The Co-Operative Group Reports Heavy Losses

The Co-Operative Group Reports Heavy Losses

Assessment

Interactive Video

Business

University

Hard

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The Co-op group is facing significant financial challenges due to its troubled banking arm and a failed merger, resulting in a need for 1.5 billion pounds in emergency cash. The banking arm's losses have severely impacted the entire group, which includes various business sectors like travel, food, and insurance. The Co-op's ethical values are questioned due to a lack of transparency about these issues. Despite the challenges, the Co-op's members, who are also its customers, remain a vital asset for the business's future.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the other businesses included in the Co-op besides banking?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What ethical values does the Co-op claim to uphold, and how have they been challenged?

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