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 2, November, 2009, TZ0, Solved Past Paper
Master the 2009 IB November for Paper 2 Business Management HL with examiner tailored solutions and comments for TZ0
Question 1 [Explained]
Solid Construction is a new partnership formed by an experienced project manager and an accountant. They aim to enter the property development market by building a new hotel to meet the growing demand from commercial businesses in the area. The partners are also looking to capitalize on the high returns expected from a major global sports event. However, they currently lack sufficient funds for the project and are exploring potential sources of finance.
It is crucial for the hotel to be operational within three years. The partners have gathered most of their information from government publications, but in their eagerness to start the project, they have overlooked potential issues such as skilled labor shortages and traffic congestion during material transportation to the site.
The partners have identified various activities required for planning and construction, which are detailed in the table below:
Activity (planning and construction) | Duration (months) | Preceded by |
|---|---|---|
A | 10 | |
B | 9 | |
C | 4 | |
D | 6 | |
E | 6 | A |
F | 7 | A, B |
G | 12 | C, D |
H | 6 | A, B |
I | 3 | G, H |
J | 7 | E, F |
K | 10 | I, J |
Question 1 [a] [Explanation]
This question asks you to identify two advantages and two disadvantages that Solid Construction may experience as a result of being a partnership. Consider the unique dynamics of a partnership, such as shared responsibilities and resources, as well as potential conflicts or limitations in raising capital.
Question 1 [b] [i] [Explanation]
This question requires you to construct a fully labelled network diagram based on the activities provided in the table. You need to show the earliest starting time (EST) and the latest finishing time (LFT) for each activity, as well as identify the critical path. This will help visualize the sequence of activities and determine which ones are critical to completing the project on time.