Support for businesses facing rising energy costs unveiled

Support for businesses facing rising energy costs unveiled

Assessment

Interactive Video

Business, Science, Other

10th - 12th Grade

Hard

Created by

Quizizz Content

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The transcript discusses the challenges faced by a niche market distillery, including the high costs and supply issues of bottles, as well as the impact of rising energy costs. Strategies to reduce energy consumption are mentioned, along with the implications of energy measurement and revenue. The discussion highlights the difficulties in meeting supplier demands and the changes in rules affecting energy costs.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges faced by the boutique distillery in sourcing bottles?

Lack of skilled labor

High minimum order requirements from suppliers

Inadequate production facilities

Poor quality of raw materials

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the distillery attempted to manage rising electricity costs?

By outsourcing production

By switching to solar energy

By slowing down the kilns

By increasing production

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a limitation of the distillery's efforts to reduce energy consumption?

It only works for a limited time

It leads to lower product quality

It increases labor costs

It requires significant investment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one effect of rising energy costs on the distillery's financials?

Decreased tax revenue

Lower production costs

Increased transportation income

Higher standing charges

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent change affected the distillery's eligibility for benefits?

Changes in energy regulations

Introduction of import tariffs

Alteration in labor laws

New tax laws