Question
Please answer the following multiple choice questions. 1. After extensive steps to remake GM, what information became public that called into question the success of
Please answer the following multiple choice questions.
1. After extensive steps to remake GM, what information became public that called into question the success of GM's change
initiatives?
O The Bolt needed to be recalled.
O The Chevrolet Cobalt and Bolt needed to be recalled.
O The Chevrolet Cobalt and Pontiac GS5 needed to be recalled
O The Chevrolet Volt and the Pontiac GS5 needed to be recalled.
O None of the answers are correct.
2. What restructuring efforts did CEO Richard Wagoner carry out?
O eliminated dozens of plants
O eliminated tens of thousands of jobs
O eliminated hundreds of dealers
O All of the answers are correct.
O None of the answers are correct.
3. What did the U.S. government ask from CEO Richard Wagoner in exchange for lending financial support to GM?
O demotion
O resignation
O public apology
O pledge of corrective action
O financial penalty of $35 million
4. What happened to GM in July 2009?
OGM filed for Chapter 11 bankruptcy.
O GM filed for Chapter 7 bankruptcy.
O GM was hit with a frivolous lawsuit.
O GM was asked to issue a public apology for causing injuries and deaths
O GM was asked to pay $35 million as a financial penalty.
5. Barra was repositioning GM for profitability What steps did she take?
O refocused GM through strategic investments
O reduced the number of brands to focus innovation efforts
O invested $500 million in Lyft
O created Maven. a ride-sharing start-up
O All of the answers are correct.
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