1.
Is it true that the CEO of General Motors was recently fired?
Correct Answer
A. Yes
Explanation
The answer "Yes" suggests that it is true that the CEO of General Motors was recently fired.
2.
How many days of Federal Financing was given to GM in an effort to revise their turnaround plan?
Correct Answer
B. 60
Explanation
GM was given 60 days of Federal Financing in an effort to revise their turnaround plan. This suggests that the government provided GM with financial support for a period of two months to give them the opportunity to reevaluate and improve their plan for recovery.
3.
Which brand of luxury vehicles does GM own?
Correct Answer
C. Saab
Explanation
GM does not own Land Rover or Volkswagen, but it does own Saab. Saab is a Swedish brand of luxury vehicles that was acquired by GM in 2000. However, it is important to note that GM sold Saab in 2010, so it is no longer a part of GM's brand portfolio.
4.
Which Country is currently looking at buying Hummer, the rough terrain vehicle that GM currently owns?
Correct Answer
D. China
Explanation
China is currently looking at buying Hummer, the rough terrain vehicle that GM currently owns.
5.
In 2011 how much higher will fuel efficiency standards were raised?
Correct Answer
B. 2 MPG
Explanation
In 2011, the fuel efficiency standards were raised by 2 MPG. This means that vehicles were required to achieve an additional 2 miles per gallon in fuel efficiency compared to the previous standards. This increase in fuel efficiency standards aimed to promote more environmentally friendly vehicles and reduce fuel consumption.
6.
In the Intelligence step problems are recognized through signs, which of the following is a sign?
Correct Answer
D. All of the above
Explanation
In the Intelligence step, problems are recognized through signs. Customer input, costs, and sales are all signs that can indicate the presence of a problem. Customer input can provide insights into customer satisfaction or dissatisfaction, costs can indicate financial issues, and sales can show a decline or increase in demand. Therefore, all of the above options can be considered signs in the Intelligence step.
7.
How many different management systems to GM dealerships have?
Correct Answer
C. 28
Explanation
The given question asks about the number of different management systems that GM dealerships have. The correct answer is 28, indicating that GM dealerships have 28 different management systems.
8.
The decision of how many parts to keep on hand is a nonrecurring decision?
Correct Answer
B. False
Explanation
The decision of how many parts to keep on hand is not a nonrecurring decision because it is an ongoing process that requires regular evaluation and adjustment. Keeping an appropriate inventory of parts is crucial for efficient operations and customer satisfaction. Factors such as demand fluctuations, lead times, and production schedules need to be considered when determining the optimal quantity of parts to keep in stock. Therefore, this decision is recurring and requires continuous monitoring and adjustment.
9.
What stage is GM's inventory problem currently in?
Correct Answer
D. Implementation
Explanation
The correct answer is Implementation. This suggests that GM's inventory problem is currently in the stage of being put into action or being executed. The previous stages, such as Intelligence, Design, and Choice, would have involved gathering information, planning, and making decisions. Now, in the Implementation stage, GM is taking the necessary steps to address their inventory problem.
10.
We should get an A on this presentation.
Correct Answer
A. Yes
Explanation
The given answer is "Yes" because the speaker believes that they should receive an A on the presentation. This suggests that they are confident in the quality of their work and believe that it meets the criteria for the highest grade.