Bombardier Sees 2017 Profit Gain as Cuts Kick In

Bombardier Sees 2017 Profit Gain as Cuts Kick In

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses Bombardier's financial recovery, including stock price increases and revenue forecasts. It highlights significant job cuts and cost control efforts due to slow C Series sales. The company is in talks with the Canadian government for potential future financial support. The impact of the Trump presidency on Bombardier, particularly regarding NAFTA, is also explored.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the stock price of Bombardier in February before it tripled?

$1.50

$0.50

$0.72

$1.00

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many job cuts did Bombardier initially announce before doubling the number?

10,000

7,000

15,000

5,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons Bombardier is cutting costs?

To increase stock prices

To meet government regulations

Due to slow sales of the C Series

To expand into new markets

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential future scenario might require Bombardier to seek government financial support?

A drop in stock prices

A merger with another company

A new financial crisis

An increase in job cuts

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What concern does Bombardier have regarding the Trump presidency?

Increased taxes on aerospace products

Renegotiation of NAFTA

Reduction in government contracts

New environmental regulations