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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 15 Minutes

 

50 Marks

 

Calculator is allowed

IB BUSINESS MANAGEMENT SL, Paper 1, May, 2015, TZ0, Solved Past Paper

Master the 2015 IB May for Paper 1 Business Management SL with examiner tailored solutions and comments for TZ0

Question 1 [Explained]

This question involves defining key business terms, identifying specific benefits, and analyzing motivational theories in the context of a case study. Each part of the question requires a detailed understanding and application of business concepts.

Question 1 [a] [Explanation]

This part of the question asks you to define a specific business term and identify certain benefits received by an employee.

Question 1 [a] [i] [Explanation]

Define the term mission statement (line 11).

Question 1 [a] [ii] [Explanation]

Identify two fringe payments, other than health insurance, which Mrs. Carroccio may have received from the school.

Question 1 [b] [Explanation]

Other than financial security, explain one advantage and one disadvantage of Mr. Carroccio operating as a sole trader (line 5).

Question 1 [c] [Explanation]

Analyse the relevance of Maslow's motivation theory to Alejandra.

Question 2 [Explained]

This question involves defining specific business terms and analyzing the effects of organizational changes and market research methods. Each part of the question requires a detailed understanding of business concepts and their practical applications.

Question 2 [a] [Explanation]

In this part, you are asked to define two important business terms: quality control and workforce planning. These definitions should be clear and demonstrate a thorough understanding of each term.

Question 2 [a] [i] [Explanation]

Define the term quality control (line 115).

Question 2 [a] [ii] [Explanation]

Define the term workforce planning (line 122).