November 2024 Updates and Notices

Sunday 3 November 2024

November 2024 Updates and Notices

Welcome to the November 2024 Newsletter!

Some of the updates during the past month include:

  • A wordsearch resource created and shared by Sylvaine Plan to help students review key terms from Unit 1 - Introduction to Business Management of the syllabus. Sylvaine is the EE Coordinator at Premier International IB Continuum School, Nepal. Many thanks to Sylvaine for supporting the InThinking community with this. The wordsearch can be accessed here.

  • A new set of multiple choice questions (MCQ) have been added here for Unit 4.1 - Market orientation vs Product orientation. There are twenty self-marked questions, with accompanying answers and explanations, to support students with this introductory section of the Marketing unit, which can be accessed here.

  • A new exam practice question based on the calculation of the return on capital employed (ROCE) ratio has been added here.

  • I am extremely grateful for the collaboration with Kim Forbes and Bradley Deren in getting the latest Paper 3 resource on InThinking Business Management. Many thanks for your hard work in getting this complete Kim and Bradley! The information has been updated to incorporate advice to teachers in the May 2024 Subject Report, available on My IB. Both Kim (Head of Department) and Bradley teach at Dubai American Academy in the United Arab Emirates. Teachers can access the resource here.

  • Teachers may be interested to know that the IB recently updated the syllabus (July 2024). Please make sure you use this latest version of the guide. Details of the changes are highlighted in the blog here.

  • The Exams Tracker feature on InThinking Business Management has been updated to include the recent November 2024 exams. The resource can be accessed from the Exams Tracker homepage here.

In mid October, we welcomed Dr. James Kioko and Paul Mungai from Nairobi Waldorf School Trust, Kenya, as our 2,500th and 2,501st teachers using the InThinking Business Management website.

In October, we also welcomed our 2,100th teacher member to the InThinking Business Management Facebook group. At the time of writing, there are 2,132 teachers in this group who share questions, ideas, and resources on a regular basis. We also have 741 teachers in our WhatsApp group who engage in daily discussions about our wonderful subject in the Diploma Programme.

At the end of October 2024, there were 2,527 registered teachers and 26,299 students from across 119 different countries using the InThinking Business Management website. Content on the website exceeds 1,900,000 words - to put this into context, that's more than 475 Extended Essays(!). So, there are plenty of resources to engage and support teachers and students alike.

CPD opportunities in November

For teachers interested in upcoming Think-In courses (virtual training and upskilling webinars hosted by InThinking), please note the following events are now live for registration:

Date

Think-In upskilling course

Registration link

26th Nov

DP Focus On: Paper 2 quantitative techniques (first exams 2024)

https://inthinking.net/think-ins/1524

27th Nov

DP Focus On: Paper 3 HL only (first exams 2024)

https://inthinking.net/think-ins/1525

29th Nov

DP Focus On: The Extended Essay (final exams N26)

https://inthinking.net/think-ins/1526

4th Dec

Keys to Success: The new IA in DP Business Management

https://inthinking.net/think-ins/1542

There will be further Think-In courses in 2025, which will include the new Paper 1 for M25 exams as well as the new Extended Essay (first teaching 2025). Please keep an eye on the CPD webpage for updates.

Subscribers might be pleased to learn that their students can gain free access to the InThinking Business Management website by activating Student Access. In addition, other Business Management teachers at your school can also be registered to use the site, which is updated weekly throughout the year. The annual subscription therefore offers excellent value and can save you hundreds of hours in planning:

Currency

Annual

Per week

Per day

USD

285

5.48

0.78

EUR

250

4.81

0.68

GBP

225

4.33

0.62

Wishing you all the best for the busy month ahead.

Paul Hoang