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
100 Marks
Calculator NOT allowed
IB BUSINESS MANAGEMENT HL, Paper 1, November, 2006, TZ0, Solved Past Paper
Master the 2006 IB November for Paper 1 Business Management HL with examiner tailored solutions and comments for TZ0
Question 1 [Explained]
This question focuses on identifying and explaining the roles and potential conflicts between different stakeholders within SunGen Ltd. Stakeholders are individuals or groups that have an interest in the success and operations of a business. Understanding these stakeholders and their potential conflicts is crucial for effective business management.
Question 1 [a] [Explanation]
This part of the question asks you to identify three stakeholders in SunGen Ltd. Stakeholders are groups or individuals who have an interest in the business and can be affected by its operations. They can include internal stakeholders such as employees and managers, as well as external stakeholders such as suppliers, customers, and the local community.
Question 1 [b] [Explanation]
This part of the question asks you to explain possible areas of conflict that may arise between two of the stakeholder groups identified in part (a). Stakeholder conflicts occur when the interests of different stakeholder groups are not aligned, leading to disagreements and potential issues for the business.
Question 2 [Explained]
SunGen Ltd has decided to expand its market by targeting individual households. This decision involves examining various internal and external forces that drive and restrain this expansion. Additionally, the company needs to evaluate strategies to manage the process of change effectively.
Question 2 [a] [Explanation]
This question asks you to examine the internal and external forces driving and restraining SunGen Ltd's expansion into the individual household market.
Question 2 [b] [Explanation]
This question asks you to evaluate two strategies that SunGen Ltd could adopt to manage the process of change resulting from their expansion.
Question 3 [Explained]
This question involves analyzing the advantages and disadvantages of SunGen Ltd running its production at an average capacity of 98%. Additionally, it requires identifying and evaluating three possible sources of finance for expanding their production capacity.
Question 3 [a] [Explanation]
This question asks you to analyze the advantages and disadvantages for SunGen Ltd of running their production at an average capacity of 98%. This means considering both the positive and negative aspects of operating at such a high level of capacity utilization.
Question 3 [b] [Explanation]
This question asks you to identify three possible sources of finance available to SunGen Ltd for expanding their production capacity and evaluate their suitability. This involves considering both internal and external sources of finance and discussing their advantages and disadvantages.