The Recent Bankruptcy of Auto Manufacturers General Motors and Chrysler

question 96

Multiple Choice

The recent bankruptcy of auto manufacturers General Motors and Chrysler were caused due to ________.

• A) changes in the social trend
• B) political instability
• C) changes in legal requirements
• D) economic shocks
• E) changing nature of the workforce

Understand the impact of job design on employee motivation and performance through the application of motivation theories.

Distinguish between job simplification and automation and their implications on organizational efficiency and employee satisfaction.

Recognize the effective use of punishment and extinction strategies in managing undesirable workplace behaviors.

Grasp the role of task variety, job enrichment, and job rotation in preventing job dissatisfaction and enhancing employee engagement.

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Definitions:

Purchase Accounting

The process of consolidating and reporting the financials of a merger or acquisition by recording the assets and liabilities at their fair market values.

Business Combination

A transaction or other event in which an acquirer gains control over one or more businesses.

Consolidated Balance Sheet

A financial statement that combines the assets, liabilities, and equity of a parent company and its subsidiaries into one document.

Noncontrolling Interest

A minority interest in a subsidiary that is not owned by the parent company, representing shareholders' equity in subsidiaries not attributable, directly or indirectly, to a parent.