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Paper 2
Exams
Paper 2

The Paper 2 exam (first assessments 2024) The Paper 2 exam is different from those in previous iterations of the syllabus. A significant change is that the stimulus material will be presented in parts,...

25 November 2024
1 - Intro to BM
1 - Intro to BM
1 - Intro to BM Free

Unit 1 - Introduction to Business Management The first unit of the IB Business Management syllabus provides the introductory context to business management. Unit 1 examines both the internal and external...

24 November 2023
Economies & diseconomies of scale
1 - Intro to BM
Economies & diseconomies of scale

Internal & external economies and diseconomies of scale (AO2) Economies of scale enable a business to benefit from lower average costs (the cost per unit) by increasing the size of its operations. Hence,...

20 November 2024
Types of for-profit organizations
1 - Intro to BM
Types of for-profit organizations

Types of for-profit organizations (AO3) This section of the IB Business Management syllabus covers the following types of for-profit (commercial) organizations: Sole traders Partnerships Privately held...

22 August 2024
External growth methods
1 - Intro to BM
External growth methods

External growth methods (AO3) "We can't become what we need to be by remaining what we are."- Oprah Winfrey (b. 1954), American television producer, author, and philanthropist External growth (or inorganic...

24 November 2024
For-profit social enterprises
1 - Intro to BM
For-profit social enterprises

Types of for-profit social enterprises (AO3) Source: TradeKindness “Social and environmental dimensions are woven into the fabric of the company itself. They are neither first nor last among our objectives,...

07 December 2024
BMT 2 - Ansoff matrix
BMT
BMT 2 - Ansoff matrix

Business Management Toolkit 2 - Ansoff matrix The Ansoff growth matrixSource: adapted from Ansoff, I.: Strategies for Diversification, Harvard Business Review, Vol. 35 Issue 5, Sep-Oct 1957, pp. 113-124...

23 August 2024
BMT 3 - STEEPLE analysis
BMT
BMT 3 - STEEPLE analysis

Business Management Toolkit 3 - STEEPLE analysis “The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself.”- George Bernard Shaw (1856 -1950),...

04 December 2024
The interests of stakeholders
1 - Intro to BM
The interests of stakeholders

The interests of stakeholders (AO2) Stakeholders are individuals, businesses, or groups with a vested interest in the activities and outcomes of a specific organization. All stakeholder groups are directly...

24 September 2024
1.5 Growth and evolution
1 - Intro to BM
1.5 Growth and evolution Free

Unit 1.5 - Growth and evolution This section of the IB Business Management syllabus examines the growth and evolution of business organizations. Almost all businesses strive to grow, whether this is...

04 January 2024