The Experience of General Motors in Diversifying into Financial Services

question 9

True/False

The experience of General Motors in diversifying into financial services illustrates how sticking to core competencies is the most effective business strategy.

---

Definitions:

Electrolytes

Minerals in the body that have an electric charge, crucial for maintaining fluid balance, muscle contraction, and nerve function.

Bulimia Nervosa

An eating disorder characterized by recurrent and frequent episodes of eating unusually large amounts of food followed by behavior that compensates for the binge, such as self-induced vomiting.

Binge-Eating Disorder

A severe, life-threatening, and treatable eating disorder characterized by recurrent episodes of eating large quantities of food, often quickly and to the point of discomfort.

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a comprehensive classification system for mental disorders published by the American Psychiatric Association.