Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What has caused the government to forecast a rapid slowdown in economic growth in Country A?
What has caused the government to forecast a rapid slowdown in economic growth in Country A?
- The reduction in unemployment rate in the large town
- The closure of all factories by a multinational business (correct)
- The increase in average incomes of the town
- The expansion of the local restaurant industry
Why is the Central Bank raising interest rates in Country A?
Why is the Central Bank raising interest rates in Country A?
- To reduce unemployment rate in the large town
- To attract foreign investment and boost economic growth
- To reduce inflationary pressures caused by higher world prices of energy and raw materials (correct)
- To encourage borrowing and spending in the economy
What dilemma is June facing regarding her restaurant expansion?
What dilemma is June facing regarding her restaurant expansion?
- Whether to take a risk and raise capital despite the economic forecasts for Country A (correct)
- Whether to expand the restaurant without considering economic conditions
- Whether to invest in the energy and raw materials market
- Whether to close down the restaurant due to higher interest rates
What type of organisational structure does June use for her restaurant?
What type of organisational structure does June use for her restaurant?
Signup and view all the answers
What is the cost of the strategy to double the size of the restaurant and fit it out with high-quality fittings?
What is the cost of the strategy to double the size of the restaurant and fit it out with high-quality fittings?
Signup and view all the answers
What is the primary drawback of the smaller extension option for June's restaurant?
What is the primary drawback of the smaller extension option for June's restaurant?
Signup and view all the answers
Why is June considering an expansion of her restaurant?
Why is June considering an expansion of her restaurant?
Signup and view all the answers
