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.
02 Hours 15 Minutes
80 Marks
Calculator is allowed
IB BUSINESS MANAGEMENT HL, Paper 1, November, 2015, TZ0, Solved Past Paper
Master the 2015 IB November for Paper 1 Business Management HL with examiner tailored solutions and comments for TZ0
Question 1 [Explained]
This section requires you to answer two questions related to LadyA's business operations and the impact of various factors on her enterprise. Each question explores different aspects such as quality control, target markets, training benefits, and technological changes.
Question 1 [a] [Explanation]
This question asks you to describe one way in which a problem with quality control could affect LadyA's business.
Question 1 [b] [Explanation]
This question asks you to describe one reason for identifying target markets with reference to LadyA.
Question 1 [c] [Explanation]
This question asks you to explain one benefit to the local school and one benefit to Mrs. Carroccio of providing training for Mrs. Carroccio.
Question 1 [d] [Explanation]
This question asks you to analyze the impact of technological change on Alejandra and her business.
Question 2 [Explained]
This question involves understanding different methods of market research, reasons for setting up a business, and the importance of branding. Each part of the question requires a detailed explanation and application of business concepts to specific scenarios.
Question 2 [a] [Explanation]
This part of the question asks you to describe one method of primary market research and one method of secondary market research that could be useful to LadyA. Primary market research involves collecting new data that has not been collected before, while secondary market research involves analyzing existing data that has already been collected for other purposes.
Question 2 [b] [Explanation]
This part of the question asks you to explain two reasons for setting up a business with reference to Mr. Carroccio. Setting up a business can be driven by various motivations, including financial, personal, and professional reasons.
Question 3 [Explained]
This question explores the benefits of owning a business as a sole trader, as well as financial metrics such as the average rate of return (ARR) and the payback period for setting up a business. Additionally, it asks for an analysis of the issues faced by Mr. Carroccio when he set up his shoe repair business.