* Have a go at recording yourself reading the case study – this might take you several attempts but you’ll get to know the case study very quickly this way!  You can use any recording device such as an iPod, smartphone or free online software such as Audacity (http://audacity.sourceforge.net/)

* Listen to your podcast – this should prove useful whilst ‘on the go’ to/from school and is ideal for auditory learners

* The UWP Mission to Loyka case study might even become your ‘favourite bedtime story’!

Have fun doing this!

Please note that the IBO’s intellectual property rights means that you must not distribute your podcast without the written permission of the IBO.

Which BRIC country finally joined the WTO?  Which luxury carmaker enjoyed record-breaking sales - a record held since 1978 - despite the global recession?  Take the January Quiz to find out…

It’s vital that students are able to use real world examples in the final exams; application is a key skill to exam success in B&M.  Take the January Quiz to see what was going on in the business world in January 2012.

Questions

1. US insurance broker Aon, sponsor of Manchester United, announced plans to move its corporate headquarters from Chicago to which European capital?

2. Which Malaysian budget airline will end flights to Europe and India because of high fuel prices and weak demand? 

3. Which UK-based low-budget airline has been found guilty by French officials of discriminating against three disabled passengers – and fined 70,000 euros (HK$702,000)? 

4. The price of which fruit juice hit a record high (due to safety concerns about juice from Brazil, the world’s largest producer of the juice, and cold weather in Florida)? 

5. Which sportswear giant agreed compensation of $1m (HK$7.8m) in a dispute with workers in Indonesia over unpaid overtime? 

6. South Korea’s antitrust regulator fined which two companies for conspiring to fix the prices of some appliances, facing penalties of 44.6bn won (HK$303m)?

7. Which US company is to extend its sponsorship as a ‘Top Partner’ of the Olympic Games for another eight years until 2020, paying a reported $100m (HK$778m) for each two-games deal of one winter and one summer Games? 

8. Which hi-tech firm halted the sale of all phones from its stores in China, due to controllably large crowds? 

9. Which British bank, still owned by UK taxpayers, confirmed it was cutting an extra 3,500 jobs in investment banking? 

10. Luxury car maker Rolls-Royce sold 3,538 vehicles worldwide last year, breaking its record since 1978(!)  Name the country where more Rolls-Royce cars were sold last year than anywhere else. 

11. Name the country that lent more money to developing nations in 2011 than the World Bank. 

12. Which BRIC country has said it will withdraw support for foreign investment in the country’s car industry to encourage its domestic carmakers? 

13. The United States confirmed the sale of nearly $30bn of fighter jets to which oil-rich nation? 

14. Which oil-rich nation posted an $81.6bn budget surplus for 2011 as its income beat forecasts by more than double? 

15. Which website was the most popular with US users in 2011 according to research firm Nielsen? 

16. The new government of which EU nation outlined 8.9bn euros (HK$90bn) in new spending cuts and tax rises to lower the country’s borrowing? 

17. Which East Asian country, the highest public debt to GDP ratio among the world’s developed economies, postponed a sales tax increase (from 5% to 10%) amid growing opposition against the move due to the current unfavourable economic climate? 

18. Japan’s Nikkei share index closed in 2011 at its lowest end-of-year level since which year: 1982, 1992 or 2002? 

19. Which West African state is planning to scrap fuel subsidies after spending more than $8bn on the subsidies in the past year, saying it will use some of the money to improve infrastructure instead?  Hint: the capital city is Abuja. 

20. Which US internet-based giant is poised for a $10bn public offering in early 2012?

21. Which BRIC economy finally joined the WTO?

22. Which aircraft maker reported a record 1,419 orders worth about $140bn last year, compared with 805 for its fierce US rival? 

23. Which hi-tech giant reported record-breaking net profits for the three months to 31 December 2011 of $13.06bn, up 118%? 

24. Which mobile phone maker shipped the 1.5 billionth phone running its S40 operating system? 

25. Which European nation recorded an unemployment rate of 22.8% (over 5 million people); the highest rate in almost 17 years? 

26. Which South Korean carmaker reported a 38% rise in profits for the fourth quarter of 2011?

27. The chief which UK bank, 82% owned by British taxpayers, accepted his bonus of £963,000 in shares (on top of his £1.2m basic salary), despite 21,000 workers being made redundant? 

28. Sir Philip Hampton, the chairman from which British bank gave up a £1.4m shares reward he was due next month? 

29. NEC, the electronics giant from which country, said it was cutting 10,000 jobs because of tougher competition in its home market for telecoms infrastructure and weak demand for its smartphones? 

30. Which Central Bank published its first detailed projections on interest rates, and said it would keep rates near zero until at least late 2014. 

31. Which G7 nation recorded its first trade deficit since 1980, largely affected by the earthquake and tsunami of 2011? 

Answers

1. London
2. AirAsia
3. easyJet
4. Orange
5. Nike
6. Samsung Electronics (25.8bn won) and LG Electronics (18.8bn)
7. McDonald’s
8. Apple – the crowds had disrupted the launch of the iPhone 4S
9. Royal Bank of Scotland
10. China
11. China
12. China
13. Saudi Arabia
14. Saudi Arabia
15. Google with over 153m visitors per month (Facebook with over 1307m was 2nd and Yahoo! with 130m visitors came in 3rd)
16. Spain
17. Japan
18. 1982 (29 years ago!)
19. Nigeria
20. Facebook
21. Russia (China joined in 2001)
22. Airbus
23. Apple (37 million iPhones sold in the last quarter!)
24. Nokia
25. Spain
26. Hyundai
27. Royal Bank of Scotland
28. Royal Bank of Scotland
29. Japan
30. Federal Reserve (USA)
31. Japan

I’ve uploaded three revision games based on the UWP case study on Zondle…

How well do your students know the United World Peace Mission to Loyka case study?

I’ve uploaded three comprehensive quizzes on Zondle.  To play the full game, you’ll need to set up an account if you haven’t got one already (it’s free to register).

Once logged in, type ‘Sha Tin College’ in the search toolbar.  You’ll then see the three UWP Quiz files.  Each quiz consists of 10 comprehension questions from the case study.  Have a go - and then get your students to give it a go in class.

Hope your students find this resource useful in getting to know the case study.

Finally, you’ll also notice there are other revision quizzes created for the B&M course (and IB Econ, for those who also teach this course).  If you find it useful, bookmark the webpage as I’ll be adding more revision games before the final exams in May.

Paper 1 Activities - Week 1

Get students to read the case study - twice.  On the first read, get them to highlight all the words that they (probably) don’t understand, such as:

- Coalition government
- Social infrastructure
- Regiment
- Battalion
- Company (not to be confused with limited liability company!)
- Platoon
- Squad

Remind students of the importance of writing their answers in the context of the case study.

On the second read, get the students to highlight the key terms (I believe there are 81 of them in the case study!), including:

- Social marketing
- First mover advantage
- Corporate social responsibility
- Social and environmental audit
- Focus group
- Cell production
- Flexible matrix structures

Also remind students that key terms are explicitly tested on the Paper 1 examination.

Best wishes with the preparations!

To play the games:

1. Sign up (it’s free) or sign in (if you’re already registered) to play the games.
2. In the search bar, type in “Sha Tin College” and you should six quizzes pop up.
3. Select the game format - there’s a range of game formats to choose from, although the quiz questions remain the same.  My favourite is ‘Fish Nosh’.

There are a couple of games for IB Economics too.

There’ll be more added over the next couple of months, so bookmark the site if you like what you see, and feel free to share with your students.

Hope you like these.

How many of the 46 questions can you answer?  Take the November quiz to find out…

The November Quiz

1. Which English-speaking nation became the first country in the world to ban the use of logos and branding on cigarette packaging?

2. Dutch bank ABN Amro has reported a 54m euros (£46m) three month loss due to bad debts to which EU country?

3. Which Swiss bank is to reduce its number of investment bankers by another 425, bringing the total to 2,000 losing their jobs over the next five years? 

4. Which Brazilian fashion model comfortably topped Forbes’s 2011 list of the world’s highest earning models with a pay packet in excess of $45 million (£29bn) thanks to her endorsement of brands including H&M, Dior and Versace?

5. Which Japanese car maker announced it would be investing more than £100m, creating up to 1,500 jobs at the firm’s Derbyshire factory in the UK? 

6. Which struggling European telecoms equipment maker is cutting 17,000 jobs, 23% of its workforce? 

7. The currency of which BRIC economy has fallen to a record low against the US dollar (having depreciated rapidly in the past three months amid doubts about the strength of the economy and a slump in foreign investment)? 

8. Which BRIC economy has decided to allow 51% foreign direct ownership (FDI) of multi-brand retail stores, allowing supermarkets like Tesco and Walmart to open stores in the country? 

9. Which MIST country recorded an economic growth rate of 10.2% in the first half of 2011, outstripping that of all the BRIC economies? 

10. The economic crisis has been blamed by Thomas Cook for the collapse of its share price after the British company, founded in 1841, sought to negotiate a second round of debt financing (within the last month) and delayed the publication of its annual results. What industry is it in? 

11. The Australian government has approved the sale of the country’s best known beer brand to British brewer SABMiller for AUD9.9bn (£6.5bn).  Name the beer brand. 

12. Name the US handbag maker that is the latest global luxury brand to turn to Hong Kong as a way of tapping into China, with an expected 293 million shares to be issued next month? 

13. Name the jeweler whose initial public offering of HK$22.05 billion (£1.77bn) next month is expected to be the biggest in HK this year. 

14. Which English Premier League (football) club has reported an annual loss of £194.9m for 2010-11, the biggest in English football history? 

15. Forbes’ new Rich List reveals Aliko Dangote (of Dangote Cement) tops the list with a fortune of $10.1bn (£6.4bn).  Which West African footballing nation is Dangote from? 

16. Which videogame has broken the global sales record for a videogame, grossing $775m (£490m) in its first five days? 

17. Which US internet giant has launched its own online music store, in an ambitious attempt to challenge Apple’s iTunes? 

18. Which Chinese internet / search engine giant has seen its third quarter profits surge by 80%? 

19. Which US technology giant has announced that it will now keep its personal computer division (PCs, laptops and tablets) after reviewing a plan by its former chief executive to sell it? 

20. Name the American car giant that is set to mass produce voice-activated (Putonghua) motor vehicles in China. 

21. Which Japanese carmaker reported its quarterly profits declined by 32%, due to a strong yen and the flooding in Thailand, where it builds some parts and vehicles? 

22. Which Italian clothing company is at it again with another unethical marketing campaign titled ‘Unhate’ which features fake photos of political leaders embracing and kissing each other? 

23. Due to the on-going debt crisis, Silvio Berlusconi resigned in November as Prime Minister of which EU country?

24. Name the British music group - home to the Beatles, Pink Floyd and Coldplay - sold its recorded music unit for £1.2bn to Universal Music? 

25. Which continent is the fastest-growing mobile market in the world with almost 20% annual growth in the number of subscribers over the past 5 years, according to a GSM Association (association of worldwide mobile phone operators) report? 

26. PPR, a French luxury-goods group that owns some of the world’s best-known fashion houses, including Gucci and Yves Saint Laurent, confirmed that it was buying Brioni?  What does Brioni sell? 

27. Sébastien Loeb wins which sporting event (sponsored by Nokia and Michelin) for a record eighth consecutive years? 

28. According to Forbes magazine, which female actress has been named as the most ‘overpaid’ in Hollywood? 

29. According to a recent study by The Brookings Institution in Washington DC, which G7 country has seen the number of people in extreme poverty rise by 33% in the last decade? 

30. Which German carmaker has said its pre-tax third quarter profits rose 21% to 1.6bn euros (£1.4bn), driven by high demand in China? 

31. Which struggling EU nation recorded a staggering youth unemployment rate of 48%?! 

32. Which new Brisbane-based budget airline, with a fleet of just 7 aircraft, will soon launch a service to fly to routes that major airlines have few or no routes? 

33. Which Asia-Pacific airline will give away 100,000 tickets worth $20 million (£12.9m) as its way of saying “sorry” to passengers affected by the grounding of its entire fleet? 

34. Which German airline is selling British Midland (BMI) to International Airlines Group (IAG) – the group that owns British Airways and Iberia?

35. Lion Air has bought 230 Being 737 planes in a new record deal worth US$21.7bn (shattering its previous record sales in the same month from Emirates Airlines in a deal worth $18bn).  Which Southeast Asian nation does Lion Air come from? 

36. Shares in which Indian airline, the nation’s second largest, hit a record low amid continuing debt fears?

37. Global miner Anglo American is set to take control of which diamond exploration and mining giant in a $4.9 billion (£3.15bn) deal? 

38. Name the company overtook Apple as number 1 in the global sales for smartphones.

39. The US has placed anti-dumping tariffs of up to 37% on some fridge freezers from Mexico and which Southeast Asian nation? 

40. Parents from across the world are outraged by which girls’ toy launched by Mattell? 

41. Which US toy maker has announced a deal to buy HIT Entertainment, owner of Thomas the Tank Engine and other popular children’s brands, for $680m (£438m)? 

42. Which EU nation has found itself 55bn euros (£48bn) richer after discovering an accounting error at Hypo Real Estate (HRE), the troubled bank it nationalised in 2009?(!) 

43. Which G7 country was hit by flooding caused by torrential rain in the northern city of Genoa? 

44. It finally happened… which cash-strapped Swedish carmaker signed a deal to be taken over by two Chinese firms for 100m euros (HK$1.1bn)? 

45. A Spanish consortium has won a contract to build a high-speed rail link in which oil rich nation for 6.7bn euros ($72.3bn)? 

46. Which BRIC economy has launched the world’s first cash machine to dispense diamonds as well as gold and silver coins? 

ANSWERS

1. Which English-speaking nation became the first country in the world to ban the use of logos and branding on cigarette packaging? Australia

2. Dutch bank ABN Amro has reported a 54m euros (£46m) three month loss due to bad debts to which EU country? Greece

3. Which Swiss bank is to reduce its number of investment bankers by another 425, bringing the total to 2,000 losing their jobs over the next five years?  UBS

4. Which Brazilian fashion model comfortably topped Forbes’s 2011 list of the world’s highest earning models with a pay packet in excess of $45 million (£29bn) thanks to her endorsement of brands including H&M, Dior and Versace? Gisele Bündchen (Heidi Klum, the world’s second highest earning model had a salary of ‘just’ $20 million)

5. Which Japanese car maker announced it would be investing more than £100m, creating up to 1,500 jobs at the firm’s Derbyshire factory in the UK?  Japan

6. Which struggling European telecoms equipment maker is cutting 17,000 jobs, 23% of its workforce?  Nokia Siemens

7. The currency of which BRIC economy has fallen to a record low against the US dollar (having depreciated rapidly in the past three months amid doubts about the strength of the economy and a slump in foreign investment)?  India

8. Which BRIC economy has decided to allow 51% foreign direct ownership (FDI) of multi-brand retail stores, allowing supermarkets like Tesco and Walmart to open stores in the country?  India

9. Which MIST country recorded an economic growth rate of 10.2% in the first half of 2011, outstripping that of all the BRIC economies?  Turkey

10. The economic crisis has been blamed by Thomas Cook for the collapse of its share price after the British company, founded in 1841, sought to negotiate a second round of debt financing (within the last month) and delayed the publication of its annual results. What industry is it in?  Travel

11. The Australian government has approved the sale of the country’s best known beer brand to British brewer SABMiller for AUD9.9bn (£6.5bn).  Name the beer brand.  Fosters

12. Name the US handbag maker that is the latest global luxury brand to turn to Hong Kong as a way of tapping into China, with an expected 293 million shares to be issued next month?  Coach

13. Name the jeweler whose initial public offering of HK$22.05 billion (£1.77bn) next month is expected to be the biggest in HK this year.  Chow Tai Fook Jewellery

14. Which English Premier League (football) club has reported an annual loss of £194.9m for 2010-11, the biggest in English football history?  Manchester City

15. Forbes’ new Rich List reveals Aliko Dangote (of Dangote Cement) tops the list with a fortune of $10.1bn (£6.4bn).  Which West African footballing nation is Dangote from?  Nigeria

16. Which videogame has broken the global sales record for a videogame, grossing $775m (£490m) in its first five days?  Call of Duty: Modern Warfare 3

17. Which US internet giant has launched its own online music store, in an ambitious attempt to challenge Apple’s iTunes?  Google

18. Which Chinese internet / search engine giant has seen its third quarter profits surge by 80%?  Baidu

19. Which US technology giant has announced that it will now keep its personal computer division (PCs, laptops and tablets) after reviewing a plan by its former chief executive to sell it?  HP

20. Name the American car giant that is set to mass produce voice-activated (Putonghua) motor vehicles in China.  Ford

21. Which Japanese carmaker reported its quarterly profits declined by 32%, due to a strong yen and the flooding in Thailand, where it builds some parts and vehicles?  Toyota

22. Which Italian clothing company is at it again with another unethical marketing campaign titled ‘Unhate’ which features fake photos of political leaders embracing and kissing each other?  Benetton

23. Due to the on-going debt crisis, Silvio Berlusconi resigned in November as Prime Minister of which EU country? Italy

24. Name the British music group - home to the Beatles, Pink Floyd and Coldplay - sold its recorded music unit for £1.2bn to Universal Music?  EMI

25. Which continent is the fastest-growing mobile market in the world with almost 20% annual growth in the number of subscribers over the past 5 years, according to a GSM Association (association of worldwide mobile phone operators) report?  Africa

26. PPR, a French luxury-goods group that owns some of the world’s best-known fashion houses, including Gucci and Yves Saint Laurent, confirmed that it was buying Brioni?  What does Brioni sell?  Upmarket Italian menswear

27. Sébastien Loeb wins which sporting event (sponsored by Nokia and Michelin) for a record eighth consecutive years?  World Rally Championship

28. According to Forbes magazine, which female actress has been named as the most ‘overpaid’ in Hollywood?  Drew Barrymore; Eddie Murphy was the most overpaid male actor (pay measured against the budget and earnings of their last three movies)

29. According to a recent study by The Brookings Institution in Washington DC, which G7 country has seen the number of people in extreme poverty rise by 33% in the last decade?  USA

30. Which German carmaker has said its pre-tax third quarter profits rose 21% to 1.6bn euros (£1.4bn), driven by high demand in China?  BMW

31. Which struggling EU nation has recorded a staggering youth unemployment rate of 48%?!  Spain (Greece has 43.5 youth unemployment)

32. Which new Brisbane-based budget airline, with a fleet of just 7 aircraft, will soon launch a service to fly to routes that major airlines have few or no routes? Air Australia

33. Which Asia-Pacific airline will give away 100,000 tickets worth $20 million (£12.9m) as its way of saying “sorry” to passengers affected by the grounding of its entire fleet?  Qantas

34. Which German airline is selling British Midland (BMI) to International Airlines Group (IAG) – the group that owns British Airways and Iberia? Lufthansa

35. Lion Air has bought 230 Being 737 planes in a new record deal worth US$21.7bn (shattering its previous record sales in the same month from Emirates Airlines in a deal worth $18bn).  Which Southeast Asian nation does Lion Air come from?  Indonesia

36. Shares in which Indian airline, the nation’s second largest, hit a record low amid continuing debt fears? Kingfisher

37. Global miner Anglo American is set to take control of which diamond exploration and mining giant in a $4.9 billion (£3.15bn) deal?  De Beers

38. Name the company overtook Apple as number 1 in the global sales for smartphones. Samsung (Nokia is now number 3)

39. The US has placed anti-dumping tariffs of up to 37% on some fridge freezers from Mexico and which Southeast Asian nation?  South Korea

40. Parents from across the world are outraged by which girls’ toy launched by Mattell?  A tattooed Barbie doll

41. Which US toy maker has announced a deal to buy HIT Entertainment, owner of Thomas the Tank Engine and other popular children’s brands, for $680m (£438m)?  Mattell

42. Which EU nation has found itself 55bn euros (£48bn) richer after discovering an accounting error at Hypo Real Estate (HRE), the troubled bank it nationalised in 2009?(!)  Germany

43. Which G7 country was hit by flooding caused by torrential rain in the northern city of Genoa?  Italy

44. It finally happened… which cash-strapped Swedish carmaker signed a deal to be taken over by two Chinese firms for 100m euros (HK$1.1bn)?  Saab

45. A Spanish consortium has won a contract to build a high-speed rail link in which oil rich nation for 6.7bn euros ($72.3bn)?  Saudi Arabia

46. Which BRIC economy has launched the world’s first cash machine to dispense diamonds as well as gold and silver coins?  India

The October Current Affairs Quiz

1. Name the company that has overtaken Apple as number 1 in the global sales for smartphones. 

2. The US has placed anti-dumping tariffs of up to 37% on some fridge freezers from Mexico and which Southeast Asian nation? 

3. Parents from across the world are outraged by which girls’ toy launched by Mattell? 

4. Which US toy maker has announced a deal to buy HIT Entertainment, owner of Thomas the Tank Engine and other popular children’s brands, for $680m (£438.7m)? 

5. Which EU nation has found itself 55bn euros (£48bn) richer after discovering an accounting error at Hypo Real Estate (HRE), the troubled bank it nationalised in 2009?(!) 

6. It finally happened… which cash-strapped Swedish carmaker has signed a deal to be taken over by two Chinese firms for 100m euros (£87,666,000)? 

7. Name the Australian airline that said the ongoing labour strikes (due to end this week) are costing the company AUD15m (£9.95m) per week. 

8. Which Chinese internet giant has seen its third quarter profits surge by 80%? 

9. Which BRIC economy has launched the world’s first cash machine to dispense diamonds as well as gold and silver coins? 

10. A Spanish consortium has won a contract to build a high-speed rail link in which oil rich nation for 6.7bn euros (£5.87bn)? 

11. Which US technology giant has announced that it will now keep its personal computer division (PCs, laptops and tablets) after reviewing a plan by its former chief executive to sell it? 

12. Name the software giant that has reported a record quarterly revenue of $17.4bn (£10.9bn)?

13. Which internet giant was reported 14% increase in its quarterly profits, driven by increased activity on its online marketplaces and greater use of its PayPal payments network? 

14. Which luxury car maker has recalled 18,000 vehicles due to safety concerns over its cruise control function (with claims that it cannot be switched off)? 

15. Which Japanese electronics giant has been forced to delay the launch of its NEX-7 camera and the Reflex Alpha 65 camera due to severe flooding in Thailand? 

16. Despite food-price inflation, which BRIC economy has yet again cuts interest rates to 11.5% from 12%, citing the continuing slowdown in the global economy? 

17. Which mobile phone giant has made a loss of 151m euros (HK$1.61bn) in the third quarter as it continues to come under pressure from other phonemakers? 

18. The world’s biggest food group has raised its sales growth outlook for the year with an expected 5 – 6% growth.  Name the European food company that owns brands such as Perrier, Kit Kat and Häagen-Dazs. 

19. Which fast-food giant has reported third quarter profits rising by 9%, the ninth increase in a row, following its introduction of cheaper food items (which helped to boost sales during the global recession)? 

20. Which airline, the flag carrier of Bahrain, has struck a deal with Panasonic to offer live TV, broadband and mobile phone coverage across its entire fleet of planes? 

21. Name the European phone giant that has announced a further 3,500 job cuts.

22. For the first time since 1996, which US hi-tech company’s market value has exceeded Microsoft’s, making it the world’s 2nd largest in the industry? 

23. Which struggling US camera and printing group’s share price dropped by over 54% as investors fear the company is on the brink of bankruptcy? 

24. Which internet giant has unveiled the company’s much-anticipated rival to the iPad, called the Kindle Fire? 

25. Minmetal Resources has agreed to buy copper miner Anvil Mining for $1.3bn (£812.5m), giving it three copper mines in Africa.  Which country is Minmetal Resources from? 

26. After years of delays, Boeing at last dispatched the first of its new 787 Dreamliners to which Asian airline company?

27. Which US airline company’s shares dropped 33% on Monday on bankruptcy fears?

28. Which sports shoe maker has paid out $25m (£15.63m) following claims in the US about alleged health benefits of using its toning shoes? 

29. The default retirement age of 65 in which EU country has been fully abolished? 

30. Europe’s FirstGroup has announced the sale of its German operations for 5.5m euros (£3.5m).  What service does the company provide?

Answers

1. Samsung (Nokia is now number 3)

2. South Korea

3. A tattooed Barbie doll

4. Mattell

5. Germany

6. Saab

7. Qantas

8. Baidu

9. India

10. Saudi Arabia

11. HP

12. Microsoft

13. eBay

14. Jaguar

15. Sony (Sony has shut production at two of its three units in Thailand)

16. Brazil

17. Nokia

18. Nestlé

19. McDonald’s

20. Gulf Air

21. Nokia

22. IBM

23. Kodak (it has not made a profit since 2007)

24. Amazon

25. China

26. All Nippon Airways (ANA)

27. American Airlines

28. Reebok

29. UK

30. Rail and bus services.