Holidays 4 U Goes into Administration

Holidays 4 U Goes into Administration

Assessment

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Business

University

Hard

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Holidays for UK, a small travel company specializing in package holidays to Turkey, has announced its closure due to market challenges. The company, which has been in business for 17 years and employs 18 people, is unable to continue trading and has called in administrators. Approximately 12,000 travelers currently abroad are expected to be repatriated, while 20,000 with pre-booked holidays will not be able to travel. These customers are advised not to go to the airport and can claim refunds through the CIA. The company will cease trading immediately, and all staff will be made redundant.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the immediate action taken by Holidays for UK after announcing its closure?

They offered discounts on future bookings.

They expanded their services to new destinations.

They called in administrators.

They merged with another company.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many people are estimated to be currently abroad on holidays booked through the company?

20,000

12,000

10,000

5,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should travelers with pre-booked holidays do to claim their refunds?

Contact the airline directly.

Wait for an automatic refund.

Visit the nearest travel agency.

Submit a claim to the CIA.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary market focus of Holidays for UK?

Package holidays to Turkey

Package holidays to Spain

Adventure holidays in Asia

Cruise holidays

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long had Holidays for UK been in business before closing?

17 years

10 years

5 years

25 years