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IB Business Management HL 1.1 What Is a Business Questions

Apply IB Business Management HL concepts to entrepreneurship, business sectors, resource combinations and the opportunities and risks facing start-ups.

Syllabus
First assessment 2024
Course
Business management HL
Level
HL

Exam points

  • Distinguish business sectors and apply resource use, value creation and stakeholder effects to a case.
  • Analyse how entrepreneurial risk, innovation, finance and resource decisions shape a start-up.
  • Evaluate start-up choices by weighing finance, competition, infrastructure and market uncertainty.

Covered syllabus points

1.1.1—Nature of business1.1.2—Business sectors1.1.3—Entrepreneurship1.1.4—Start-up challenges and opportunities

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