In Late 1999, General Motors (GM), the World's Largest Auto

question 35

Essay

In late 1999, General Motors (GM), the world's largest auto manufacturer, agreed to purchase 20% of Japan's Fuji Heavy Industries, Ltd., the manufacturer of Subaru vehicles, for $1.4 billion. Why do you believe that General Motors may have wanted to limit initially its investment to 20%?

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Definitions:

Egotistical

Pertaining to or characterized by excessive self-absorption, often considering oneself superior to others.

Motives

The underlying reasons or incentives that drive a person to act in a particular way or pursue certain goals.

Epicurus

An ancient Greek philosopher who founded Epicureanism, advocating for a life seeking pleasure and avoiding pain through knowledge, friendship, and moderate desires.

Philosophy

The study of the fundamental nature of knowledge, reality, and existence, especially considered as an academic discipline.