Sabic CEO Says Co. Needs to Focus on Capex Discipline in 2021

Sabic CEO Says Co. Needs to Focus on Capex Discipline in 2021

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses the response to COVID-19 by business leaders and the G20, emphasizing the importance of avoiding complete lockdowns due to their economic and social impacts. It highlights the proactive measures taken by the G20, including stimulus packages focusing on SMEs and startups. The importance of US-China relations and free trade is also discussed, along with B20's policy recommendations. The video concludes with a focus on SABIC's return to profitability, its strategic priorities, and financial outlook, including maintaining a strong balance sheet and dividend policy.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason the business community is against a complete lockdown?

It would lead to increased government control.

It has both economic and social implications.

It would result in higher taxes.

It would cause a loss of international trade.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the G20's response to COVID-19 differ from their response to the 2008 financial crisis?

They were less proactive this time.

They focused more on large corporations.

They provided stimulus packages and focused on SMEs and startups.

They avoided any fiscal measures.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the key policy recommendations from the B20 to re-energize the global economy?

Reduce government spending.

Focus solely on large enterprises.

Promote free trade and better funding access for SMEs.

Increase tariffs on imports.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of female participation does B20 Saudi Arabia have in its members?

44%

20%

33.7%

50%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is SABIC's main focus to maintain profitability during the COVID-19 pandemic?

Expanding into new markets.

Focusing on reliability, cost management, and serving loyal customers.

Reducing workforce.

Increasing borrowing to protect dividends.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is SABIC's stance on borrowing to protect dividends?

They have no plan to borrow and maintain a strong balance sheet.

They will borrow only if necessary.

They have already borrowed extensively.

They plan to borrow significantly.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has SABIC managed its credit rating during the pandemic?

By increasing its debt significantly.

By cutting down on production.

By maintaining a strong balance sheet and extending bond tenors.

By reducing its workforce.