Don't Lend Me Money Based on Employees I Don't Need, Bongo Java Owner Says

Don't Lend Me Money Based on Employees I Don't Need, Bongo Java Owner Says

Assessment

Interactive Video

Business, Life Skills

University

Hard

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FREE Resource

Bob discusses the challenges faced by small businesses due to hastily implemented government programs like the PPP. He highlights issues such as restrictive loan conditions, the difficulty of rehiring employees, and the need for businesses to adapt to new social distancing norms. Bob calls for more flexible government support and emphasizes the importance of addressing long-term economic inequities. He also notes the reluctance of employees and customers to return without a vaccine, impacting the viability of small businesses in Nashville.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the main issues Bob identified with the government programs for small businesses?

They were only available to large corporations.

They were implemented too slowly.

They had restrictive rules that hindered business operations.

They were too expensive.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did some employees prefer not to return to work according to Bob?

They found new jobs elsewhere.

They were making more money on unemployment benefits.

They were afraid of getting sick.

They were not informed about the reopening.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Bob suggest about the government's role in supporting businesses?

The government should reduce taxes for small businesses.

The government should focus on paying employees directly.

The government should dictate the number of employees each business needs.

The government should provide loans for business expansion.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What long-term issue does Bob believe needs to be addressed to solve economic problems?

Reducing business taxes.

Improving public transportation.

Increasing minimum wage.

Addressing economic inequity.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant concern for customers and employees about returning to cafes and restaurants?

Absence of a vaccine.

High prices.

Limited parking spaces.

Lack of new menu items.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the small business climate in Nashville been changing according to Bob?

It has been improving due to increased tourism.

It has been declining due to high real estate prices.

It has been growing due to government support.

It has remained stable over the years.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Bob hope the government will focus on in the future?

Increasing funding for large corporations.

Long-term policies to address economic inequity.

Reducing regulations for all businesses.

Short-term fixes for immediate relief.