Read the case study below and answer the questions that follow. A clean copy of the IB Business Management case study – Skandvig Terra PLC is required for this examination paper. About these resources: These unit case study packs contain fictional case studies designed for practice and assessment on Paper 2 of the 2022 and 2016 International Baccalaureate Business Management exam, so be sure to choose the packs that are linked with the version of the syllabus you want. Business management updates. 2 Marketing planning: Activity A IB Business Management: IBBusinessManagement. Make it impossible for the examiner to award you anything less than full marks for the critical thinking component of the mark scheme! IB Business Management – Business Management toolkit IB Business Management: IBBusinessManagement. IB Business Management – Human Resource Management 2. G&M CARS LTD. , an online shop) where forces of demand and supply operate, and where buyers and sellers interact (directly or through intermediaries) to trade goods, services. pdf), Text File (. IB Business Management Paper 1 Questions & Answer Pack (April 2022 Case Study) (PDF Version) $49. 2 OPERATIONS METHODS: ACTIVITY A Read the case study information below and answer the questions that follow. For the May 2023 exams this case study is entitled: Skandvig Terra PLC ( SVT ). It is, therefore, perfectly placed within the Award [1] for Award up to Award a maximum. Instructions to candidates. Sep 13, 2023 · In both tasks, students study real world business organizations. This guide includes Monday 24 October 2022 (afternoon) 1 hour Business management Standard level Paper 1 Instructions to candidates y Do not open this examination paper until instructed to do so. Do not open this examination paper until instructed to do so. IB Business Management – Marketing 4. Employees (line 6) A type of internal stakeholder, employees are the people who work for a business. org case study. M. Define the following terms mentioned in the case study: [8 marks] a. In accounting terms: Working capital = current assets - current liabilities. IB Business Management – Operations Management 5. A clean copy of the IB Business Management case study – Utopia is required for this examination paper. Staff costs can make up a large proportion of a businesses costs. : The capital needed to pay for raw materials, day-to-day running costs and credit offered to customers. Download Business management IB past papers 2021 PDF and use it for your revision. Motivated, managed and led. Use these explanations to draw overall, justified conclusions. WE KNOW WHO OUR CUSTOMERS ARE Ikea is one of the world’s best known furniture retailers. Strengths (internal) Owners are actively involved. 2022, the smallest of the former H4 factories manufactured SVT’s first wind turbine. The most recent past papers are sold with included mark schemes for $7. pdf 2022 Economics IB past papers 2022 SL May session PDF. Marking the new IA in IB Business Management (SL/HL) The NEW Paper 3 in IB Business Management (HL) The new IA in IB Business Management (SL/HL) Unlock the Secrets of Paper 1 May 2023 Workshop - Skandvig Terra PLC Case Study The following section is taken from the IBO Business & Management Guide: «Business management is a challenging and dynamic discipline that more than meets the needs of our students growing and developing in a complex business environment. 2 ORGANISATIONAL STRUCTURE: ACTIVITY B Read the case study below and answer the questions that follow. Sonali achieved this all in ten short years. This publication is one of a range of materials produced to support these programmes. Integrates globally contextual case studies, revised key concepts, contemporary content and support for the toolkit skills. Recruited and deployed (used) Developed and trained. All case study packs are delivered as downloadable pdf files with case studies, exam-style questions, and suggested answers. Her company, Mojj Engineering Systems, makes large-scale The case-studies and topics are set in accessible international contexts. Read the case study carefully. 4: Motivation and demotivation: Activity D IB Business Management: IBBusinessManagement. IA Questions & Concepts. A summary SWOT is provided in Table 1 below, and each point should then be comprehensively explained by the student. The International Baccalaureate Organization (known as the IB) offers four high-quality and challenging educational programmes for a worldwide community of schools, aiming to create a better, more peaceful world. See full list on ibo. The coursebook is focussed on a successful learner journey with clear learning objectives, integrated TOK links, reflection opportunities, self However, in February 2022 the university has good reasons to be positive about the research functions and teaching at the university: y The Faculty of Medicine’s research into medicines is proving positive following testing on the public. Sep 27, 2022 · The IB also introduces the Business Management Toolkit in the syllabus, a collection of 15 tools, theories, and concepts that students can use to examine various multidisciplinary business contexts across the curriculum and in assessments (IAs and EE). The ibGenius Paper 1 e-course for May 2022 Peacewick University case study is a well-planned and effective e-course that will prepare your students in class or online. 99. Explain the following terms in the text: a. 2 ORGANISATIONAL STRUCTURE: ACTIVITY A Read the case study below and answer the questions that follow. The coursebook follows the IB Diploma ATL principles, developing higher-order thinking skills and conceptual understanding. 45 the world’s largest software companies to research the use of artificial intelligence (AI) in detecting contamination. © International Baccalaureate Organization 2021. The series also develops learners’ conceptual understanding and higher order thinking skills, following the IB Diploma Approaches to Learning (ATL) principles. ”. a careful marketing strategy focussing on their target niche and even more careful attention to menu items, highly skilled staff, a prime location and exceptional cooking, the restaurant has been a continued success. public limited company, rising 10% to £3. The new DP business management course will be launched Jun 16, 2022 · Approaching the new Business Management for the IB Diploma assessment. The content has been well revised and updated throughout inorder to match the new course. Call +64 554 6600 next time you The case study is released by IB between 3 and 6 months before the examination session takes place. Worldwide case studies are used to improve the syllabus content and bring the real world business study to light. Learn more about business management in a DP workshop for teachers. TATA STEEL REORGANISES STRUCTURE India’s Tata Steel has reorganised its management structure to realise its corporate goal of becoming a leading player in the global steel industry. . “generic” answer about customers satisfaction and marketing/sales (brand loyalty, more customers etc), award only [1]. IB Business Management: IBBusinessManagement. The changes valuable management time and resources. Activity 1-3 are warm up activities for students to learn more about the case study. Human resource planning focuses on identifying how many and what kind of employees are needed. A balance is necessary because empowerment can backfire especially in the wrong application or misguided interpretation. Timeline – A useful summary sheet of the events featured in the case study, presented in chronological order to help students grasp the context of the case study. Define the term growth. For examinations in May, the pre-seen case study is usually published on the Internet by the IB at the end of December or in early January. The maximum mark for this examination paper is [30 marks]. Ashleigh had met her already and her team colleagues seemed friendly and were appreciative of Victoria’s leadership. The main aim of this paper is to assess your ability to answer questions on a given case example. The business called Katuri Networks, has grown at a tremendous rate, helped by Sonali’s all-round business skills. IB Business Management Paper 1- Questions & Answer Pack is a teaching and learning resource for students and teachers going through the Business Management course in the IB diploma. Discussion of only one side of the argument marks limited to [5]. 4A: Motivation and demotivation: Activity. 2A: Operations Methods Activity IB Business Management: IBBusinessManagement. 5 pages. IB Notes by Ellie: This site offers useful notes for IB Business and Management along with other IB classes. 4 Stakeholders: Activity A and cut costs – jobs might be lost factories might lead to closures and job losses effect – less customer choice and higher prices New IT introduced into production methods Training and promotion opportunities might be offered Local businesses providing 2. 7 CASH FLOW: ACTIVITY D Read the case study below and answer the questions that follow. However, the company also relies heavily on LadyA's celebrity status, and faces quality issues with its outsourced manufacturing. This might be an existing product, an For use in May 2021. One of the challenges for teachers and students is the new methods of external assessment. 4 MOTIVATION: ACTIVITY D Read the case study below and answer the questions that follow. definition. Section A: answer one question. 10. For use in November 2022 Business management Case study: ELE PLC Instructions to candidates y Case study booklet required for higher level paper 1 and standard level paper 1 business management examinations. Read the case study information below and answer the questions that follow. management skills and research skills) along with the six approaches to teaching (teaching that is inquiry-based, conceptually focused, contextualised, collaborative, differentiated and informed by assessment) encompass the key values and principles that underpin IB pedagogy. • Section B is meatier section with a diverse range of case studies featuring all the non-quantitative content of the IB Business Syllabus. 5 megawatt) turbines per year and already has a full order book for 2023. However, in February 2022 the university has good reasons to be positive about the research functions and teaching at the university: y The Faculty of Medicine’s research into medicines is proving positive following testing on the public. com 3. See pages 19 – 22 4. Marketing, Human Resources, Business For the May 2022 exams this case study is entitled: Peacewick University. Award [1] for a relevant reason plus another [1] for an explanation in context. Human Resources Planning. Business management International Baccalaureate past questions Standard Level and Higher Level plus Marking Scheme. com 4. Click through each unit to find information on the major course Developed with the IB to reflect all aspects of the latest SL and HL Business Management syllabus, for first teaching in 2022. This course prepares students to be global citizens ready to face up to the challenges and IB Business Management – Marketing . Paper 3. SL. The business specialises in providing Essential to empowerment is the practice of ‘trust, but verify’. Business management paper 1 TZ1. management examinations. Liquidate Everything! (a game) IB biz offers case studies, essay tips, and other resources for help in IB Business Management. SUNBURST BAKERIES Sunburst Bakeries is a supplier of all kinds of bread and cakes to Sonali worked long hours to make the business a success. Unit costs higher than larger fishing companies: We know that PST operates Mar 28, 2022 · March 28, 2022 by Louis Nkengakah. Materials are forecast to be $500 higher. Apply. 42. Using a decision-making and planning tool, examine the internal and external constraints on decision-making at TM. The course includes online presentations, exam-style questions, auto-marked quizzes, TWO Mock exams, and a separate section with answers and mark schemes for teachers. Financial support from pharmaceutical companies could result in commercial production The four key ones are product, price, promotion (including advertising and packaging) and place (where and how a product will be sold to consumers). Full assessment support is included. A calculator is required for this examination paper. But attention should be given to training staff to ensure empowerment works. The issue, solely to institutional investors, represented about 25% of the Terms and conditions. The plant currently produces over 210,000 vehicles a year, but BMW is keen to increase this further. Sophie Smith and Anna Grant founded the G&M car-hire business six years ago. 2221 – 5001. [6 marks] 3. This resource is split into 14 activities and worksheets where it covers different types of questions typically assessed in IB Business Management Paper 1. Paper titles in blue denote a link to the relevant listening comprehension audio track (MP3) HL. entrepreneurs at Stratford are looking at potential opportunities in the tertiary sector which do not require large amounts of start-up finance to purchase capital equipment and rely more on their own skills and interests. and one more cash payment that could be made by the business. . The case study is the same for both higher and standard level, but the questions used are different. Production of the car was transferred to the Cowley plant in Oxford and the company spent £230 million on improvements to production facilities. Subject briefs are short two-page documents providing an outline of the course. Features Published in cooperation with the IB The THE IB BUSINESS MANAGEMENT PRE-RELEASED CASE STUDY . Liquidity - definition. Essay Checklist. QUESTIONS: 30 MARKS, 60 MINUTES . • Little reference to the stimulus material. New and updated packs will be released throughout 2022. The main aims and overview of the Paper 1 assessment are as follows: Promotes a holistic approach to IB Business Management. She recently bought out a large rose grower in Kenya and her business is now the world’s largest cultivator of roses. INCENTIVES FOR VALUE ADDED RESELLERS. Delegation b. 2A: Organisational Structure: Activity IB Business Management: IBBusinessManagement. 3–4 • Some understanding of the demands of the question. Section A: answer two questions. Employees would also be split into teams, called cells. g. It looks at how employees will be. Z = $5000 + $7000 = $12 000. New opportunities exist in growing markets and new product lines Feb 14, 2022 · Peacewick University pre-released case study for IB Business Management May 2022 exam | Teacher RK#PeacewickUniversityprereleasedcasestudyforIBBusinessMan IB Business Management – Introduction to Business Management 1. P a g e 5 | 14 IB Business Management – Pre-Released Case Study May 2020 P&S Trawlers SWOT Analysis fresh, objective look at business challenges and opportunities, and offer advice that synthesises the perspectives of all parties while enabling the organisation to pursue short- and long-term business objectives. February 21, 2024. Strengths include a diversified revenue stream and strong brand identity. PAPER 1. The format of the examinations that students will do in 2024 will be different from the old papers. 1. PU’s business plan for 2021/22 was originally based on an expected increase in student numbers. • Some relevant business management tools (where applicable), The resource includes lesson plans, advice on using case studies, presentations, differentiation support and subject specific vocabulary support. This page contains the latest updates on the Diploma Programme (DP) business management course. Wind turbines can be located on land or in the sea (offshore) and generate electricity from the wind. com P a g e 7 | 7 IB Business Management Higher Level Paper 1 Examination Using the case study and the additional information on pages 3 - 7, recommend what you believe to be the best options for SVT to achieve its strategic objectives and the company’s best method of finance. N. in 2022, as complete train sets could not be assembled. We created a couple of exemplars to show you how the new IA should look like. The Mini was seen as a valuable brand by BMW and it continued to develop it with the introduction of new models in 2006, 2010, 2016 and 2022. 4 MOTIVATION: ACTIVITY E. Feb 21, 2024 · 2022-Business_management_paper_1__case_study_HLSL_Spanish. • Little use of business management terminology. 3 pages. Activity. For the November 2018 exams this case study is entitled: As Fair As. May 6, 2024 · IB Business Management –Paper 1 Case Study Pack Case Study: Before One PLC (BON) Key Terms For May 2024 examinations Key terms appear in alphabetical order for ease of reference. For the November 2022 exams this case study is entitled: ELE PLC. Using Table 1 above, construct a revised cash flow forecast for April, assuming: PayPal® sales are forecast to be $1,000 higher. 50 IB Business Management Paper 1- Questions & Answer Pack is a teaching and learning resource for students and teachers going through the Business Management course in the IB diploma. B. share with the issue of 63 million shares raising £195 million. For example, a VAR might take an operating system, add its own software for, say HL = Higher level, SL = Standard level. About these resources: These unit ca This course book places the subject in a broader context, with features and reliable source in business and management, as well as a strong emphasis on Theory of Knowledge. GLOBAL BEHEMOTH CREATED BY CHILEAN AND BRAZILIAN AIRLINE MERGER The merger of South America’s two largest airlines will inevitably lead to job losses said Gabriella Christie, CEO of Brazil’s largest airline, TAM. At the lower end of the markband, responses are mainly theoretical. These are internally marked by subject teachers and then externally moderated by IB examiners. Discuss the possible benefits and limitations to a Hong Kong travel company of targeting different market segments of the tourist market with different marketing activities Business Management HL - Study Guide - Miloš Drezga and Bella Kelly - Third Edition - IB Academy 2020 [ib. In the definitions, candidates must say something along the lines of “average cost” or “per unit. y Case study booklet required for higher level paper 1 and standard level paper 1 business. 5–6. : The ability of a firm to be able to pay its short-term debts. Senior-most executive responsible for financial control and planning of a firm or project. Inquiry is now at the core of the new curriculum and our Business Management. AAS MUST CHANGE STRATEGY, SAYS NEW BOSS Loss-making Australasian Airlines Explain why each point identified is relevant to the business. You can find the official subject brief with the 2024 curriculum for SL here and HL here. 3–4 • A description or partial analysis of some relevant issues with some use of business management tools (where applicable), techniques and theories. MITSUBISHI MOTORS REORGANISE STRUCTURE Mitsubishi Motors (MMC), the Japanese carmaker that is 37 per cent owned by DaimlerChrysler, revealed significant changes to its senior and middle management structure at a shareholders’ meeting. Sophie Smith is the chief executive (CEO) and Anna Grant, while still All Business and Management IA Examples. Their business now employs 33 people and it has a fleet of 2000 vehicles. A clean copy of the IB Business Management formulae sheet is required for this examination paper. This would require production to be halted for two weeks, and additional employee training would need to be provided to make employees multiskilled. WORK IN THE GOOGLEPLEX Larry Paige and Serge Brin graduated from America’s Sanford University in 1995. Value Added Resellers (VARS) are businesses which take a manufacturer’s product and add their own value before selling it. An actual (e. The internal strengths and weaknesses, and the external opportunities and threats are analysed and used to evaluate Accord’s business model. Business Management higher level and standard level paper 1: specimen pre-released statement Business Management higher level and standard level paper 1: specimen question paper Business Management higher level and standard level paper 1: specimen markscheme Business Management higher level paper 2: specimen question paper For the November 2021 exams this case study is entitled: Megamin Mining. Owners and managers cannot give responsibility to staff without empowering them. Incorporate these into the Q&A easyJet, Europe’s second largest low-cost airline, saw its share price rise strongly on its first day of trading as. Line numbers in the pre-release statement are shown in brackets. Business management subject brief. 2. Explain two of the ways that this research has segmented the total tourist market to Hong Kong. Bookings are a must. M = Markscheme/marking notes. The IB sells each of their older papers and mark schemes individually. The current Oxford Business Management classroom resource was written before the ATL (Approaches to Teaching and Learning) were clearly defined by the IB, meaning the principle of inquiry was not fully developed. (ii) calculating Y and Z, construct a profit and loss account for CIM, for 2022; [3] Y = Net profit before interest and tax = gross profit – expenses = $7000 - $500 = $6500. It's OK to refer to the old Business IA exemplars (especially the SL ones since the new IA is similar) for inspiration/ideas, but make sure . [6 marks] 2. Span of control 2. Average cost (lines 9-10) This refers to the cost per unit of production. Proposal considered, good use of evidence, particularly from section B, but no effective conclusion award a maximum of [8]. She was appointed to Victoria Smaill’s five-member team of programmers. IB Business Management – Finance and Accounts 3. academy] - Free download as PDF File (. y Read the case study carefully. 3 LEADERSHIP AND MANAGEMENT: EXAM PRACTICE QUESTION Read the case study below and answer the questions that follow. Discussion but no clear balance [6]. You can use this as a template and get students to create their own timelines of the BRD case study. A clean copy of the business management formulae sheet is required for this examination paper. LadyA Management Limited (LAM) faces both opportunities and threats according to a SWOT analysis conducted in January 2015. Z = Sales revenue = cost of goods sold + gross profit. In 2022, it had 468 for students and teachers going through the Business Management course in the IB diploma. com 2. = Available in language indicated, = Available in English only. Supported by digital resources in the online subscription. Although each case study will usually have questions from each Unit or different Units, each case study usually has an overgrowing presence of one particular Unit (e. y A clean copy of the business management case study is required for this examination paper. Award [1] for a clear understanding of one diseconomy of scale and an additional [1] for application to the stimulus. About. CASH FLOW DRYING UP FOR SMALL UK FIRMS Annabel Burton has a problem. Entrepreneur. txt) or read online for free. This factory has the capacity to manufacture 10 large (2. CATERING AT LE MENU Le Menu is a catering company, which was founded in 2013 by friends Arlia Roselin and Sophie Geden. The purpose of the pre-seen case study is to assess the students’ ability to apply business management Some reference to the stimulus material that goes beyond the name of a person(s) and/or the name of the organization. Here, we set out how teachers and students might prepare for the new method of • Few business management tools (where applicable), techniques and theories are explained or applied, and business management terminology is lacking. The case study is the same for both higher and standard level, but Oct 6, 2022 · IB Business Management – Paper 1 Case Study Pack Case Study: Peacewick University (PU) Key Terms For May 2022 examinations Key terms in italics apply to HL students only Training (1, 79, 141) Training is the process of developing the knowledge and skills of workers in order to enhance their confidence, competence, and commitment in the workplace. [4 marks] 3. , retail shop) or nominal place (e. Section B: answer question 4. IB Business Management; BMT Toolkit (NEW Syllabus) Paper 1-BM23; BM Exam Paper 2 & Paper 3 Pack; Workshops . Financial support from pharmaceutical companies could result in commercial production Janet Barrow's Guide to HL IB Business and Management: This 56-page guide provides tons of details on the exam format and content to know (based on the old course format). Identify one more likely cash payment that could be received by Burton Inc. The IB World School user is entitled to print and make copies of selected files or extracts for teaching, assessment or study purposes provided that all copies acknowledge the International Baccalaureate Organization (known as the IB) as the source. IB Business Management – Paper 1 Case Study Pack Case Study: Before One PLC (BON) Key Terms . 4. The maximum mark for this examination paper is [40 marks]. 2 ORGANISATIONAL STRUCTURE: ACTIVITY D. They can have significant influence on the organization, Use the case study as an example in your answer. BRD is considering changing to cellular production for its model train sets. Award a maximum of [2]. THE IB BUSINESS MANAGEMENT PRE-RELEASED CASE STUDY . It offers time saving assistance with editable exam practice sheets and worksheets, and answers to the activities and the exam-style questions in the coursebook. The other 3Ps largely relate to marketing services – people, process and physical evidence. The consultancy firm is asking the co-CEOs to consider a matrix structure as a possible option in the changes to the company’s organisational structure. Please note that the IB has announced to Heads of School and DP Coordinators that the above changes will also apply to the examinations in May 2022 and November 2022. com 5. Apr 11, 2022 · Changes to courses also bring the benefit of updating classroom resources. An analysis of the relevant issues with good use of business management tools (where applicable), techniques and theories. The merger of TAM Plc and LAM Plc – Chile’s Diploma Programme Business management guide. If they do not, award a maximum of [1] per term. Highlights50+ Sample Questions (All Units) 50+ Fully Using a SWOT framework, examine the strengths and weaknesses of TM. Essay Tips. Theoretical answer or context limited to naming the business or lack of development max [4]. Both Higher and Standard Level Paper 1 exams include questions based on a case study. 2006, 2010, 2016 and 2022. Sep 29, 2022 · Business Management is the study of both the way in which individuals and groups interact in an organisation and of the transformation of resources. See pages 23 – 24 5. You will be given questions to the case study when you sit the exam. The offering was priced at £3. You PAPER 1. The Marketing Mix: Consumers require the right product. These individual papers or mark schemes cost either $3 or $3. They are employed to carry out specific tasks or roles. Case Study Store. Using a SWOT analysis, examine the advantages and disadvantages of TM remaining in China. English as a second language learners are supported by international settings to case studies and topics, and clear and manageable delivery of business theory and concepts. You business management tools (where applicable), techniques and theories. Assesses all 5 topics of the IB BM syllabus Customer complaints to reduce by 3%, customer satisfaction survey results to be 90% or higher, increase new business sales by 15%. 2 Marketing planning: Activity C . Before the disaster, hopes had been high for PU for 2021/22. 2 MARKETING PLANNING: ACTIVITY A Read the case study below and answer the questions that follow. -. The case study is the same for both higher and standard level, but IB Business Management: BusinessManagementIB. The IB mission statement and the IB learner profile There are a small number of past IB Business and Management papers in French and Spanish available as well. Material in this product may be used in accordance with the following terms and conditions. 7 Cash Flow: Activity D IB Business Management: IBBusinessManagement. Starting from the May 2024 session, the Business IA requirements have changed. She recognised talent and achievement and wanted colleagues to reach their full potential. For May 2024 examinations. The International Baccalaureate, formerly known as the International Baccalaureate Organization, is a nonprofit Award a maximum of [2]. The plant currently produces over 210,000 vehicles. 99 (depending on how old they are). lr hq iy cd yn bl th jc ac nw