Schneider Electric CEO Looks to the Future as Brexit Looms

Schneider Electric CEO Looks to the Future as Brexit Looms

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Business

University

Hard

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The transcript discusses a company's strategic investments in the UK, highlighting the technological value and talent found there. It covers major acquisitions like Invensys and Aviva, which have bolstered the company's industrial automation capabilities. The potential impact of a no-deal Brexit is also addressed, with concerns about talent retention and investment strategies. The company is prepared for various Brexit outcomes, emphasizing a multi-local approach to maintain operations.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did the company choose to invest in the UK despite Brexit concerns?

Due to the technological value of UK companies

To expand their retail market

Because of the low cost of labor

To avoid taxes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the major investments made by the company in the UK?

Acquiring a retail chain

Investing in renewable energy

Acquiring Invensys

Building a new headquarters

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of the company's merger with Aviva?

It reduced their operational costs

It created a leading technology company in the UK

It increased their workforce by 10,000

It expanded their market to Asia

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the UK considered a strategic location for the company?

Because of its fantastic talent and creativity

Due to its geographical location

Because of its low taxes

Due to its large consumer market

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the company preparing for a potential no-deal Brexit?

By leveraging their local industrial sites

By relocating their headquarters

By reducing their workforce

By halting all UK operations