ascending
Descending
Clear selection
Which of the following is an advantage of a Dutch clock auction?
2 points
It provides consumer surplus
It is relatively quick
It doesn't rely on having any knowledge about the products being sold
It can be held 24 hours per day
Clear selection
When did the old trading room stop being used?
2 points
1981
2010
2020 - due to the pandemic
It's still in use
Clear selection
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