Snap Slumps After Second CFO Departure in a Year

Snap Slumps After Second CFO Departure in a Year

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the ongoing executive turnover at Snap, highlighting management challenges and disputes over roles. It compares Snap's market cap with Twitter's, noting Snap's decline. The video emphasizes the importance of user growth for Snap's advertising revenue and the need for consistent management to overcome growth challenges.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been a significant issue for Snap Inc. regarding its executive team?

Lack of qualified candidates

Disputes over executive roles

Excessive executive compensation

Too many external hires

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Evan Spiegel reportedly mishandle an executive transition?

By rescinding an offer and giving it to someone else

By not consulting the board of directors

By delaying the transition process

By promoting an unqualified candidate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Snap's initial goal when it went public?

To focus solely on user growth

To surpass Facebook's market cap

To become the leading social media platform

To differentiate itself from Twitter

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor for Snap's advertising revenue growth?

Developing new features

Expanding into new markets

Reducing operational costs

Increasing the number of users

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Snap reveal about its earnings for the current quarter?

They would be below expectations

They would significantly exceed expectations

They would be slightly favorable to the top end

They would remain unchanged