GM Entered China in 1997 Through a Joint Venture with Shanghai

question 9

Multiple Choice

GM entered China in 1997 through a joint venture with Shanghai Automotive Industrial Corp.(SAIC) .Which of the following factors best contributes to the fact that the Chinese market already accounts for 25 percent of GM's total revenues?

• A) Chinese workers cost only a fraction of what U.S. workers do.
• B) The company operates a larger number of assembly plants in China than the U.S.
• C) The China operation sells more vehicles while employing twice the number of employees.
• D) GM's China operation has never been cost-competitive.

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Definitions:

Family Support Groups

Organized meetings where families of individuals facing similar health or life challenges can share experiences and offer mutual support.

Mutual Support

The assistance or encouragement provided between individuals in a group, aimed at each other's well-being or success.

Case Managers

Professionals responsible for planning, coordinating, and providing care and services to individuals and families, often within the healthcare and social service systems.

Community Therapists

Healthcare professionals who provide mental health services to individuals in a community setting.