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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, 2008, TZ0, Solved Past Paper

Master the 2008 IB November for Paper 1 Business Management HL with examiner tailored solutions and comments for TZ0

Question 1 [Explained]

This question focuses on the role and responsibilities of a human resource manager, the concept of staff turnover, and the implications of wage increases on recruitment, training costs, and productivity. It requires an understanding of human resource management principles and their application in a business context.

Question 1 [a] [Explanation]

This question asks you to describe three specific responsibilities of Alison Modano as the human resource manager for Organix. You need to provide a detailed explanation of her duties in this role.

Question 1 [b] [Explanation]

This question asks you to define the term 'staff turnover' as mentioned in the given lines. You need to explain what staff turnover means and its significance in a business context.

Question 1 [c] [Explanation]

This question asks you to evaluate Alison Modano's claim that increasing wages for serving staff by 35% will result in lower recruitment and training costs as well as higher productivity, thereby compensating for the higher wage levels. You need to consider the validity of her argument and provide a balanced evaluation.

Question 2 [Explained]

In this question, we will explore various aspects related to Organix's business plan, strategic and operational objectives, and opportunities for growth. Each part of the question delves into different elements of business management and strategy, providing a comprehensive understanding of the company's potential and challenges.

Question 2 [a] [Explanation]

This question asks you to describe two key elements that you would expect to find in Organix's business plan. A business plan is a detailed document that outlines the goals, strategies, and actions that a business intends to take to achieve its objectives. It typically includes various elements such as market analysis, financial projections, human resource requirements, and production plans.

Question 2 [b] [Explanation]

This question asks you to distinguish between strategic objectives and operational objectives with reference to Organix. Strategic objectives are high-level, long-term goals that set the overall direction of the organization, while operational objectives are day-to-day goals that focus on the efficient functioning of the business.