Nomad Foods Is Fully Prepared for Brexit, CEO Says

Nomad Foods Is Fully Prepared for Brexit, CEO Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the minimal impact of recent events on the business, highlighting readiness for Brexit and ongoing growth. It covers supply chain adjustments, investment opportunities, and market readiness. The company is focusing on expanding its meat substitutes segment, leveraging its leadership in the frozen food market.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the business is not impacted due to its widespread presence in Europe?

70%

95%

50%

85%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major event is the company preparing for in 2019?

A financial audit

A merger

A new product launch

Brexit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the strategies being considered to mitigate the impact of tariffs?

Reducing workforce

Changing supply routes

Expanding in Asia

Increasing prices

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much cash does the company have to spend on opportunities amid Brexit?

€900 million

€700 million

€500 million

€1 billion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which sector is the company planning to make short-term acquisitions?

Technology

Frozen food

Automotive

Pharmaceuticals

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the company's business does meat substitutes currently represent?

10%

2%

5%

1%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's strategy to grow its meat substitutes segment?

Reducing prices

Dedicating a full organization

Partnering with competitors

Focusing on local markets