Giant Ship Finally Freed, Allowing Canal to Reopen

Giant Ship Finally Freed, Allowing Canal to Reopen

Assessment

Interactive Video

Business, Architecture, Engineering

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the challenges faced by the CMA Group in managing diversified businesses, particularly in the supply chain sector. It highlights the impact of large vessels on global trade routes like the Suez Canal and explores alternative shipping routes. The discussion also covers the need for infrastructure investment and human capital in supply chains. The video concludes with an analysis of commodity market dynamics, emphasizing the inflationary pressures and future outlook for various commodities.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the main causes of market volatility discussed in the video?

The rise in consumer demand

The increase in oil prices

The blockage of the Suez Canal

The decrease in shipping costs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential solution to the risk posed by large vessels?

Using faster ships

Increasing the number of vessels

Reducing the size of vessels

Building more canals

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one advantage of shipping around the Cape instead of through the Suez Canal?

Faster delivery times

Lower fuel consumption

Avoiding toll fees

Increased cargo capacity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major challenge faced by ports according to the video?

Overcapacity of vessels

Undersized infrastructure

Excessive tariffs

Lack of technology

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the need for higher inventory levels affect the commodity markets?

It decreases demand

It stabilizes prices

It creates additional demand

It reduces supply

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason for the sluggish demand for oil products like diesel and jet fuel?

Increased competition

Slow economic recovery

Limited storage capacity

High production costs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor exacerbating the challenges in global supply chains?

Technological advancements

Increased shipping costs

Lack of skilled labor

Human capital issues