
Foxconn Cuts Outlook, Quarantines IPhone Base
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Business
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University
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Practice Problem
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was Foxconn's initial growth expectation for the year before the coronavirus outbreak?
1% to 2%
3% to 5%
5% to 7%
7% to 9%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By how many percentage points did Foxconn revise its growth outlook?
1 percentage point
3 percentage points
4 percentage points
2 percentage points
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the estimated impact of the revised outlook on Foxconn's revenue?
One day worth of revenue
One week worth of revenue
One year worth of revenue
One month worth of revenue
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Foxconn's shares react to the revised outlook?
Shares increased by 5%
Shares decreased by 20%
Shares were unaffected
Shares remained largely stable
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What quarantine measure is Foxconn implementing for workers returning to the iPhone city?
21 days quarantine
14 days quarantine
7 days quarantine
10 days quarantine
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