Recession2

=**The Effects of Global Recession** =

**//Businesses are affected by global recession in a range of ways.// **

Task One
In the 2009/10 financial year, the NZ Rugby Union made significant losses which they blamed on the Recession. Watch the video at the following link and complete the table below mapping the effects of the recession on the NZRU.

NZ Rugby Union unveils $15.9mill loss

//**Complete the table**// The 1st Column Identifies four different functions (or departments) of the NZRU. Your groups' job is to identify //**at least two**// impacts that the global recession has had, or might have had, on each of the NZRU functions. Use the first column to identify any impacts that you were directly told about in the video. Use the second column to identify those impacts that you are suggesting based on your own knowledge of the business and the recession.


 * **Business Function** || **What I KNOW happened based on the video** || **What I think is likely to happen given the recession** ||
 * Finance Department ||  ||   ||
 * Human Resources Department ||  ||   ||
 * Ticket Sales Office ||  ||   ||
 * Corpoarte Sponsorship Department ||  ||   ||

 //**Group Discussion**// Share your answers with your group, and fill in any 'gaps' in your own table. You may want to improve on your table as a group, and ammend your original answers as you disucss the ideas that are raised.

<span style="font-family: Verdana,Geneva,sans-serif; font-size: 10pt;"> **//Add to your portfolio//** <span style="font-family: Verdana,Geneva,sans-serif; font-size: 10pt;">Add the completed table to your portfolio. **Checkpoint!**

<span style="font-family: Verdana,Geneva,sans-serif; font-size: 10pt;">**// Before you move on to the next page, you should have added the following things to your portfolio: //**
 * <span style="font-family: Verdana,Geneva,sans-serif; font-size: 10pt;">**// The table of impacts of the recession on the NZRU is added to your portfolio //**



<span style="font-family: Verdana,Geneva,sans-serif;">**//﻿//** <span style="font-family: Verdana,Geneva,sans-serif;">**//﻿//**