These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
01 Hours 15 Minutes
40 Marks
Calculator is allowed
IB BUSINESS MANAGEMENT HL, Paper 1, May, 2021, TZ0, Solved Past Paper
Master the 2021 IB May for Paper 1 Business Management HL with examiner tailored solutions and comments for TZ0
Question 1 [Explained]
This question focuses on the benefits of outsourcing human resource management (HRM) and how MM has differentiated itself in the market. The answers should be detailed and contextualized to reflect a deep understanding of the concepts.
Question 1 [a] [Explanation]
This part of the question asks for an outline of two benefits that MM can gain by outsourcing its human resource management (HRM). The benefits should be specific to MM's context and operations.
Question 1 [b] [Explanation]
This part of the question asks for an explanation of how MM has differentiated itself from its competitors. The answer should cover various aspects of differentiation, including products, pricing strategies, customer relationships, branding, and other relevant factors.
Question 2 [Explained]
This question focuses on two distinct areas: identifying suitable sources of finance for a business takeover and understanding the role of a formal appraisal system in managing employee performance and avoiding conflicts.
Question 2 [a] [Explanation]
This part of the question requires you to identify and outline two sources of finance that would be suitable for MM to take over a film studio in India. The sources should be relevant to MM's context and the nature of the acquisition.
Question 2 [b] [Explanation]
This part of the question asks you to explain how a formal system of appraisal could have prevented the problems caused by Clare. You need to consider different approaches to appraisal and how they could have been applied to identify and address issues early on.
Question 3 [Explained]
This question is divided into two parts. The first part asks for reasons why MM, a company, might consider relocating all its operations to Bengaluru. The second part explores how a proposed contract with Country X might conflict with MM's ethical objectives.
Question 3 [a] [Explanation]
This question asks you to outline two reasons why MM may relocate all of its operations to Bengaluru. The reasons should be specific to Bengaluru and not India in general.
Question 3 [b] [Explanation]
This question asks you to explain how the proposed contract with Country X may conflict with MM's ethical objectives. You need to consider MM's ethical principles and how the actions of Country X may contradict these values.