Sainsbury CEO on Retail Price Impact of Pound, Brexit

Sainsbury CEO on Retail Price Impact of Pound, Brexit

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses the impact of currency fluctuations and commodity markets on operating costs, particularly in the context of Brexit. It highlights the strategic opening of a new store combining Sainsbury's and Argos brands to meet customer needs for a one-stop shopping experience. The challenges of predicting future currency impacts and mitigating cost changes through the supply chain are explored. Additionally, the importance of maintaining free trade and diversity in the retail sector amidst Brexit is emphasized.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised regarding the timing of the store opening?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the currency affected the operating costs according to the speaker?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What unique opportunity does the new store provide to customers?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's perspective on the impact of Brexit on their business?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker believe is important for the future of their business in relation to diversity?

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