GM Was Very Prepared for the Virus Pandemic, Says CEO

GM Was Very Prepared for the Virus Pandemic, Says CEO

Assessment

Interactive Video

Business

University

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The video discusses the impact of major crises like 911, the Great Recession, and COVID-19 on General Motors. Each event posed unique challenges, with 911 affecting demand, the Great Recession leading to bankruptcy, and COVID-19 testing the company's preparedness. Lessons from past crises helped General Motors to better handle the COVID-19 situation. The video also highlights the importance of leadership and teamwork in navigating these challenges.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary challenge General Motors faced during the 9/11 crisis?

Supply chain disruption

Demand challenge

Technological failure

Regulatory issues

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant event happened to General Motors during the 2008-2009 recession?

Merger with another company

Bankruptcy and restructuring

Introduction of electric vehicles

Expansion into new markets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did General Motors manage to be better prepared for the COVID-19 pandemic?

By reducing workforce

By increasing production

By learning from past crises and maintaining a healthy balance sheet

By hiring a new CEO

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role did the leadership team play in General Motors' preparation for the COVID-19 pandemic?

They focused on short-term gains

They made tough decisions and focused the business

They ignored past lessons

They outsourced all operations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was NOT a factor in General Motors' improved preparedness for the COVID-19 pandemic?

A healthy balance sheet

Lessons from past crises

A new marketing strategy

A phenomenal team