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 15 Minutes
40 Marks
Calculator is allowed
IB BUSINESS MANAGEMENT SL, Paper 1, November, 2020, TZ0, Solved Past Paper
Master the 2020 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 outline two suitable methods of sampling that DA could use, while the second part requires you to explain the factors DA would need to consider before deciding to outsource some of its production.
Question 1 [a] [Explanation]
With reference to DA, outline two suitable methods of sampling (lines 112-113).
Question 1 [b] [Explanation]
Explain the factors that DA would need to consider before deciding to outsource some of its production (line 110).
Question 2 [Explained]
This question focuses on the business strategy of DA, particularly how it has been influenced by external factors and the product life cycle. The STEEPLE analysis framework is used to identify and describe the external factors, while the product life cycle concept helps to understand DA's product range decisions.
Question 2 [a] [Explanation]
This question asks you to outline two STEEPLE factors that have influenced DA's business strategy. STEEPLE stands for Social, Technological, Economic, Environmental, Political, Legal, and Ethical factors. These factors are external influences that can impact a business's strategic decisions.
Question 2 [b] [Explanation]
This question asks you to explain how knowledge of the product life cycle may have influenced DA's product range. The product life cycle consists of several stages: introduction, growth, maturity, and decline. Understanding these stages helps businesses make informed decisions about product development, marketing, and pricing strategies.
Question 3 [Explained]
This question involves understanding the leadership styles of two individuals, Viv and Salah, and identifying the benefits of their respective styles. Additionally, it requires explaining suitable sources of finance for a given business option.
Question 3 [a] [Explanation]
Outline one benefit of Viv's leadership style and one benefit of Salah's leadership style (lines 82-84).