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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 Minutes

 

100 Marks

 

Calculator NOT allowed

IB BUSINESS MANAGEMENT SL, Paper 1, November, 2002, TZ0, Solved Past Paper

Master the 2002 IB November for Paper 1 Business Management SL with examiner tailored solutions and comments for TZ0

Question 1 [Explained]

This question explores the advantages of becoming a private limited company and examines the decision to form a joint venture instead of creating a separate company.

Question 1 [a] [Explanation]

This question asks you to outline three advantages of becoming a private limited company.

Question 1 [b] [Explanation]

This question asks you to examine the decision taken by Joseph Obeng to form a joint venture with Manjit Daswami, rather than to create a separate company.

Question 2 [Explained]

This question focuses on understanding the concept of a niche market and evaluating the success of Joseph in establishing such a market. Additionally, it explores how a small business like Open Views can provide a more personalized service compared to multinational companies.

Question 2 [a] [Explanation]

This question asks you to describe what is meant by a 'niche market' and to assess how successful Joseph has been in creating a niche market.

Question 2 [b] [Explanation]

This question asks you to explain how a small business like Open Views can offer a more client-centered service than a multinational company.

Question 3 [Explained]

This question focuses on evaluating strategies to increase occupancy rates at Warm Breezes resort during winter months, assessing the impact of introducing a war game development on the company's image, and addressing criticisms from the government. The goal is to provide a comprehensive analysis and recommendations to ensure ethical and environmentally friendly implementation of the proposed options.

Question 3 [a] [Explanation]

Part (a) involves evaluating two suggested options for increasing occupancy at Warm Breezes during the winter months. The evaluation should consider the likely success of each option.

Question 3 [a] [i] [Explanation]

This question requires an evaluation of two proposed options to increase occupancy rates at Warm Breezes resort during the winter months. The evaluation should consider the potential success of each option and their alignment with the resort's image and customer base.

Question 3 [a] [ii] [Explanation]

This question asks for a suggestion of one other way to improve occupancy rates at Warm Breezes during the winter months. The suggestion should be relevant to an exclusive resort for couples and a premium price operation.