Question 5.A.21: Provide two examples of businesses that are likely to be: (a...

(a) Businesses that are likely to be badly hit by recession include those selling expensive or luxury goods and services such as:

■ hotels and restaurants
■ travel companies
■ house builders and construction companies
■ airlines
■ jewellers.

(b) Businesses that are likely to be only slightly affected by recession include those selling essential goods and services such as:

■ gas and electricity suppliers
■ water suppliers
■ basic food retailers and producers
■ undertakers.