Take your HL Business Management preparation to the next level with these expertly designed case studies. Crafted by experienced IB educators, each case study presents real-world business scenarios accompanied by questions of varying difficulty to challenge and refine your understanding. Detailed markschemes identify the key concepts, terminology, and strategies needed to excel, while sample answers offer clear guidance on how to structure high-quality responses.  Organized into themes from the HL syllabus, these case studies are available in full-length versions for deep dives and shorter examples for focused revision. With three levels of difficulty, they are ideal for building confidence and developing the skills required to master Papers 1, 2, and 3. Whether you’re aiming for top marks or striving to strengthen your analytical abilities, these resources are an essential part of your exam preparation.

Real-world case studies for HL Business Management, crafted by IB experts, with questions, markschemes, and sample answers to master Papers 1, 2, and 3. Tailored for all skill levels to build confidence and achieve top marks.

Business Management

Introduction to Business Management

Human Resource Management

Finance and Accounts

Marketing

Operations Management

Paper 1

Paper 1 Case Studies

Maximize your potential in SL Business Management with these meticulously designed case studies. Developed by experienced IB teachers, each study features real-world business contexts with questions tailored to match the rigor of Papers 1 and 2. Accompanied by detailed markschemes, these case studies help you identify the key concepts and terminology needed to craft exam-ready answers. Sample responses are included to show how to turn your knowledge into well-structured, high-scoring answers.  The case studies are aligned with key syllabus themes and come in various formats, including full-length versions for comprehensive learning and shorter examples for quick, targeted practice. With three levels of difficulty to match your revision needs, these resources are perfect for improving your analytical skills and applying theory to practice. Whether for independent study or classroom learning, these case studies provide the foundation for success in SL Business Management.

IB-designed case studies for SL Business Management with real-world scenarios, markschemes, and sample answers. Perfect for mastering Papers 1 and 2 at any skill level.

Specimen Exam 2024

2024

2023

2022

2021

2020

Current Curriculum

This subtopic explores the purpose of businesses as organisations that provide goods or services, examining how they create value, meet customer needs, and aim to generate profit while managing resources effectively.

What is a Business

Focuses on the various types of business organizations such as sole traders, partnerships, and corporations.

Types of Business Entities

Foundational concepts of business activity, types of businesses, and the role of entrepreneurs.

Business Objectives

Focuses on the internal and external stakeholders in an organisation 

Stakeholders

Looks at the main functions within a business, such as marketing, operations, finance, and human resources.

Growth and Evolution

Explores the external environment in which businesses operate, including market conditions, economic factors, and regulatory frameworks.

Multinational Companies (MNCs)

Covers the processes involved in attracting, selecting, and hiring employees.

Introduction to Human Resource Management 

This subtopic examines how businesses arrange roles, responsibilities, and hierarchies to ensure efficient operations and communication.

Organizational Structure

This subtopic explores how leaders influence and inspire while managers plan and coordinate to achieve business objectives effectively.

Leadership and Management

Examines different theories and practices for motivating and retaining employees within an organization

Motivation and Demotivation

This subtopic explores the methods and importance of effective communication within businesses, focusing on how information is shared to support decision-making and collaboration.

Communication

Details the components and interpretation of financial statements like balance sheets and income statements

Final Accounts

Focuses on analyzing financial data using ratios and other tools.

Profitability and Liquidity Ratio Analysis

Examines methods for assessing the viability of investments and projects.

Investment Appraisal

This subtopic explores internal and external funding options available to businesses, such as retained profits, loans, and equity, focusing on their suitability for different financial needs.

Sources of Finance

This section covers managing revenue, costs, profit, and cash flow, focusing on budgeting, capital, and liquidity to develop essential financial literacy for business decision-making.

Introduction to Finance

This subtopic covers the calculation and management of costs and revenue, essential for assessing profitability and making informed business decisions.

Costs and Revenues

This subtopic focuses on the movement of money into and out of a business, highlighting its importance in maintaining liquidity and ensuring the business can meet its short-term obligations.

Cash Flow

This subtopic examines how marketing identifies and satisfies customer needs, drives brand awareness, and supports business growth through product development, promotion, pricing, and distribution strategies.

Introduction to Marketing

Examines the stages a product goes through from introduction to decline.

Marketing planning

Covers methods and techniques for conducting market research.

Market Research 

Focuses on the four Ps (Product, Price, Place, Promotion) and their application.

The Seven Ps of the Marketing Mix

This subtopic focuses on planning, organising, and controlling production processes to efficiently transform resources into goods and services, ensuring quality and meeting customer demand.

Introduction to Operations Management

Details different methods of production such as batch, flow, and job production.

Operations Methods

This subtopic examines how businesses choose optimal locations to maximise efficiency, reduce costs, and access markets or resources.

Location

This subtopic examines how businesses determine the point where total revenue equals total costs, helping assess profitability and decision-making.

Break-Even Analysis

Business Management Toolkit

Covers quantitative tools used for strategic planning and analysis in business, with a focus on tools for business portfolio management and planning.

Paper 2

Mock Exam Set 1

Mock Exam Set 2

Mock Exam Set 3

Mock Exam Set 4

Mock Exam Set 5

May 2025

Welcome to the initial stage of the IB SL Business Management Revision Ladder! Here, you’ll begin by tackling questions on fundamental definitions and introductory concepts across various units. This foundational review will prepare you for more complex topics as you progress!

Level 1

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Welcome to Level 2 of the IB SL Business Management Revision Ladder, where you'll deepen your understanding with more challenging questions spanning across various units.

Level 2

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Welcome to Level 3 of the IB SL Business Management Revision Ladder, where you'll deepen your understanding with more challenging questions spanning across various units.

Level 3

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In Level 4, you'll face advanced multiple-choice and concept-based questions, challenging you to demonstrate a deep understanding of intricate topics and their application.

Level 4

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Welcome to Level 5 , where you'll encounter sophisticated multiple-choice questions and complex scenarios, pushing the boundaries of your knowledge and analytical skills to new heights.

Level 5

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In Level 6, you'll tackle sophisticated analytical questions and scenarios, challenging you to demonstrate a mastery of key concepts and their practical implications without relying on case studies.

Level 6

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In Level 7, you'll encounter challenging multiple-choice questions and complex conceptual queries, testing your proficiency with advanced topics and demanding strategic application of knowledge.

Level 7

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Welcome to Level 8, where you'll face formidable multiple-choice questions and intricate conceptual queries, representing the pinnacle of difficulty and requiring a deep understanding and critical analysis of complex business scenarios.

IB Business Management HL

Questionbank

Case Studies

Practice Exams

Past Papers

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