CLEAN : International community discuss impacts of Shanghai lockdown on businesses

CLEAN : International community discuss impacts of Shanghai lockdown on businesses

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the potential reduction in investment by companies due to ongoing lockdowns and restrictions. Companies in Shanghai face operational challenges, needing special permissions to operate, and must work in closed loops. Supply chain issues are exacerbated by a lack of truck drivers and necessary permits, creating a logistics bottleneck. If lockdowns persist, significant impacts on business revenues and profits are expected.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What approach are companies taking in response to the uncertainty caused by lockdowns?

Aggressively expanding operations

Adopting a 'wait and see' approach

Increasing investment immediately

Shutting down permanently

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which industries are allowed to operate under special permissions during the lockdown in Shanghai?

Automobile and aviation

Chemical, food, and pharmaceutical

Technology and software

Textile and fashion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge for companies that are allowed to operate during the lockdown?

Lack of skilled workers

Increased competition

High operational costs

Operating in a closed-loop system

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is causing the logistics 'black hole' during the lockdown?

Increased demand for goods

Lack of truck drivers and necessary permits

Overproduction of goods

High fuel prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could be the impact on business revenues if the lockdown continues?

Severe impact on revenues and profits

No significant change

Increase in profits

Improvement in supply chain efficiency