GE Aims to Double Africa Revenue in 3-5 Years

GE Aims to Double Africa Revenue in 3-5 Years

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the impact of fluctuating commodity prices on African economies, particularly those where GE operates. It highlights GE's growth in Africa, tripling its revenue since 2011, and its future goals to continue investing in key industries like power, healthcare, and rail. The conversation also touches on the challenges posed by the Export-Import Bank's limitations and GE's strategies to secure financing from other countries. Overall, the focus is on long-term investment and growth opportunities in Africa despite short-term economic challenges.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor in dealing with the cycles of commodity prices in Africa?

Short-term investment strategies

Complete reliance on oil and gas

Long-term perspective and continued investment

Immediate withdrawal from the market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which industry is highlighted as a major opportunity for GE in Africa?

Textile

Automobile

Tourism

Power

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has GE responded to the challenges posed by the strong dollar?

By seeking strategic investment opportunities

By halting all investments

By focusing solely on oil and gas

By reducing operations in Africa

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a consequence of the export-import bank's current situation for GE?

GE is solely relying on the US market

GE is seeking financing alternatives in other countries

GE is giving business away to China

GE has stopped all international operations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is GE adapting to the lack of a quorum in the export-import bank?

By closing African operations

By reducing its workforce

By finding alternative financing sources

By increasing prices