Could not load assets. Please refresh the page.

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.

 

01 Hours

 

30 Marks

 

Calculator is allowed

IB BUSINESS MANAGEMENT SL, Paper 1, May, 2022, TZ0, Solved Past Paper

Master the 2022 IB May for Paper 1 Business Management SL with examiner tailored solutions and comments for TZ0

Question 1 [Explained]

In this question, we are asked to delve into the long-term benefits of PU's marketing strategies and the possible impacts of the ethical issues it faces. PU's marketing strategies are described as aggressive, with significant investments in promotion to communicate its achievements and competitive fees. Additionally, PU faces several ethical issues, including the appointment of a new trustee with controversial links, a guest speaker invitation causing student unrest, and the pricing of medicines to less developed countries (LDCs). Understanding these aspects will help us analyze the potential benefits and impacts on PU.

Question 1 [a] [Explanation]

This question asks you to describe two long-term benefits for PU of its marketing strategies.

Question 1 [b] [Explanation]

This question asks you to explain the possible impacts on PU of the ethical issues it faces.

Question 2 [Explained]

This question involves outlining steps and strategies related to human resources and financial management within an educational institution. The first part focuses on the procedural steps required for dismissing a faculty head, while the second part explores alternative strategies to address cash-flow problems.

Question 2 [a] [Explanation]

This question asks you to outline two specific steps that Adriana should take if she decides to dismiss Jim, the head of the Faculty of History. The steps should be procedural and relevant to the context provided in the lines 89-100.

Question 2 [b] [Explanation]

This question asks you to explain strategies, other than redundancies, that PU could use to solve its cash-flow problems. The strategies should be practical and relevant to the context provided in lines 56-59.

Question 3 [Explained]

This question involves analyzing the factors that influence the decisions of an organization, P, using the STEEPLE framework. The STEEPLE framework includes Social, Technological, Economic, Ethical, Political, Legal, and Ecological (Environmental) factors. Additionally, the question asks for ways in which PU could achieve greater sustainability in the 2022/23 academic year.

Question 3 [a] [Explanation]

This part of the question asks you to outline two STEEPLE factors that influence P's decisions. The STEEPLE framework is a tool used to analyze the external factors that affect an organization. Each letter in the acronym represents a different type of factor: Social, Technological, Economic, Ethical, Political, Legal, and Ecological (Environmental).

Question 3 [b] [Explanation]

This part of the question asks you to explain ways in which PU could achieve greater sustainability in the 2022/23 academic year. Sustainability refers to the ability to maintain or improve certain processes or practices over time, often with a focus on environmental, social, and economic factors.