Business Management Extended Essay Exemplar: To what extent has Novo… | RevisionDojo
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IB Business Management SL Extended Essay Example
To what extent has Novo Nordisk’s pricing strategy contributed to
Ozempic’s market positioning in the U.S. private healthcare market between 2021 and 2024?SL
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B
Overall Score
20/28
Criteria A: Focus and Method
5/6
0
3
6
Criteria Strands
A.1Topic communication and explanation
Excellent
A.2Research question formulation and focus
Excellent
A.3Research methodology
Good
Criteria Feedback
Your investigation is clearly framed around a specific company, product, market, and time period, which keeps the line of inquiry focused.
You explain the topic well and maintain a consistent evaluative question throughout the report.
Your method uses a range of relevant secondary sources and shows awareness of proxy measures and their limits.
Some key terms, especially the way you evidence market positioning, could be defined more precisely.
A few planned methods are not fully carried through in the final analysis.
The evidence base would be stronger with more direct U.S.-specific measures tied to the question.
Criteria B: Knowledge and Understanding
4/6
0
3
6
Criteria Strands
B.1Application of source material
Good
B.2Subject knowledge
Good
B.3Use of terminology and concepts
Good
Criteria Feedback
You use business terminology accurately in most places, including concepts such as price-quality inference, premium pricing, inelastic demand, stakeholder, and list versus net price.
You show a clear understanding of the pharmaceutical market context, including insurance, rebates, shortages, and advertising constraints.
You apply a range of source material that is generally relevant and credible.
Some concepts are stretched beyond what the evidence can directly support.
You sometimes move too quickly from broad market data to claims about Ozempic-specific consumer perception.
A few ideas are introduced but not applied with enough precision in the final argument.
Criteria C: Critical Thinking
9/12
0
6
12
Criteria Strands
C.1Research quality
Moderate
C.2Analysis depth
Moderate
C.3Discussion and evaluation
Moderate
Criteria Feedback
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Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
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Criteria D: Presentation
2/4
0
2
4
Criteria Strands
D.1Structure appropriateness
Good
D.2Layout and formatting
Moderate
Criteria Feedback
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.