This article from the BBC is the latest on the problems faced by the big US car makers.You may need to read the previous articlec on this saga to remind yourself of some important information before answering the following questions.
Level 1 - Knowledge
1a) How much money were the US car makers asking for in the previous article on this situation? How much are they asking for now?
1b) What sort of merger might Chrysler be forced to accept?
Level 2 - Application
2a) Explain the strategies that the 3 US car manufactures plan to action in order to rescue their businesses.
2b) Explain this statement in this article - “Most analysts think that GM is "too big to fail"”
Level 4 - Evaluation
4a) Based on what you know about this case (from this and from previous articles, to what advise the US congress on whether or nor to agree to the US car makers request for finance.
4b) Ford currently owns Volvo (a Swedish based car manufacturer) . Justify Fords plans to sell this part of their business right now?
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
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