Commerzbank Looks to Sharpen Strategy

Commerzbank Looks to Sharpen Strategy

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video covers a company's annual general meeting where the CEO discusses the need to sharpen strategy and the potential for mergers and acquisitions (M&A). Concerns about major banks like Deutsche Bank and Commerzbank are highlighted, especially in light of economic uncertainties. The CEO emphasizes the importance of growth and employee retention, considering options beyond organic growth while avoiding layoffs.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the CEO's main point during the annual general meeting?

The decision to cut down on marketing expenses

The plan to expand into new markets

The importance of sharpening the company's strategy

The need to increase employee salaries

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which banks were mentioned in relation to M&A activities?

HSBC and Barclays

ING and BNP

Santander and BBVA

Citibank and Wells Fargo

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are German regulators concerned about regarding Deutsche Bank and Commerzbank?

Their expansion into Asia

Their environmental policies

Their current financial stability

Their involvement in cryptocurrency

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential downside of acquiring a bank with existing issues?

Reduced customer base

Inheriting all their problems

Increased marketing costs

Higher employee turnover

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the company express about their employees in the context of cost-cutting?

They will offer early retirement packages

They plan to reduce the workforce significantly

They want to retain all employees

They will outsource more jobs