L&G CEO Expects ‘Profound Change’ From Coronavirus Pandemic

L&G CEO Expects ‘Profound Change’ From Coronavirus Pandemic

Assessment

Interactive Video

Created by

Quizizz Content

Business, Social Studies, Life Skills

University

Hard

The video discusses the profound changes in work habits due to remote work, highlighting the reduced need for commuting and increased use of technology. It explores the impact on real estate and the need for investment in housing, research, and climate change. The discussion covers economic challenges, including Brexit and health issues, and emphasizes the importance of a measured response to crises. The video also addresses the need for job creation and local economic strategies, urging businesses and local leaders to invest in growth opportunities.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one major benefit of remote work mentioned in the video?

Higher utility bills

Less commuting

Increased office space

More face-to-face meetings

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key area that requires more investment according to the video?

Luxury retail

Housing

Fast food chains

Sports facilities

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the video suggest Britain should approach its economic strategy?

Spend more than invest

Invest more than spend

Rely on foreign investments

Focus solely on digital industries

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential risk to economic recovery mentioned in the video?

Excessive government spending

Lack of innovation

Overproduction

Patchy recovery due to lockdowns

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the video suggest is necessary for a better economic outcome?

Immediate large-scale investments

Measured and thoughtful responses

Centralized government control

Complete reliance on technology

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role do local businesses play in economic recovery according to the video?

They should wait for government aid

They should focus on international markets

They should step up and provide solutions

They should reduce their workforce

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a suggested approach to creating new jobs post-crisis?

Focus on local multipliers

Import foreign labor

Increase taxes

Rely on traditional industries