CLEAN:BP share price dives on oil spill concerns

The transcript discusses the financial and reputational impact on BP following an accident. BP's share price dropped significantly, and while financial recovery might be swift depending on cleanup and insurance, the company's reputation could suffer for decades.

What was the immediate financial consequence for BP following the Horizon accident?

• A 20% drop in share price

• No change in share price

• A 5% increase in share price

• A 12% drop in share price

What factors could influence BP's financial recovery after the accident?

• The amount of oil spilled

• The number of new oil wells discovered

• The weather conditions during the cleanup

• The speed of the cleanup and insurance negotiations

Which of the following is NOT a factor mentioned that could affect BP's financial recovery?

• Speed of cleanup

• Shareholder meetings

• Insurance outcomes

• Public opinion

How might BP's reputation be affected in the long term due to the accident?

• It could be damaged for decades

• It might remain unchanged

• It could be forgotten quickly

• It could improve significantly

What is the potential long-term impact on BP's reputation according to the transcript?

• It could be improved

• It could be damaged for decades

• It could be unaffected

• It could be enhanced