Hint – you will need to review your previous work on the following blog entries on Citigroup job cull to hit 75,000 and US car companies seek $25bn aid to complete your answers:
Level 1: Knowledge
1) Define the following terms in this article:
- economic growth
- interest rate
- recession
2) Explain this statement in the article:
" The reduction in consumer prices also reflected a significant decline in energy prices - fuel costs fell for a third month in a row.
Level 3: Analysis
3) Based on your knowledge of analyse the statement in the article “There was also uncertainty about the fate of the "Big Three" US carmakers - GM, Ford and Chrysler".
Level 4: Evaluation
4) Advise the CEO of Citigroup on how to solve the fact that “Citigroup shares tumbled 23% to a new 13-year low”
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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