No Job Cuts Planned at This Stage, Says Michelin CFO

No Job Cuts Planned at This Stage, Says Michelin CFO

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of the global crisis on vehicle demand and the strategies employed by a company to manage factory reopenings, cost management, and supply chain localization. It highlights the company's resilience through stress tests, the importance of sanitary measures for reopening, and the focus on local production to minimize environmental impact. The discussion also touches on the potential shifts in globalization and the effects of commodity price changes.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's primary market focus according to the first section?

Original equipment market

Replacement market

Luxury vehicle market

Electric vehicle market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two conditions necessary for reopening factories?

Employee training and new equipment

Sanitary measures and customer demand

Market research and competitor analysis

Government approval and financial stability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which industry is mentioned as one of the last to restart operations?

Agriculture

Transportation

B2C passenger car tires

Military

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's stance on restructuring measures?

They are planning major restructuring

They are not considering any restructuring

They have already implemented restructuring

They are considering minor restructuring

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company plan to manage its supply chain post-crisis?

By maximizing local production

By increasing imports from China

By outsourcing to third-party manufacturers

By centralizing production in one location

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's view on the impact of the coronavirus crisis on globalization?

It will increase globalization

It is too early to draw conclusions

It will have no impact

It will end globalization

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When does the company expect to benefit from the drop in commodity prices?

Not at all

In the first half of the year

In the second half of the year

Immediately