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

Part (a) of this question asks you to outline two benefits that MM could gain from outsourcing their human resource management (HRM). This involves identifying specific advantages and explaining how they would positively impact MM.

Part (b) of this question asks you to explain how MM has differentiated itself from its competitors. Differentiation involves creating a unique position in the market through various strategies, making the company stand out.

This part of the question asks you to identify and outline two sources of finance that MM could use to take over a film studio in India. The sources of finance should be relevant to MM's context and suitable for such a significant investment.

This part of the question asks you to explain how a formal system of appraisal could have prevented the problems caused by Clare. The explanation should include an understanding of different appraisal approaches and how they could have been applied to Clare's situation.

This question asks you to outline two reasons why MM may relocate all of its operations to Bengaluru. The reasons should be specific to Bengaluru and not to India in general.

This question asks you to explain how the proposed contract with Country X may conflict with MM's ethical objectives. You need to consider MM's ethical stance on various issues and how the contract with Country X might contradict these principles.