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.
Our first release is a comprehensive bank of multi-choice questions which will shortly be followed by IB exam-style questions, past paper solutions, practice exams, and the many other modes of learning you’ve come to know and love on Revision Village.
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
2.1 - Introduction to Human Resource Management
Role of Human Resource Management, Internal & External Factors Impacting HRM, Resistance to Change, HRM Strategies
2.2 - Organizational Structure
Types of Organizational Structures, Types of Organization Charts, Charles Handy’s “Shamrock Organization”
2.3 - Leadership and Management
Scientific & Intuitive Thinking/Management, Leadership & Management, Leadership Styles
2.4 - Motivation and Demotivation
Motivational Theories, Financial & Non-Financial Rewards, Training & Appraisal, Labour Turnover, Methods of Recruitment
2.5 - Organizational Culture
Types of Organizational Culture, Cultural Clashes in Organizations
3.2 - Sources of Finance
Internal & External Sources of Finance, Short & Long Term Sources of Finance
3.4 - Final Accounts
Final Accounts, Types of Intangible Assets, Depreciation, Straight Line Method, Units of Production Method
3.6 - Efficiency Ratio Analysis
Efficiency Ratio, Stock Turnover, Debtor Days, Creditor Days, Gearing Ratio, Insolvency versus Bankruptcy
3.8 - Investment Appraisal
Investment Appraisal, Payback Period, Average Rate of Return, Net Present Value
4.1 - Introduction to Marketing
Market-Orientation, Product Orientation, Market Share, Market Growth, Market Leadership
4.2 - Marketing Planning
Segmentation, Targeting, Positioning, Niche & Mass Market, Unique Selling Point
4.4 - Market Research
Primary and Secondary Market Research, Qualitative and Quantitative Research, Sampling
4.5 - The Seven P's of The Marketing Mix
Product, Price, Promotion, Place, People, Processes, Physical Evidences, Marketing Mix, Branding
5.2 - Operations Methods
Job Production, Batch Production, Mass/Flow production, Mass Customization
5.3 - Lean Production and Quality Management
Lean Production, Cradle to Cradle Design & Manufacturing, Quality Control & Quality Assurance, Managing Quality
5.5 - Break-Even Analysis
Break-Even Analysis/Chart, Total Contribution Versus Contribution Per Unit
5.6 - Production Planning
Just-In-Time/Case, Stock Control Charts, Capacity Utilization, Defect & Labour Productivity Rate, Cost-To-Buy/Make
5.8 - Research and Development
Research & Development, Intellectual Property Protection, Incremental & Disruptive Innovation
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More IB Business Mgmt HL Resources
All the questions you could need! Sorted by topic and arranged by difficulty, with mark schemes and video solutions for every question.
Choose your revision tool! Contains topic quizzes for focused study, Revision Village mock exams covering the whole syllabus, and the revision ladder to precisely target your learning.
Helpful refreshers summarizing exactly what you need to know about the most important concepts covered in the course.
Full worked solutions to all past paper questions, taught by experienced IB instructors.