Looking Around the World to Find New Products, Says JD Wetherspoon's Martin

Looking Around the World to Find New Products, Says JD Wetherspoon's Martin

Assessment

Interactive Video

Business

University

Hard

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The transcript covers various business topics, including revenue trends, the impact of currency fluctuations, and the implications of Brexit on trade. It discusses immigration policies and their effect on employment, as well as strategies for sourcing products amid tariff challenges. The conversation also touches on business expansion plans and the strategic decisions involved in opening new locations.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for the company's like-for-like sales being higher than overall sales?

Higher demand for products

Increased marketing efforts

Selling a few pubs over the years

Opening new locations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the speaker view the impact of a floating currency?

As an automatic stabilizer

As a barrier to international trade

As a disadvantage for businesses

As a reason for increased costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's opinion on the EU withdrawal deal?

It will increase trade opportunities

It is a bad thing

It will reduce tariffs

It is beneficial for the economy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the speaker, what is a benefit of leaving the EU?

Control over fishing areas

More expensive products in shops

Higher tariffs on imports

Increased immigration from the EU

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's strategy regarding opening new pubs?

Opening fewer pubs than before

Expanding rapidly in international markets

Opening as many pubs as possible

Focusing on larger cities only