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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

 

100 Marks

 

Calculator NOT allowed

IB BUSINESS MANAGEMENT SL, Paper 1, May, 2009, TZ0, Solved Past Paper

Master the 2009 IB May for Paper 1 Business Management SL with examiner tailored solutions and comments for TZ0

Question 1 [Explained]

This question involves understanding key business concepts and applying them to a specific case study, Les Maisonnettes. You will need to define important terms, explain the significance of strategic objectives, and analyze the implications of restructuring a business.

Question 1 [a] [Explanation]

This part of the question asks you to define two important business terms: sole trader and tertiary sector.

Question 1 [b] [Explanation]

This part of the question asks you to explain why setting strategic objectives is important in managing Les Maisonnettes.

Question 1 [c] [Explanation]

This part of the question asks you to examine two advantages and two disadvantages of restructuring Les Maisonnettes as a private limited company.

Question 2 [Explained]

This question involves identifying appropriate sources of finance, defining financial terms, calculating financial ratios, and analyzing changes in those ratios over time. It requires a comprehensive understanding of financial management principles and the ability to apply them to a real-world business scenario.

Question 2 [a] [Explanation]

In this part of the question, you are required to identify two appropriate sources of finance for Les Maisonnettes to fund the development of the barns. The development options are either Option 2 or Option 3, as mentioned in the case study.

Question 2 [a] [i] [Explanation]

This sub-question asks you to identify two appropriate sources of finance for Les Maisonnettes to fund the development of the barns (Option 2 or 3).

Question 2 [a] [ii] [Explanation]

This sub-question asks you to define the term 'gearing'.

Question 2 [b] [Explanation]

Using data from appendices 3 and 4, calculate the gearing ratio and return on capital employed (ROCE) of Sophie's business in the financial years 2005 and 2008.