By the Numbers – the SL IABy the Numbers – the SL Business Management Internal Assessment (IA)By Rhys Thomas1 IA1 company in 1 industry3 - 5 supporting documents7 assessment criteria1,500 words25% of your final mark2 uploadsRight – Got that? Excellent, should be easy, yes? Well, maybe. Let’s get into the numbers in a little more depth to understand exactly what needs to be...

Top tips for HL IA – Primary researchWritten by Dr. Rima Puri, in collaboration with Paul HoangIn this section of the website, my esteemed IBEN colleague, Dr. Rima Puri, and I provide some sound suggestions on how to create instrument designs for primary data collection as part of the Business Management Higher Level Internal Assessment.Data collection is a very significant step in the research...

August 2021 updates and noticesIt's already August! The time when many May centres start to return for the new academic year and the November centres prepare their students for the Paper 1 case study.The InThinking Business Management website continues to grow, with 799 registered teachers and 3,008 students (remember, you can activate Student Access for free to use with your students). Content...

Unit 2.3 Smart quiz questionsReview your understanding of Unit 2.3 Leadership and management by taking this smart quiz. You will need to drag and drop the correct terms into the spaces provided in each question. There are 10 questions in total in this quiz. Do note that there are distractors (incorrect options) included as an extra challenge!Unit 2.3 Key terms - Leadership and Management 19/06/2021...

Unit 1.1 - Introduction to business managementLearning outcomesBusinesses exist to satisfy the needs and wants of their customers by selling goods and services, usually in return for profit. This section of the syllabus considers the main functions of business organizations (HRM, finance, marketing and operations management).The learning outcomes (or assessment objectives) for this section of the...

The role of businesses (AO2)The first section of the IB Business Management syllabus looks at the role of businesses in combining human, physical and financial resources to create goods and services (AO2).A business can be defined as a decision-making organization established to produce goods and/or provide services. Goods are physical products, e.g. food, clothes, furniture, cars and smartphones....

Unit 1 - Business organization and environmentUnit 1 - Business organization and environmentThis unit of the IB Business Management syllabus provides the introductory context to business management. Unit 1 examines both the internal and external business environments, using a range of business management tools, theories and techniques. These include types of business organizations, organizational...

The main business functions and their roles (AO2)In order to provide goods and services, businesses carry out a number of functions. In large organizations, there is scope for these functions to be split into departments (or functional areas):human resourcesfinance and accountsmarketing, andoperations management.However, a sole trader is likely to have to carry out these functions by themselves.Human...

NotificationRecently, a lot of teachers have been asking about the timing of the release of the new syllabus. Please note the following:Final exams for the current/outgoing syllabus is November 2023.First exams for the new syllabus is May 2024 (for candidates starting the DP in the 2022/23 academic year).The new syllabus will not be available until Feb/March 2022 on My IB / the PRC.Official IB Workshops...

1.2 Types of organizationsLearning outcomesThis section of the IB Business Management syllabus covers the main types or categories of business organizations, that operate in either the private sectors (such as sole traders, partnerships and limited liability cmpanies / corporations) or the public sector (with the main aim of providing essential goods and services for the general public).The learning...