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, 2005, TZ0, Solved Past Paper
Master the 2005 IB November for Paper 1 Business Management HL with examiner tailored solutions and comments for TZ0
Question 1 [Explained]
This question involves evaluating the types of market research that Gadgets2u.com may use to identify their target market and product requirements. Additionally, it requires identifying possible pricing strategies available to Gadgets2u.com and assessing their appropriateness in relation to the company's product range.
Question 1 [a] [Explanation]
This part of the question asks you to evaluate the main types of market research that Gadgets2u.com may use to identify their target market and their product requirements.
Question 1 [b] [Explanation]
This part of the question asks you to identify possible pricing strategies available to Gadgets2u.com and assess the appropriateness of each in relation to the company's product range.
Question 2 [Explained]
In this question, we are asked to evaluate the current organizational structure of Gadgets2u.com, a company that has experienced rapid growth recently. The company employs a matrix structure, which involves creating project teams for each major function. Some business aspects, such as recruitment and accounting, are sub-contracted, and five employees work from home.
Question 2 [a] [Explanation]
This question asks you to assess the suitability of Gadgets2u.com's current organizational structure given the company's recent rapid growth.
Question 2 [b] [Explanation]
This question asks you to advise Tom Figueredo on the advantages and disadvantages of homeworking, with reference to productivity, motivation, and job satisfaction.
Question 3 [Explained]
In this question, you are asked to analyze and assess the stock management strategies of Gadgets2u.com, an e-commerce business. The focus is on understanding the implications of holding too much or too little stock, as well as evaluating the potential challenges of implementing a Just-In-Time (JIT) stock control system.
Question 3 [a] [Explanation]
This question requires you to analyze the problems associated with holding too much or too little stock for Gadgets2u.com. You need to consider various factors such as costs, risks, and operational challenges.
Question 3 [b] [Explanation]
This question asks you to assess the potential problems that Gadgets2u.com may face if it chooses to implement Just-In-Time (JIT) stock control. You need to consider the impact on costs, supply chain reliability, and customer satisfaction.