CLEAN : Lloyd's had to open Europe office following Brexit: CEO

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Business
•
11th - 12th Grade
•
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 an EU subsidiary?
To increase global revenues
To reduce operational costs
To continue providing insurance in the EU post-Brexit
To expand into new markets
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What made the decision of the EU subsidiary's location difficult?
High operational costs
Lack of suitable countries
Political instability
Many countries met the desired criteria
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many people are expected to be needed in Brussels for the EU subsidiary?
30 to 40
5 to 10
20 to 30
10 to 20
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the intended total number of employees for the EU subsidiary?
30
40
50
60
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main goal of the operational changes being implemented?
To expand into new markets
To increase profits
To make business with Lloyds easier
To reduce employee numbers
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