ThyssenKrupp Reports First Profit in Four Years

ThyssenKrupp Reports First Profit in Four Years

Assessment

Interactive Video

Business

University

Hard

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The video discusses Thyssenkrupp's financial recovery, highlighting the resumption of dividends and return to profitability after years of losses. It explores the company's growth in tech and industrial sectors, while addressing challenges in the US unit. The focus shifts to diversification into high-margin areas like elevators and car components, moving away from traditional steelmaking. The video also covers internal changes, including corporate culture shifts and cost-cutting measures, to improve efficiency and profitability.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the company adjusted its focus in response to the collapse of steel prices?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did the company face due to the old corporate culture?

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