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GM - are they losing it?

Read the article GM records second-biggest loss in US corporate history with $39bn deficit and then have a go at the questions below. You can either read the article in the window below, or follow the previous link to open the article in a new window.


Question 1

Define the terms 'balance sheet' and 'emerging markets'.

Question 2

Explain what is meant by "..... writ[ing] off the value of billions of dollars worth of tax credits".

Question 3

Analyse two reasons for the $39bn loss made by General Motors.

Question 4

Evaluate two strategies that the company could adopt to try to return to profitability.