Is Takata Facing a 'Titanic Hitting Iceberg' Moment?

Is Takata Facing a 'Titanic Hitting Iceberg' Moment?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the analogy between Takata and the Titanic, highlighting the hidden issues beneath the surface, similar to an iceberg. It delves into the costs and liabilities associated with Takata's airbag recalls, noting the uncertainty in recognizing costs for airbags with unknown root causes. The discussion also covers the potential for ongoing headlines as automakers announce recalls and other markets follow suit, emphasizing the legal liabilities Takata may face in the US.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What analogy is used to describe the situation with Takata's airbag recalls?

A burning building

A collapsing bridge

An iceberg

A sinking ship

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges mentioned in the first section regarding the airbag recalls?

High production costs

Unclear root cause for many airbags

Lack of customer interest

Limited availability of replacement parts

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential legal issue does Takata face in the US?

Environmental violations

Class action lawsuits

Tax evasion

Patent infringement

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent development in the US is expected to keep the Takata story in the headlines?

Partnership with a new automaker

Doubling the size of the recall

Introduction of new airbag models

Launch of a new marketing campaign

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which other country is mentioned as likely to follow the US in recalling Takata airbags?

Australia

Japan

China

Germany