General Electric Slashes 2017 Profit Forecast

General Electric Slashes 2017 Profit Forecast

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses General Electric's financial challenges, focusing on organic revenue growth, industrial performance, and significant cuts in earnings and cash flow targets. It highlights the strategic shift under the new CEO, who aims to address cost issues and set a clearer path for future growth. The CEO is preparing for an upcoming analyst meeting, intending to take initial hits to improve long-term performance.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the typical range for General Electric's organic revenue growth as mentioned in the video?

1% to 2%

3% to 6%

11% to 15%

7% to 10%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the expected cash flow target for General Electric before the adjustments?

7 to 8 billion

5 to 6 billion

12 to 14 billion

15 to 16 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant financial metric did General Electric miss, leading to a larger than expected cut?

Revenue

Market Share

Net Profit

EPS

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the new CEO's likely strategy according to the video?

Expanding into new markets

Maintaining the status quo

Clearing the decks for future improvements

Focusing solely on cost-cutting

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the anticipated outcome of the new CEO's approach?

Immediate financial gains

Short-term losses with long-term improvements

No significant changes

Increased market volatility