IB Business Management SL - Questionbank

The IB Business Management SL (Standard 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.

Unit 1

Introduction to Business Management

Unit 1 All

All Questions in 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

1.4 - Stakeholders

Internal & External Stakeholders, Conflicts Between Stakeholders

1.5 - Growth and Evolution

Economies & Diseconomies of Scale, Mergers & Acquisitions, Takeovers, Joint Ventures, Strategic Alliances, Franchising

1.6 - Multinational Companies

Multinational Companies

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

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2.3 - Leadership and Management

Leadership & Management, Leadership Styles

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2.4 - Motivation and Demotivation

Motivational Theories, Maslow, Taylor & Herzberg, Financial & Non-Financial Rewards, Types of Training

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2.6 - Communication

Formal & Informal Methods of Communication, Barriers to Communication

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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

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3.5 - Profitability and Liquidity Ratio Analysis

Profitability ratios, Liquidity Ratios

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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

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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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4.4 - 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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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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5.4 - 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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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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More IB Business Mgmt SL Resources

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Questionbank

All the questions you could need! Sorted by topic and arranged by difficulty, with mark schemes and video solutions for every question.

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Practice Exams

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.

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Key Concepts

Helpful refreshers summarizing exactly what you need to know about the most important concepts covered in the course.

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Past Papers

Full worked solutions to all past paper questions, taught by experienced IB instructors.