StanChart's Investors Offer Muted Response to Three-Year Plan

The CEO announced a three-year plan to save $700 million by cutting costs and restructuring emerging market businesses in countries like India and South Korea. However, the market response was muted, with shares down 40% since 2015. The company operates in 60 geographies and may need to focus its efforts more strategically. Balancing global growth with cost management is a challenge.

What was the primary goal of the CEO's three-year plan?

• To save $700 million by cutting costs

• To increase employee salaries

• To expand into new markets

• To launch new products

How did the stock market react to the CEO's announcement?

• The stock prices soared

• The stock prices remained stable

• The stock prices fell

• The stock prices doubled

Since the CEO took over in 2015, how much have the company's shares fallen?

• 20%

• 30%

• 40%

• 50%

What is one of the main challenges companies face when trying to expand globally?

• Increasing local advertising

• Finding new employees

• Balancing growth with cost management

• Developing new technologies

What is the company considering in terms of its global operations?

• Expanding into 100 new countries

• Restructuring to focus on key areas

• Hiring more international staff

• Closing all international offices