Recently General Motors was on the brink of bankruptcy. One of the solutions was to deal with their problem of multibranding. What did GM do to reduce costs and increase profitability?
A) They cut many modest or failing brands to focus on their stronger brands.
B) They offered employee discounts to everyone.
C) They lobbied along with Chrysler for huge government bailout payments.
D) They sold stock to generate revenue.
E) They sold more cars and trucks.
Correct Answer:
Verified
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