Shares in Ford plunged today after the car manufacturer warned a shortage of semi-conductor microchips could force a cut

Shares in Ford plunged today after the car manufacturer warned a shortage of semi-conductor microchips could force a cut

Assessment

Interactive Video

Business, Science, Computers

9th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the global shortage of silicon chips and its impact on various industries. It highlights how supply chains have been disrupted, leading to longer lead times and increased costs. The shortage is exacerbated by production challenges in key regions like Taiwan and the US. Industries such as automotive and electronics are particularly affected, with companies like BMW, Ford, and Apple facing production delays and financial losses. Consumers are also impacted, experiencing higher prices and limited availability of products. The situation may take up to two years to stabilize.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the change in lead times for components due to the silicon chip shortage?

From 6 weeks to 30 weeks

From 4 weeks to 18 weeks

From 12 weeks to 60 weeks

From 12 weeks to 24 weeks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which environmental factor has affected silicon production in Taiwan?

Earthquakes

Hurricanes

Floods

Drought

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the semiconductor shortage affected the automotive industry?

Increased production of electric vehicles

Closure of manufacturing plants

Increased availability of spare parts

Reduction in vehicle prices

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company mentioned in the transcript predicts a significant financial impact due to chip shortages?

Tesla

Apple

Ford

BMW

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence for consumers due to the semiconductor shortage?

Faster delivery times

Increased availability of products

Lower prices for electronic devices

Higher prices and limited availability