One In the News feature reports that General Motors planned to essentially quit making cars and trucks in the United States for nine weeks from mid-May through July 2009 and Dell planned to close one of its Texas computer-manufacturing plants.Based on these particular news clips, what is the difference between GM's and Dell's decisions?
A) Dell was trying to get rid of excess inventory, and GM was trying to become more efficient.
B) GM was trying to maximize profits while Dell was trying to minimize losses.
C) GM's decision to idle plants was a short-run shutdown decision. Dell, by contrast, made a long-run decision to exit a specific market.
D) There is no difference between GM's and Dell's decisions; both were trying to get rid of excess inventory.
Correct Answer:
Verified
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