Friday, December 12, 2008

US car bail-out fails in Senate

And the story still goes on!

This BBC article has the latest information on the story about US car makers trying to get US Government loans to help them survive the current financial crisis.

Read the article, and answer the questions that follow:


Level 1 - Knowledge
1) Define the term ‘Special Interest Group”

Level 2 - Application
2) Contrast the objectives of the United Auto Workers (UAW) with those of the US Government.

Level 3 - Analysis
3) Explain how the failure to reach an agreement on a loan to US car makers caused a fall in the Japanese stock market.

Level 4 - Evaluation
4) Based on what you know about this case, recommend whether or not the US senate should agree to a loan to the US car makers

Note Level 1 – Level 4 are questions based on IB standards where

  • Level 1: Knowledge
  • Level 2: Application
  • Level 3: Analysis
  • Level 4: Evaluation

Words in bold (define, explain…) have a specific meaning in the IB Diploma Program (DP). The meanings are in Glossary of Command Terms Section of the IBO DP Business and Management Guide available at the OCC and from my website

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