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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.

 

01 Hours

 

30 Marks

 

Calculator is allowed

IB BUSINESS MANAGEMENT SL, Paper 1, November, 2021, TZ0, Solved Past Paper

Master the 2021 IB November for Paper 1 Business Management SL with examiner tailored solutions and comments for TZ0

Question 1 [Explained]

This question is divided into two parts. The first part asks you to describe two features of a merger with reference to Megamin Mining (MM). The second part requires you to explain the strategies used by MM to achieve sustainability. Both parts require detailed explanations and contextual understanding.

Question 1 [a] [Explanation]

This question asks you to describe two features of a merger, specifically referring to the case of Megamin Mining (MM) and its merger with Chilmin. You need to identify and explain two characteristics of this merger as mentioned in the provided lines.

Question 1 [b] [Explanation]

This question asks you to explain the strategies used by Megamin Mining (MM) to achieve sustainability. You need to discuss the various approaches MM has implemented to ensure environmental, social, and economic sustainability.

Question 2 [Explained]

This question involves discussing the concept of decentralization and its implications for a company referred to as MM. Additionally, it requires an explanation of how MM could address stakeholder conflicts related to its gold mine operations in Egypt.

Question 2 [a] [Explanation]

This part of the question asks you to describe one advantage and one disadvantage of decentralization for MM. Decentralization refers to the delegation of decision-making authority to lower levels of management, allowing subsidiary businesses to make certain decisions independently.

Question 2 [b] [Explanation]

This part of the question asks you to explain how MM could reduce stakeholder conflict in relation to its gold mine in Egypt. Stakeholder conflict arises when the interests of different stakeholders, such as managers, employees, and shareholders, are not aligned.

Question 3 [Explained]

This question involves understanding the differences between marketing a product and marketing a service, specifically in the context of MM's minerals and hotels. Additionally, it requires an explanation of strategies that MM could use to improve cash flow in its palladium mine in South Africa.

Question 3 [a] [Explanation]

This part of the question asks you to describe two differences between marketing minerals (a product) and marketing hotels (a service) for MM. You need to consider the unique characteristics of products and services and how these differences impact marketing strategies.

Question 3 [b] [Explanation]

This part of the question asks you to explain strategies that MM could use to improve cash flow in its palladium mine in South Africa. You need to consider various financial strategies and their relevance to MM's situation.