Briefly describe GM's position in the global market prior to 2007. In your description, discuss two risk factors impacting GM prior to the Great Recession. For example, one of GM's risk factors was maintaining high fixed costs and low flexibility in the management of its variable costs - labor costs. In your discussion on the two risk factors, elaborate on this risk factor (high fixed costs and low flexibility in the management of its labor costs), and provide and discuss an additional risk factor. Also, include in this description a brief explanation about the relationship between GM and the health of the economy