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
50 Marks
Calculator is allowed
IB BUSINESS MANAGEMENT SL, Paper 1, November, 2015, TZ0, Solved Past Paper
Master the 2015 IB November for Paper 1 Business Management SL with examiner tailored solutions and comments for TZ0
Question 1 [Explained]
This question involves analyzing various business scenarios related to LadyA and her operations. It covers aspects such as quality control, target markets, employee training, and the impact of technological changes on the business. Each sub-question requires a detailed understanding of the business environment and the ability to apply theoretical concepts to practical situations.
Question 1 [a] [Explanation]
This question asks you to describe one way in which a problem with quality control could affect LadyA. Quality control is crucial in ensuring that products meet certain standards and are free from defects. Any issues in quality control can have significant repercussions on the business.
Question 1 [b] [Explanation]
This question asks you to describe one reason for identifying target markets with reference to LadyA. Identifying target markets is essential for businesses to tailor their marketing strategies effectively and ensure that their products meet the needs and preferences of their intended audience.
Question 1 [c] [Explanation]
This question asks you to explain one benefit to the local school and one benefit to Mrs. Carroccio of providing training for Mrs. Carroccio. Training employees can have multiple advantages for both the individual and the organization, leading to improved performance and motivation.
Question 1 [d] [Explanation]
This question asks you to analyze the impact of technological change on Alejandra and her business. Technological advancements can have both positive and negative effects on businesses, influencing various aspects such as production, marketing, and customer engagement.
Question 2 [Explained]
This question involves understanding different methods of market research, reasons for setting up a business, and the importance of branding. Each part of the question focuses on a different aspect of business studies, requiring detailed explanations and applications to specific scenarios.
Question 2 [a] [Explanation]
This question asks you to describe one method of primary market research and one method of secondary market research that could be useful to LadyA. Primary market research involves collecting new data that has not been collected before, while secondary market research involves analyzing existing data that has already been collected for other purposes.
Question 2 [b] [Explanation]
This question asks you to explain two reasons for setting up a business, with reference to Mr. Carroccio. Setting up a business can be driven by various motivations, including financial, personal, and creative factors.