BASF CEO on Return to Profit Growth, Trade, Business Structure

BASF CEO on Return to Profit Growth, Trade, Business Structure

Assessment

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Business, Architecture, Social Studies

University

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The video discusses the automotive industry's slowdown in 2018 and forecasts a slight recovery in 2019. It highlights global economic concerns, particularly trade frictions between the US, China, and the EU, impacting growth. The corporate strategy of BASF is examined, emphasizing its diversified portfolio and integration of value chains. Challenges faced due to low water levels in the River Rhine and their impact on operations are also addressed.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the state of the automotive industry in 2018?

It faced a significant slowdown.

It remained stable throughout the year.

It experienced significant growth.

It saw a major recession.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected world economic growth rate change from 2018 to 2019?

From 2.8% to 3.2%

From 3.2% to 2.8%

From 3.2% to 3.5%

From 2.5% to 3.0%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major factor affecting global economic climate according to the transcript?

Trade frictions initiated by the US

Natural disasters

Technological advancements

Political stability

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is BASF's approach to its business portfolio?

Focusing solely on high-end chemicals

Following industry trends without deviation

Maintaining a diversified portfolio with integrated value chains

Specializing in raw materials only

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has BASF's portfolio changed over the last 10 years?

It has remained unchanged.

It has divested 20 billion in sales and acquired 7 to 8 billion.

It has only focused on divestments.

It has only focused on acquisitions.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the impact of low water levels in the Rhine on BASF?

It improved transportation efficiency.

It had no significant impact.

It led to an increase in earnings.

It reduced plant utilization and impacted earnings by 250 million euros.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What measures is BASF taking to handle the low water levels in the Rhine?

Building new dams

Reducing production permanently

Stock building and new modes of ship transportation

Increasing reliance on air transport