IB Business Management HL
Questionbank
The IB Business Management HL (Higher Level) Questionbank is a great source of practice questions, coming from the entire syllabus! Each question comes with a clear markscheme and solution video, with an experienced IB teacher going through the question step-by-step. The questions are organized by topic and arranged by difficulty, making it the perfect resource for studying a particular concept.
Unit 1
Introduction to Business Management
1.1 - What is a Business?
The Nature of Business, Sectors of the Economy, Entrepreneurship, Challenges & Opportunities for Starting Up a Business
1.2 - Types of Business Entities
Sole Traders, Partnerships, Privately & Publicly Held Companies, Private & Public Sector Companies, Cooperatives, NGOs
1.3 - Business Objectives
Vision & Mission Statement , Business Objectives, Strategic & Tactical Objectives, Corporate Social Responsibility
1.5 - Growth and Evolution
Economies & Diseconomies of Scale, Mergers & Acquisitions, Takeovers, Joint Ventures, Strategic Alliances, Franchising
Unit 2
Human Resource Management
Unit 2 All
All Questions in Unit 2 Human Resource Management
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2.1 - Introduction to Human Resource Management
Role of Human Resource Management, Internal & External Factors Impacting HRM, Resistance to Change, HRM Strategies
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2.2 - Organizational Structure
Types of Organizational Structures, Types of Organization Charts, Charles Handy’s “Shamrock Organization”
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2.3 - Leadership and Management
Scientific & Intuitive Thinking/Management, Leadership & Management, Leadership Styles
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2.4 - Motivation and Demotivation
Motivational Theories, Financial & Non-Financial Rewards, Training & Appraisal, Labour Turnover, Methods of Recruitment
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2.5 - Organizational Culture
Types of Organizational Culture, Cultural Clashes in Organizations
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2.6 - Communication
Formal & Informal Methods of Communication, Barriers to Communication
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2.7 - Industrial/Employee Relation
Sources of Conflict in the Workplace, Approaches to Conflict in the Workplace, Approaches to Conflict Resolution
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Unit 3
Finance and Accounts
Unit 3 All
All Questions in Unit 3 Finance and Accounts
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3.1 - Introduction to Finance
Role of Finance, Capital Expenditure, Revenue Expenditure
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3.2 - Sources of Finance
Internal & External Sources of Finance, Short & Long Term Sources of Finance
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3.3 - Costs and Revenues
Types of Costs, Total Revenue & Revenue Streams
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3.4 - Final Accounts
Final Accounts, Types of Intangible Assets, Depreciation, Straight Line Method, Units of Production Method
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3.5 - Profitability and Liquidity Ratio Analysis
Profitability ratios, Liquidity Ratios
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3.6 - Efficiency Ratio Analysis
Efficiency Ratio, Stock Turnover, Debtor Days, Creditor Days, Gearing Ratio, Insolvency versus Bankruptcy
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3.7 - Cash Flow
Cash Flow, Investment, Profit, Working Capital, Liquidity Position
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3.8 - Investment Appraisal
Investment Appraisal, Payback Period, Average Rate of Return, Net Present Value
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3.9 - Budgets
Budgets, Variances, Cost & Profit Centres, Constructing a Budget
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Unit 4
Marketing
Unit 4 All
All Questions in Unit 4 Marketing
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4.1 - Introduction to Marketing
Market-Orientation, Product Orientation, Market Share, Market Growth, Market Leadership
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4.2 - Marketing Planning
Segmentation, Targeting, Positioning, Niche & Mass Market, Unique Selling Point
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4.3 - Sales Forecasting
Benefits & Limitations of Sales Forecasting
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4.4 - Market Research
Primary and Secondary Market Research, Qualitative and Quantitative Research, Sampling
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4.5 - The Seven P's of The Marketing Mix
Product, Price, Promotion, Place, People, Processes, Physical Evidences, Marketing Mix, Branding
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4.6 - International Marketing
International Marketing
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Unit 5
Operations Management
Unit 5 All
All Questions in Unit 5 Operations Management
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5.1 - Introduction to Operations Management
Role of Operations Management
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5.2 - Operations Methods
Job Production, Batch Production, Mass/Flow production, Mass Customization
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5.3 - Lean Production and Quality Management
Lean Production, Cradle to Cradle Design & Manufacturing, Quality Control & Quality Assurance, Managing Quality
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5.4 - Location
Outsourcing/Subcontracting, Offshoring, Insourcing, Reshoring
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5.5 - Break-Even Analysis
Break-Even Analysis/Chart, Total Contribution Versus Contribution Per Unit
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5.6 - Production Planning
Just-In-Time/Case, Stock Control Charts, Capacity Utilization, Defect & Labour Productivity Rate, Cost-To-Buy/Make
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5.7 - Crisis Management and Contingency Planning
Crisis Management, Contingency Planning
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5.8 - Research and Development
Research & Development, Intellectual Property Protection, Incremental & Disruptive Innovation
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5.9 - Management Information Systems
Data Analytics, Cybersecurity, Artificial Neural Networks, Artificial Intelligence, Digital Taylorism
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Toolkit
Business Management Toolkit
Toolkit All
All Questions in Toolkit Business Management Toolkit
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BMT 1 - SWOT Analysis
SWOT Analysis
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BMT 2 - Ansoff Matrix
Ansoff Matrix
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BMT 3 - STEEPLE Analysis
STEEPLE Analysis
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BMT 4 - Boston Consultancy Group Matrix
Boston Consultancy Group Matrix
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BMT 5 - Business Plan
Business Plan
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BMT 6 - Decision Trees
Decision Trees
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BMT 7 - Descriptive Statistics
Descriptive Statistics
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BMT 8 - Circular Business Models
Circular Business Models
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BMT 9 - Gantt Charts
Gantt Charts
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BMT 10 - Porter's Generic Strategies
Porter's Generic Strategies
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BMT 11 - Hofstede's Cultural Dimensions
Hofstede's Cultural Dimensions
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BMT 12 - Force Field Analysis
Force Field Analysis
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BMT 14 - Critical Path Analysis
Critical Path Analysis
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BMT 13 - Contribution
Contribution
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BMT 15 - Simple Linear Regression
Simple Linear Regression
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