Please answer the following multiple choice questions. 1. After extensive steps to remake GM, what information became
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 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.