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, 2009, TZ0, Solved Past Paper
Master the 2009 IB May for Paper 1 Business Management HL with examiner tailored solutions and comments for TZ0
Question 1 [Explained]
Question 1 [a] [Explanation]
This question requires you to define two key business terms: sole trader and tertiary sector. Understanding these terms is fundamental in business studies as they relate to different forms of business ownership and sectors of the economy.
Question 1 [b] [Explanation]
This question asks you to explain the importance of setting strategic objectives in managing a business, specifically Les Maisonnettes. Strategic objectives are crucial for guiding the direction and growth of a business.
Question 1 [c] [Explanation]
This question requires you to examine two advantages and two disadvantages of restructuring Les Maisonnettes as a private limited company. This involves analyzing the potential benefits and drawbacks of changing the business structure.
Question 2 [Explained]
This question involves identifying appropriate sources of finance, defining financial terms, and performing financial calculations. The context is Les Maisonnettes, a business considering the development of barns, and the financial analysis spans from 2005 to 2008.
Question 2 [a] [Explanation]
This part of the question is divided into two subparts. The first subpart asks you to identify two appropriate sources of finance for Les Maisonnettes to fund the development of the barns. The second subpart asks you to define the term 'gearing'.
Question 2 [a] [i] [Explanation]
Identify two appropriate sources of finance for Les Maisonnettes to fund the development of the barns (Option 2 or 3) (lines 162-177).
Question 2 [a] [ii] [Explanation]
Define the term gearing (line 177).
Question 2 [b] [Explanation]
Using data from appendices 3 and 4, calculate the gearing ratio and return on capital employed (ROCE) of Sophie's business in the financial years 2005 and 2008.