Transport Secretary says Thomas Cook business model "built for the last century"

Transport Secretary says Thomas Cook business model "built for the last century"

Assessment

Interactive Video

Social Studies, Business

University

Hard

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary reason for setting up a 'shadow airline'?

To compete with other airlines

To offer cheaper flights

To bring stranded travelers back home

To expand Thomas Cook's business

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the government not routinely bail out companies?

Because it's not the government's role to run travel companies

Because all companies are flourishing

Because the market is stable

Because there are no successful airlines

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the government's plan for Thomas Cook employees?

To provide financial compensation

To set up a task force to help them find new jobs

To send them abroad for training

To offer them positions in the government

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the scale of the Thomas Cook repatriation compare to the Monarch collapse?

It is smaller

It is about the same size

It is approximately 50% larger

It is twice as large

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated cost of the Thomas Cook repatriation?

£600 million

£50 million

£100 million

£300 million