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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, May, 2002, TZ0, Solved Past Paper

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

Question 1 [Explained]

This question involves evaluating different aspects of business strategy and operations for a company named Open Views. The questions will explore the rationale behind the company's growth strategy, the competitive advantages of small and medium-sized firms, and the effectiveness of the current marketing approach.

Question 1 [a] [Explanation]

This question asks why Joseph Obeng believes that organic growth is the best strategy for Open Views, rather than going public or merging with other companies.

Question 1 [b] [Explanation]

This question requires an analysis of whether small and medium-sized firms, such as Open Views, have commercial and competitive advantages over multinationals like McGregor's and Blue Sea.

Question 1 [c] [Explanation]

This question asks you to examine Open Views' present marketing approach and consider whether it needs reviewing and refining.

Question 2 [Explained]

This question involves understanding different management styles and their effectiveness in a business context. Specifically, it focuses on the leadership approach and management style of Joseph Obeng, and the incentives that could be used to improve productivity and motivation among staff.

Question 2 [a] [Explanation]

This question asks you to explain what is meant by an autocratic manager.

Question 2 [b] [Explanation]

This question asks you to discuss the effectiveness of Joseph Obeng's leadership approach and management style.

Question 2 [c] [i] [Explanation]

This question asks you to select four monetary and two non-monetary incentives that Joseph Obeng and Peter Storm could use to improve the productivity and/or motivation of their staff.