Challenges and Strategies in Business

Challenges and Strategies in Business

Assessment

Interactive Video

Business, Life Skills

9th - 12th Grade

Hard

Created by

Aiden Montgomery

FREE Resource

The video follows the journey of starting a new company, highlighting the ambitions of the founders and the challenges they face. Initially, they discuss their goals and make an offer to form a partnership. As they embark on their first delivery, they encounter a significant setback when one of the trucks breaks down. Despite this challenge, they manage to complete the delivery, emphasizing the importance of perseverance and building a good reputation for future contracts.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the narrator believe is crucial for becoming a major player in the industry?

Having a large fleet of trucks

Investing in technology

Hiring the right team members

Expanding internationally

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of securing the first loads for the new company?

It helps in building a brand

It is crucial for starting the business

It ensures financial stability

It attracts investors

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the narrator hope to achieve by being part owner of the new company?

To gain more control over operations

To increase personal income

To retire early

To build a successful business

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What problem does Lisa face during the first delivery run?

She faces a traffic jam

She gets lost on the route

Her truck breaks down

Her truck runs out of fuel

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the narrator do to address the truck breakdown?

Calls for roadside assistance

Tries to fix it himself

Plans to return to Winnipeg

Waits for Lisa to fix it

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the financial impact of the truck breakdown on the new company?

It causes a need for additional investment

It results in a delay of future deliveries

It consumes all the profit from the load

It leads to a loss of clients

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the narrator's plan for the new company after the initial challenges?

To expand the fleet

To build a strong clientele and reputation

To hire more employees

To focus on marketing

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