Weekly Review Quiz as of 2010-10-07
Economics: Micro
Volkswagen Aims at Fast Lane in U.S.
by Vanessa Fuhrmans
10/05/2010
http://online.wsj.com/article/SB10001424052748703743504575493504267114766.html
1. Volkswagen AG has one of the brashest goals in the auto industry – to dethrone
a) Ford Motor Co. as the world’s largest auto maker.
b) Honda Motor Co. as the world’s largest auto maker.
* c) Toyota Motor Corp. as the world’s largest auto maker.
d) Fiat S.P.A. as the world’s largest auto maker.
e) General Motors Co. as the world’s largest auto maker.
Retailers Team Up Against Amazon
by Geoffrey A. Fowler
10/06/2010
http://online.wsj.com/article/SB10001424052748703843804575534062509989530.html
2. Several dozen U.S. retailers are banding together to take on Amazon.com Inc. by striking at one of online shoppers' biggest concerns: shipping costs. Under a cooperative program called ShopRunner, launched on Tuesday, the retailers are mimicking Amazon by dangling a $79 loyalty program that offers unlimited two-day shipping. These retailers include
a) Bloomingdales.
b) Macy’s.
* c) Dick’s Sporting Goods.
d) all of the above.
e) none of the above.
Motorola Co-CEO Open to Microsoft Software Despite Suit
by Shayndi Raice and Spencer E. Ante
10/06/2010
http://online.wsj.com/article/SB10001424052748703843804575534693122678982.html
3. The Wall Street Journal reports that the head of Motorola Inc.'s mobile-phone business said he is open to developing devices that run Microsoft Corp.'s new mobile operating system, despite
a) the superiority of Google’s Android operating system.
b) investigations into deals between the companies by the Federal Trade Commission.
c) his reluctance to work with the software giant.
d) his concern about rival Apple’s response.
* e) the patent-infringement lawsuits that Microsoft has filed against Motorola.
GM Plans New SUVs Ahead of Fuel Goals
by Siobhan Hughes and Sharon Terlep
10/02/2010
http://online.wsj.com/article/SB10001424052748703859204575525963701140270.html
4. As the U.S. government on Friday urged auto makers to offer car and light truck fleets that average up to 62 miles a gallon by 2025, government-owned auto maker General Motors Co. said it was speeding production of
a) electric-powered autos.
b) hybrid autos.
* c) a new line of big SUVs.
d) small, fuel-efficient autos.
e) motorcycles.
Televisa to Take Stake in Univision
by Jose de Cordoba
10/05/2010
http://online.wsj.com/article/SB10001424052748704631504575532920177219124.html
5. Mexican media giant Grupo Televisa SAB will pay $1.2 billion to help recapitalize Los Angeles-based Univision Communications, Inc., and in return gain
a) rights to Univision’s most popular programs.
b) complete ownership of Univision’s radio stations.
* c) a minority stake in Univision.
d) all of the above.
e) none of the above.