Please answer the following multiple-choice questions.

1. What are some of the core issues that might interfere with GM's expected future if the company fails with their technology initiatives?

• Cadillac ranks 27 out of 31 luxury brands
• repositioning Buick to a younger demographic is a challenging objective
• sales of the Chevrolet Bolt have been lackluster, despite the promise of electric cars and offering a competitively priced option
• Cruise is already testing 180 self-driving cars in the Bay Area
• All of the answers are correct.

2. What seems to be the most likely reason why CEO Barra carried out such extensive investments in technology?

• Barra's specialty was corporate technology investments.
• Barra was implementing the mandate of the government as part of the deal.
• to position the company for the future
• to increase revenues immediately
• None of the answers are correct.

3. Why did the U.S. government ask for CEO Richard Wagoner's resignation in exchange for lending GM the requested financial support?

• GM was afflicted with a series of class action lawsuits during CEO Richard Wagoner's tenure.
• GM ran a net loss of $82 billion during 2004-2008, without registering a single year of profit during CEO Richard Wagoner's tenure.
• The U.S. government did not like CEO Richard Wagoner because of his lavish lifestyle.
• CEO Richard Wagoner siphoned money from GM for personal gains.
• None of the answers are correct.

4. Why did GM file for Chapter 11 bankruptcy in July 2009?

• The mortgage crisis hit GM hard because GM had diversified into the home lending business.
• Interim CEO Henderson failed to negotiate with bondholders and the union for further concessions to reduce GM's bloated cost structure.
• CEO Wagoner failed to negotiate with bondholders and the union for further concessions to reduce GM's bloated cost structure.
• CEO Barra failed to negotiate with bondholders and the union for further concessions to reduce GM's bloated cost structure.
• None of the answers are correct.

5. Why was GM's extensive brand lineup no longer working as an effective weapon against competitors?

• Uber, Lyft, and other similar services reduced the need for millennials to own cars.
• Consumers cared less about extensive brand lineup.
• With an expanding market share, a large number of brands placed a considerable strain on GM's efforts to revamp its production line on a regular basis.
• With a shrinking market share, a large number of brands placed a considerable strain on GM's efforts to revamp its production line on a regular basis.
• None of the answers are correct.