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, 2013, TZ0, Solved Past Paper
Master the 2013 IB May for Paper 1 Business Management SL with examiner tailored solutions and comments for TZ0
Question 1 [Explained]
This question covers various business concepts, including definitions and applications of regional trading blocs and corporate social responsibility, the importance of innovation for a company, and the roles of primary and secondary market research. Each part of the question requires a detailed understanding and explanation of these concepts.
Question 1 [a] [Explanation]
This part of the question asks you to define specific business terms. Definitions should be clear and concise, demonstrating a thorough understanding of the concepts.
Question 1 [a] [i] [Explanation]
Define the term regional trading bloc.
Question 1 [a] [ii] [Explanation]
Define the term corporate social responsibility.
Question 1 [b] [Explanation]
This part of the question asks you to explain why innovation is important for a company like RDB. Your explanation should include specific reasons and examples to support your points.
Question 1 [c] [Explanation]
This part of the question asks you to analyze the roles of primary and secondary research for RDB's marketing department. Your analysis should include specific examples and explanations of how each type of research can benefit the company.
Question 2 [Explained]
This question involves analyzing the company RDB using a SWOT analysis framework, calculating financial ratios, and interpreting the results. The SWOT analysis will help identify internal weaknesses and external threats faced by RDB. The financial ratios, specifically Return on Capital Employed (ROCE) and stock turnover, will provide insights into the company's efficiency over time.
Question 2 [a] [Explanation]
Using a SWOT analysis framework, identify two weaknesses and two threats to RDB.
Question 2 [b] [Explanation]
Using data from the additional information on page 3, calculate RDB's:
Question 2 [b] [i] [Explanation]
Return on capital employed (ROCE) in 1965 and 1975.