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
100 Marks
Calculator NOT allowed
IB BUSINESS MANAGEMENT HL, Paper 1, May, 2011, TZ0, Solved Past Paper
Master the 2011 IB May for Paper 1 Business Management HL with examiner tailored solutions and comments for TZ0
Question 1 [Explained]
This question involves understanding the organizational structure and stakeholder interests of Reach Out, a company that provides services for children with autism. The question is divided into several parts, each focusing on different aspects of the organization and its external relationships.
Question 1 [a] [Explanation]
This part of the question is divided into two subparts. The first subpart asks you to identify two external stakeholders of Reach Out, while the second subpart requires you to outline a possible interest of one of the identified stakeholders.
Question 1 [a] [i] [Explanation]
This subpart asks you to identify two external stakeholders of Reach Out. External stakeholders are individuals or groups outside the organization who have an interest or concern in its activities. These stakeholders can influence or be influenced by the organization's performance and operations.
Question 1 [a] [ii] [Explanation]
This subpart asks you to outline a possible interest of one of the external stakeholders identified in part (i). An interest is a specific concern or benefit that the stakeholder seeks from their relationship with the organization.
Question 1 [b] [Explanation]
This part of the question asks you to construct a fully labelled organizational chart of Reach Out after the appointment of Andrew Grandin. An organizational chart is a visual representation of the hierarchy and relationships within an organization.
Question 1 [c] [Explanation]
This part of the question asks you to analyse the advantages and disadvantages for Reach Out of accepting the sponsorship offer from N-Pharma (Option 3). Analysis involves examining the potential benefits and drawbacks of the sponsorship offer in detail.
Question 2 [Explained]
This question focuses on various aspects of a business plan, the distinction between vision and mission statements, and the role of information and communication technology (ICT) in the creation and operations of a business named Reach Out.
Question 2 [a] [Explanation]
Neil Johnson has prepared a business plan for Reach Out. This question asks you to identify four key elements that are typically included in a business plan.
Question 2 [b] [Explanation]
With reference to Reach Out, distinguish between a vision statement and a mission statement.