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 GMs change initiatives?

• The Bolt needed to be recalled.

• The Chevrolet Cobalt and Bolt needed to be recalled.

• The Chevrolet Cobalt and Pontiac GS5 needed to be recalled

• The Chevrolet Volt and the Pontiac GS5 needed to be recalled.

• None of the answers are correct.

2. What restructuring efforts did CEO Richard Wagoner carry out?

• eliminated dozens of plants

• eliminated tens of thousands of jobs

• eliminated hundreds of dealers

• All of the answers are correct.

• 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?

• demotion

• resignation

• public apology

• pledge of corrective action

• financial penalty of $35 million

4. What happened to GM in July 2009?

• GM filed for Chapter 11 bankruptcy.

• GM filed for Chapter 7 bankruptcy.

• GM was hit with a frivolous lawsuit.

• GM was asked to issue a public apology for causing injuries and deaths.

• GM was asked to pay $35 million as a financial penalty.

5. Barra was repositioning GM for profitability. What steps did she take?

• refocused GM through strategic investments

• reduced the number of brands to focus innovation efforts

• invested $500 million in Lyft

• created Maven, a ride-sharing start-up

• All of the answers are correct.