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IB Business Management SL 6.1 Business Management Tools Questions

Practise selecting, constructing and applying business tools to case evidence, then interpret their outputs, assumptions and limitations to support strategic recommendations.

Syllabus
First assessment 2024
Course
Business management SL
Level
SL

Exam points

  • apply SWOT and STEEPLE to distinguish internal factors from external opportunities and threats
  • use Ansoff and BCG matrices to classify growth options, portfolio positions, risk and strategic movement
  • build business plans and decision trees, calculate expected values and descriptive statistics, and evaluate limits

Covered syllabus points

6.1.1—SWOT analysis6.1.2—Ansoff matrix6.1.3—STEEPLE analysis6.1.4—Boston Consulting Group matrix6.1.5—Business plan6.1.6—Decision trees6.1.7—Descriptive statistics6.1.8—Circular business models

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