Business Management - IB Resources | RevisionDojo

Business Management

First Exam: 2024

IB Business Management is a Group 3 subject in the International Baccalaureate Diploma Programme (IBDP). It explores business fundamentals, human resource management, finance and accounts, marketing, and operations management, with a strong focus on case study analysis, real-world business applications, and strategic decision-making.

The course is available at Standard Level (SL, 150 teaching hours) and Higher Level (HL, 240 teaching hours), with first assessment in 2024.

Assessment at a Glance

Assessment	Format	SL	HL	Weighting
Paper 1	Case study-based exam	1h 30min	1h 30min	SL: 35%, HL: 25%
Paper 2	Core themes exam	1h 30min	1h 30min	SL: 35%, HL: 30%
Paper 3	Social enterprise case study	N/A	1h 15min	HL: 25%
Internal Assessment	Written commentary (SL) / Research project (HL)	Various	Various	SL: 30%, HL: 20%

All Topics

1.1 What is a business?

1.2 Types of business entities

1.3 Business objectives

1.4 Stakeholders

1.5 Growth and evolution

1.6 Multinational companies

2.1 Introduction to HR management

2.2 Organizational structure

2.3 Leadership and management

2.4 Motivation and demotivation

2.5 Organizational (corporate) culture (HL only)

2.6 Communication

2.7 Industrial/employee relations (HL only)

3.1 Introduction to finance

3.2 Sources of finance

3.3 Costs and revenues

3.4 Final accounts

3.5 Profitability and liquidity ratio analysis

3.6 Efficiency ratio analysis (HL only)

3.7 Cash flow

3.8 Investment appraisal

3.9 Budgets (HL only)

4.1 Introduction to marketing

4.2 Marketing planning

4.3 Sales forecasting (HL only)

4.4 Market research

4.5 The seven Ps of the marketing mix

4.6 International marketing (HL only)

5.1 Introduction to operations management

5.2 Operations methods

5.3 Lean production and quality management (HL only)

5.4 Location

5.5 Break-even analysis

5.6 Production planning (HL only)

5.7 Crisis management and contingency planning (HL only)

5.8 Research and development (HL only)

5.9 Management information systems (HL only)

SWOT analysis

Ansoff matrix

STEEPLE analysis

Boston Consulting Group (BCG) matrix

Business plan

Decision trees

Descriptive statistics

Circular business models

Force field analysis (HL only)

Gantt chart (HL only)

Hofstede's cultural dimensions (HL only)

Porter's generic strategies (HL only)

Contribution (HL only)

Critical path analysis (HL only)

Simple linear regression (HL only)

More Resources

Practice

Questionbank

Practice questions with AI feedback

1026 questions

Exam builder

Build your own mock exam

Predicted Papers

Prediction exams for practice

11 papers

Learn

Updated

Textbooks

Comprehensive notes with diagrams and examples

454 chapters

Lessons

Step-by-step lessons and quizzes

210 lessons

Flashcards

Learn key concepts with active recall

807 flashcard decks

Cheatsheets

Chapter summaries, key concepts, and exam tips

37 cheatsheets

Key Definitions

Essential terms and concepts explained

Tools

Data Booklet

Key formulas and constants

Coursework

IA/EE Exemplars

High-quality IA & EE examples

New

IA/EE Guide

Step-by-step coursework guidance

Course Aims & Skills

Develop as confident, creative and compassionate business leaders, entrepreneurs, social entrepreneurs and as change agents

Foster an informed understanding of ethical and sustainable business practices

Explore the connections between individuals, businesses and society

Frequently Asked Questions

Ready to start studying?

Business Management

International Baccalaureate (IB)

First Exam: 2024

The course is available at Standard Level (SL, 150 teaching hours) and Higher Level (HL, 240 teaching hours), with first assessment in 2024.

Assessment at a Glance

Assessment	Format	SL	HL	Weighting
Paper 1	Case study-based exam	1h 30min	1h 30min	SL: 35%, HL: 25%
Paper 2	Core themes exam	1h 30min	1h 30min	SL: 35%, HL: 30%
Paper 3	Social enterprise case study	N/A	1h 15min	HL: 25%
Internal Assessment	Written commentary (SL) / Research project (HL)	Various	Various	SL: 30%, HL: 20%

All Topics

1.1 What is a business?

1.2 Types of business entities

1.3 Business objectives

1.4 Stakeholders

1.5 Growth and evolution

1.6 Multinational companies

2.1 Introduction to HR management

2.2 Organizational structure

2.3 Leadership and management

2.4 Motivation and demotivation

2.5 Organizational (corporate) culture (HL only)

2.6 Communication

2.7 Industrial/employee relations (HL only)

3.1 Introduction to finance

3.2 Sources of finance

3.3 Costs and revenues

3.4 Final accounts

3.5 Profitability and liquidity ratio analysis

3.6 Efficiency ratio analysis (HL only)

3.7 Cash flow

3.8 Investment appraisal

3.9 Budgets (HL only)

4.1 Introduction to marketing

4.2 Marketing planning

4.3 Sales forecasting (HL only)

4.4 Market research

4.5 The seven Ps of the marketing mix

4.6 International marketing (HL only)

5.1 Introduction to operations management

5.2 Operations methods

5.3 Lean production and quality management (HL only)

5.4 Location

5.5 Break-even analysis

5.6 Production planning (HL only)

5.7 Crisis management and contingency planning (HL only)

5.8 Research and development (HL only)

5.9 Management information systems (HL only)

SWOT analysis

Ansoff matrix

STEEPLE analysis

Boston Consulting Group (BCG) matrix

Business plan

Decision trees

Descriptive statistics

Circular business models

Force field analysis (HL only)

Gantt chart (HL only)

Hofstede's cultural dimensions (HL only)

Porter's generic strategies (HL only)

Contribution (HL only)

Critical path analysis (HL only)

Simple linear regression (HL only)

More Resources

Practice

Questionbank

Practice questions with AI feedback

1026 questions

Exam builder

Build your own mock exam

Predicted Papers

Prediction exams for practice

11 papers

Learn

Updated

Textbooks

Comprehensive notes with diagrams and examples

454 chapters

Lessons

Step-by-step lessons and quizzes

210 lessons

Flashcards

Learn key concepts with active recall

807 flashcard decks

Cheatsheets

Chapter summaries, key concepts, and exam tips

37 cheatsheets

Key Definitions

Essential terms and concepts explained

Tools

Data Booklet

Key formulas and constants

Coursework

IA/EE Exemplars

High-quality IA & EE examples

New

IA/EE Guide

Step-by-step coursework guidance

Course Aims & Skills

Develop as confident, creative and compassionate business leaders, entrepreneurs, social entrepreneurs and as change agents

Foster an informed understanding of ethical and sustainable business practices

Explore the connections between individuals, businesses and society

Frequently Asked Questions

Ready to start studying?

All Topics

More Resources

Practice

Learn

Tools

Coursework

Course Aims & Skills

Frequently Asked Questions

What is IB Business Management and what do you learn?

What is IB Business Management and what do you learn?

Are there any prerequisites for IB Business Management?

Are there any prerequisites for IB Business Management?

How difficult is IB Business Management?

How difficult is IB Business Management?

What is the difference between HL and SL in Business Management?

What is the difference between HL and SL in Business Management?

How is IB Business Management assessed?

How is IB Business Management assessed?

What career prospects does IB Business Management provide?

What career prospects does IB Business Management provide?

All Topics

More Resources

Practice

Learn

Tools

Coursework

Course Aims & Skills

Frequently Asked Questions

What is IB Business Management and what do you learn?

What is IB Business Management and what do you learn?

Are there any prerequisites for IB Business Management?

Are there any prerequisites for IB Business Management?

How difficult is IB Business Management?

How difficult is IB Business Management?

What is the difference between HL and SL in Business Management?

What is the difference between HL and SL in Business Management?

How is IB Business Management assessed?

How is IB Business Management assessed?

What career prospects does IB Business Management provide?

What career prospects does IB Business Management provide?

All Topics

More Resources

Practice

Learn

Tools

Coursework

Course Aims & Skills

Frequently Asked Questions

What is IB Business Management and what do you learn?

What is IB Business Management and what do you learn?

Are there any prerequisites for IB Business Management?

Are there any prerequisites for IB Business Management?

How difficult is IB Business Management?

How difficult is IB Business Management?

What is the difference between HL and SL in Business Management?

What is the difference between HL and SL in Business Management?

How is IB Business Management assessed?

How is IB Business Management assessed?

What career prospects does IB Business Management provide?

What career prospects does IB Business Management provide?