Could not load assets. Please refresh the page.

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 2, May, 2005, TZ0, Solved Past Paper

Master the 2005 IB May for Paper 2 Business Management SL with examiner tailored solutions and comments for TZ0

Question 1 [Explained]

Get Going is a charity organization focused on providing wheelchairs to disabled individuals. Established fifteen years ago, it initially saw success but is now facing financial difficulties, leading to low employee motivation and potential staff turnover. The organization recently transitioned from a tall to a flat structure, which has introduced communication challenges. Additionally, rumors about potential job losses have increased employee dissatisfaction and fear of change.

Question 1 [a] [Explanation]

This question asks you to explain how the aims and objectives of a charity might differ from those of a profit-making organization. Charities typically focus on promoting and raising funds for specific causes, often prioritizing social impact over financial gain. In contrast, profit-making organizations aim to generate revenue and growth, focusing on financial performance and shareholder value.

Question 1 [b] [Explanation]

This question requires you to examine the effects of Get Going's transition from a tall to a flat organizational structure. A flat structure typically involves fewer hierarchical levels, which can lead to changes in communication, decision-making processes, and employee roles and responsibilities.

Question 1 [c] [Explanation]

This question asks you to identify two examples of formal and two examples of informal communications that might be used in Get Going. Formal communication typically follows official channels and procedures, while informal communication occurs more casually and spontaneously.

Question 1 [d] [Explanation]

This question requires you to evaluate two solutions to the communication problems faced by Get Going. Consider the effectiveness and feasibility of each solution in addressing the organization's communication challenges.

Question 2 [Explained]

Roberto, Helena, and Isabel are planning to establish a chauffeur service named Heroes Taxis, which will provide transportation services between the center of Madrid and the airport. To secure a bank loan, they need to present a marketing plan and a break-even analysis. Helena has estimated the fixed costs to be $$ 416$ per week, and the partners have set a charge of $$ 40$ per journey for each customer. The variable costs per trip are $$ 8$ .

Given the recent increase in oil prices, which has affected fuel costs across the transport industry, and concerns about increased night flights into Madrid airport, as well as potential increases in airfares due to requests for a new runway, the business environment for Heroes Taxis is challenging. These factors could influence their costs and demand for their services.

Question 2 [a] [Explanation]

This question asks for the main elements that Roberto, Helena, and Isabel should include in their marketing plan. A marketing plan is a comprehensive document that outlines a company's overall marketing strategy and includes various components that help guide the business towards achieving its goals.