Halcyon Looking to Grab 20% Rubber Market in 2 Years

Halcyon Looking to Grab 20% Rubber Market in 2 Years

Assessment

Interactive Video

Business, Biology

University

Hard

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The video discusses a recent merger involving Sinochem's global natural rubber franchise and outlines future growth plans aiming for a 20% global market share. It highlights industry challenges, including sustainability and volatility, particularly in the Chinese market. The speaker emphasizes the need for a new pricing model to stabilize the market and encourage investment.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary goal of the company after the merger?

To focus solely on the Chinese market

To reduce market share

To maintain momentum and increase market share

To exit the natural rubber industry

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the 'right-sized business' in the natural rubber industry aim to achieve?

Focus only on price reduction

Ensure fair remuneration and sustainability

Eliminate all competition

Maximize profits at any cost

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is sustainability important in the natural rubber industry?

It reduces production costs

It is a legal requirement

It increases volatility

It addresses health and safety concerns

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major challenge in the Chinese rubber market?

High production costs

Volatility and speculative trading

Excessive regulation

Lack of demand

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the proposed solution to address market volatility?

Increase speculation

Find a new pricing strategy

Reduce production

Focus on short-term profits