GM's Plan for Risk Aversion

GM's Plan for Risk Aversion

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses strategies for maintaining vehicle production levels in North America, focusing on cost efficiency, proactive planning, and aligning supply and demand. It highlights the importance of maintaining a strong balance sheet and the ability to make short-term adjustments without affecting product launches. The company aims to achieve real-time profitability analysis at the vehicle identification number level, using data analytics to improve market strategies.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the company's commitment during its initial public offering in 2010?

To increase production to 20 million units

To expand globally without restrictions

To maintain a breaking point of 10 to 11 million units

To reduce workforce by 50%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which action is part of the company's proactive downturn planning?

Expanding fixed capacity

Increasing dealer inventories

Reducing dealer inventories

Focusing on wholesale sales

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company plan to adjust production in response to a downturn?

By hiring more short-term workers

By taking shifts off and slowing line rates

By increasing line rates

By closing all plants immediately

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's goal regarding profitability analysis?

To ignore profitability metrics

To focus solely on global profitability

To determine profitability by vehicle identification number in real time

To analyze profitability only at the country level

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What tool is being rolled out to enhance market strategy understanding?

A new manufacturing process

A system for real-time profitability analysis

A global expansion plan

An employee training program