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, May, 2013, TZ0, Solved Past Paper
Master the 2013 IB May for Paper 1 Business Management HL with examiner tailored solutions and comments for TZ0
Question 1 [Explained]
This question involves defining key business terms and analyzing their importance in the context of a company named RDB. The terms to be defined are 'regional trading bloc' and 'corporate social responsibility'. Additionally, the question requires an explanation of why innovation is crucial for RDB and an analysis of the roles of primary and secondary market research for the company.
Question 1 [a] [Explanation]
This part of the question asks you to define two important business terms: 'regional trading bloc' and 'corporate social responsibility'.
Question 1 [a] [i] [Explanation]
Define the term 'regional trading bloc'.
Question 1 [a] [ii] [Explanation]
Define the term 'corporate social responsibility'.
Question 1 [b] [Explanation]
Explain two reasons why innovation is important for RDB.
Question 1 [c] [Explanation]
Analyse the roles that primary and secondary research could play for RDB.
Question 2 [Explained]
This question involves analyzing the company RDB using the SWOT analysis framework, calculating financial ratios, and interpreting the results. The SWOT analysis will help identify the internal weaknesses and external threats faced by RDB. The financial ratios, specifically the Return on Capital Employed (ROCE) and stock turnover, will provide insights into the company's efficiency and performance over the years 1965 and 1975.
Question 2 [a] [Explanation]
This question asks you to identify two weaknesses and two threats to RDB using the SWOT analysis framework. SWOT analysis is a strategic planning tool used to identify the Strengths, Weaknesses, Opportunities, and Threats related to a business. Weaknesses are internal factors that hinder the company's performance, while threats are external factors that could negatively impact the company.
Question 2 [b] [Explanation]
This question requires you to calculate RDB's Return on Capital Employed (ROCE) and stock turnover for the years 1965 and 1975 using the provided financial data. ROCE is a financial ratio that measures a company's profitability and efficiency in using its capital. Stock turnover indicates how many times a company's inventory is sold and replaced over a period.
Question 2 [b] [i] [Explanation]
Return on Capital Employed (ROCE) is calculated using the formula:
For 1965:
For 1975: