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IB Business Management HL - Case Studies

Paper 1-type questions focus on structured questions on a pre-release statement. Paper 2-type questions focus on structured questions and in-depth analytical responses. Lastly, paper 3 focuses on an unseen stimulus material about a social and sustainable enterprise. All three papers test knowledge of data interpretation, application of business management tools and theories, assessing understanding and practical application of financial and business concepts.

How do I use this resource?

Introduction to Business Management

Human Resource Management

Finance and Accounts

Operations Management

This case study examines how Aventis, addresses declining profits by exploring options to finance an online store, including converting to a publicly held company or partnering with a business angel, Martin Kelly.

YellowBelly

The case study considers gym expansion or restaurant acquisition to boost market presence in Dublin's fitness and dining landscape.

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More IB Business Mgmt HL Resources

Questionbank.

All the questions you could need! Sorted by topic and arranged by difficulty, with mark schemes and video solutions for every question.

Case Studies

Paper 1-type questions focus on structured questions on a pre-release statement. Paper 2-type questions focus on structured questions, and paper 3 focuses on unseen stimulus on a social enterprise.

Practice Exams

Choose your revision tool! Contains topic quizzes for focused study, Revision Village mock exams covering the whole syllabus, and the revision ladder to precisely target your learning.

Past Papers

Full worked solutions to all past paper questions, taught by experienced IB instructors.

Choose Your Test

Sat / act prep online guides and tips, the best ib business and management notes and study guide for sl/hl.

International Baccalaureate (IB)

If you're in the IB Business and Management SL/HL class and want a little extra study help for your in-class test or the final IB exam, you've come to the right place. Here, I've gathered the best free online IB Business and Management notes into one convenient place for you .

This IB Business and Management study guide is organized according to the newly-revamped, official SL/HL syllabus .

2022 IB Exam Changes Due to COVID-19

Because of the ongoing COVID-19 (coronavirus) pandemic, the IB has decided to extend the adaptations which were put in place for 2021 to 2022. May 2022 IB assessments will have two routes, exam and non-exam, depending on which your school chooses. Stay up to date with the latest information on what this means for IB diplomas, course credit for IB classes, and more with our our IB COVID-19 FAQ article .

How to Use This IB Business and Management Study Guide

If you need help with one topic, use the ctrl + f function on your keyboard to search for that topic. For example, let's say you want to read about Marketing Planning. To find that information quickly, use ctrl + f to bring up the search function. Next, type "marketing planning" and it'll bring up all the materials that match that term.

If you are just looking for IB exam study resources, you can skip to the end of this article to the "Comprehensive Notes" section . There, you'll find resources that cover the IB Business and Management exam as a whole.

Use this IB Business and Management study guide during the school year to help you prep for in-class tests . If you're struggling to understand class lectures, make sure you're getting additional help so that you learn the material throughout the school year. Don't wait to cram it in until right before the final IB Business and Management exam!

The Best Study Practices for IB Business and Management

The absolute best way to study for IB Business and Management tests and cement what you've studied is to practice past paper questions as you learn new topics in the classroom . Writing about concepts you're studying helps solidify them in your memory.

Also, there's a chance that you'll see the ideas covered in old paper topics somewhere on the final IB exam! You can find past IB Business and Management SL/HL papers in our guide .

As mentioned above, if you're struggling with the material in class, don't wait to ask for help . The best way to ensure you do well on the IB test is to learn the material throughout the year. If you're struggling to understand class lectures, you should also be reading the corresponding chapter in a textbook or study guide.

Common Study Mistakes for IB Business and Management

If you're having trouble in your IB Business and Management SL or HL class, you will need to seek additional help fast so you don't fall behind. Master the material during the school year and you'll be guaranteed to rock your IB papers!

But that doesn't mean you don't need to study to do well. The two most common study mistakes are as follows:

• Ignoring the material you don't understand in the classroom: If you didn't understand it in the classroom, seek help elsewhere, such as by using this IB Business and Management study guide or hiring a tutor.
• Waiting to learn the material until a week or two before the papers: There is a lot of material to master for the IB Business and Management class. A week or two is not enough time to get down everything you'll need to know (that's why the course is taught over a couple of years!). Be sure to learn the material as you're supposed to learn it in class.

The Best IB Business Management Notes Online

Here, we give you a complete set of IB Business and Management notes for every topic. Note that the IB Business course was completely restructured in 2022. Not all the notes have been updated to fit the new format, so you may see slightly different unit names/numbers when you click on links. But, rest assured, all the links correspond to the subunit they're linked under.

Unit 1: Introduction to Business Management (20 Hours SL and HL)

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 (MNCs)

Unit 2: Human Resource Management (20 Hours SL, 35 hours for HL)

2.1 Introduction to human resource 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)

Unit 3: Finance and Accounts (30 Hours SL, 45 hours for HL)

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 Debt/equity ratio analysis (HL only)

3.7 Cash flow

3.8. Investment appraisal

3.9 Budgets (HL only)

Unit 4: Marketing (30 Hours SL, 35 hours for HL)

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)

Unit 5: Operations Management (15 Hours SL, 45 hours for HL)

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)

Comprehensive Notes for IB Business and Management

These final resources are more comprehensive and cover all main topics you'll need to know for the IB Business and Management exam.

• Janet Barrow's Guide to HL IB Business and Management : This 56-page guide provides tons of details on the exam format and content to know (based on the old course format).
• IB Notes by Ellie: This site offers useful notes for IB Business and Management along with other IB classes. Click through each unit to find information on the major course topics.

Bracken's IB Business : Here, you can get in-depth info on every IB Business Management unit (we included some of these web pages in our list above).

Power School Learning : Links to documents that cover each of the IB Business units and subunits.

• Quizlet : Use these free flashcards to study important IB Business and Management terms.

What's Next?

Want to learn more about IB Business and Management? Then check out our guide on where to find free and official IB Business and Management papers .

Learn more about the IB program with our comparison of IB vs AP , our guide to the IB Diploma curriculum , and our list of all the IB courses currently available . We've also got an extensive list of all IB Diploma Programme schools in the United States and information on which IB classes you can take online .

Thinking of taking other IB classes besides Business and Management? Look at our guides to see past papers for IB Biology , Economics , English , and Math .

Why not learn more about what return on assets (ROA) means ?

Thinking about applying to school as an HR major? Let us introduce you to the best schools for human resources degrees and teach you what you can do with them.

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Business management

The business management course is designed to develop students’ knowledge and understanding of business management theories, as well as their ability to apply a range of tools and techniques.

Students learn to analyse, discuss and evaluate business activities at local, national and international levels. The course covers a range of organizations from all sectors, as well as the socio-cultural and economic contexts in which those organizations operate.

The course covers the key characteristics of business organization and environment and the business functions of human resource management, finance and accounts, marketing and operations management. Links between the topics are central to the course. Through the exploration of six underpinning concepts (change, culture, ethics, globalization, innovation and strategy), the course allows students to develop a holistic understanding of today’s complex and dynamic business environment. The conceptual learning is firmly anchored in business management theories, tools and techniques and placed in the context of real world examples and case studies.

The course encourages the appreciation of ethical concerns at both a local and global level. It aims to develop relevant and transferable skills, including the ability to: think critically; make ethically sound and well-informed decisions; appreciate the pace, nature and significance of change; think strategically; and undertake long term planning, analysis and evaluation. The course also develops subject-specific skills, such as financial analysis.

The aims of the business management course at HL and SL are to:

• encourage a holistic view of the world of business
• empower students to think critically and strategically about individual and organizational behaviour
• promote the importance of exploring business issues from different cultural perspectives
• enable the student to appreciate the nature and significance of change in a local, regional and global context
• promote awareness of the importance of environmental, social and ethical factors in the actions of individuals and organizations
• develop an understanding of the importance of innovation in a business environment.

Syllabus outline

Key features of the assessment model.

External assessment for HL and SL students consists of two written examination papers. Paper one is based on a pre-seen case study issued in advance, and paper two consists of structured questions based on stimulus material and an extended response question that assesses students’ understanding of the key concepts of the course.

Internal assessment for HL students is a research project and for SL students a written commentary. In both tasks, students study real world business organizations. These are internally marked by subject teachers and then externally moderated by IB examiners.

Learn more about business management in a DP workshop for teachers . 

Business management subject brief

Subject briefs are short two-page documents providing an outline of the course. Read the standard level (SL) and/or higher level (HL) subject brief below. 

Latest curriculum updates

This subject is reviewed by the IB regularly to ensure the latest educational research is applied. Please keep up to date with the latest subject updates for Business management .

Overview: IB Business Management HL/SL (First Assessment 2024)

Note: The Business Management course changed recently. This article goes through the IB Business Management HL/SL course for the May 2024 cohort and beyond.

Do you want to investigate the relationship between people, businesses, and society while developing yourself as a creative, compassionate business leader or entrepreneur? Or are you interested in finding out how a variety of internal and external stakeholders are impacted by business decisions and how these choices are affected by internal and external factors? If you answered yes to any of those questions, then IB Business Management might be a subject for you!

IB Business Management courses focus on business operations, management procedures, and decision-making. It consists of 5 units:

• Introduction to Business Management
• Human Resource Management
• Finance and Accounts
• Operations Management

Most changes made to the IB Business Management curriculum are related to different subtopics. For example, subtopic 1.2 Types of Organization in the old syllabus has been renamed as 1.2 Types of Business Entities in the new syllabus. In other cases, subtopics have been moved to other units entirely. For instance, 3.2 Break Even Analysis has been moved to Unit 5.5. There are also some new additions to the syllabus. For example, topic 5.8 Management Information System to prepare students for the 21st century.

The IB also introduces the Business Management Toolkit in the syllabus, a collection of 15 tools, theories, and concepts that students can use to examine various multidisciplinary business contexts across the curriculum and in assessments (IAs and EE). You can find the official subject brief with the 2024 curriculum for SL here and HL here .

Key Concepts

Key concepts will help students to explore each unit from interdisciplinary and multiple perspectives. The new curriculum will start each unit with conceptual understanding statements that include the following four key concepts:

• Sustainability

Key concepts can be used to summarize significant concepts and fundamental methods that are at the center of the unit. For those who are studying the old syllabus (M16 – N23), you might notice only two in CUEGIS (Change, Culture, Ethics, Globalization, Innovation, and Strategy) remain – “ Change ” and “ Ethics ”. More importantly, students are required to use key concepts in their Internal Assessment when they need to solve real-world business problems. That is in addition to applying their business management tools and theories to solve the issues. More information about key concepts can be found here .

IB Business Management Assessment

Paper 1 (sl/hl).

Both SL and HL students now have approximately 1 hour and 30 minutes to complete Paper 1. While still based on an extended case study, it will now only be partly pre-released as a 200-word introduction and a list of topics providing the theme and context. These topics will require about five hours of research from the students. It evaluates students’ understanding of business topics that were not in the syllabus to  account for the dynamic nature of business. During the exam, students will receive a booklet with an unrevealed case study to use (800 – 1,000 words). Paper 1 could be on any of the five units, except for HL only topics. Paper 1 is out of 30 marks: 20 for section A and 10 for section B. This makes up 35% of your course grade for SL and 25% for HL.

Paper 2 (SL/HL)

In Paper 2, most of the questions are quantitative and demand in-depth analysis and evaluation utilizing business theories and techniques, but they will be similar to the old syllabus format. An examination booklet will be given to students, including stimulus material, as well as charts, tables, and infographics. 

All five units of the syllabus can be assessed. Due to additional material that covers HL-only topics, section A has one additional question for HL students. One of the section B stimulus options for SL students can be focused on social enterprise (non-profit or for-profit organizations). SL students will have 1 hour 30 minutes and HL students will have 1 hour 45 minutes to complete the paper. 

For section A, SL students must respond to both sets of structured questions based on the case study (total of 20 marks) and HL students will be required to respond to three sets of structured questions (total of 30 marks). Both SL and HL students must respond to 1 out of 2 questions in section B, along with an extended response question based on the stimulus material, for a total of 20 points. For SL and HL, Paper 2 accounts for 35% and 30% of students’ course grades, respectively.

Paper 3 (HL Only)

The new Paper 3 requires students to identify and describe a human need and any potential organizational obstacles that a social entrepreneur might encounter to address this need. The paper is intended to align with the CAS program’s goals, the IB mission statement, and the goals of the new course. Stimulus material will consist of a brief introduction, followed by excerpts from emails, Twitter feeds, and newspaper articles. Students must complete a single compulsory structure set of questions based on that stimulus material provided in 1 hour and 15 minutes . Students will then suggest a plan of action as a strategic move for the social enterprise. For HL, Paper 3 accounts for 25% of students’ course grades.

Internal Assessment

For the new syllabus, the Internal Assessment will be common for both SL and HL. For SL students, the IA is relatively more important because it makes up 30% of their course grade, compared to 20% for HL students. Utilizing one of the four key concepts, students are required to conduct research on a current or existing real business issue affecting a specific organization. Their research questions can be forward or backward-looking and are based on secondary research questions. The word count limit for the Business IA is 1800 words. More information about Internal Assessment can be found here .

IB Business Management is thought to be a relatively straightforward course. The exercise is straightforward if you are familiar with the material covered in the five parts of your syllabus, the case study you get before the exam, and maximizing your mark on your IA. This course will give you insight into all principles: marketing, business organization, human resource management, finance, operations, etc. I strongly recommend that you choose IB Business Management if you plan to study a business-related major at university.

You may also like…

• Joseph Quek’s How to prepare for the Business Management Case Study (from an SL student)
• Wangari Mbuthia’s Tips for Business Management SL IA
• Elena Alimin’s Overview: Business Management HL IA

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hii i just wanted to know does this mean that paper 2 will no longer have section c?

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• M24 Paper 1 Before One PLC (BON)

ATL Activities for the M24 pre-release statementBookmark this webpage for ease of access to the resources that will be added over the next couple of months for the Before One PLC (BON) pre-release statement. You can also activate Student Access from the homepage to enable your students to access these ATL Activities, lesson ideas, quizzes, top tips, and other resources that will be populated here for the May 2024 Paper...

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Case Study "Before One PLC" for IBDP Business May 2024 Exam

The much-awaited IBDP Business case study for the upcoming May 2024 Examination has now been unveiled. You can download the M24 Business Case Study here .

Are you ready to enjoy this “Musical Festival” with business management case study?

The IBDP Business Management Paper 1 exam is scheduled for Friday, 26 th April 2024. For detailed information on the examination schedule, click here .

What is the Paper 1 Assessment?

Paper 1 in IB Business Management  encourages a comprehensive approach to the subject. It evaluates all five units of the syllabus and includes an Extended Response Question (Essay) section for Higher Level (HL) students. This assessment task challenges students to enhance their analytical and critical thinking abilities.

What is this M24 Case Study all about?

The IB Organization has released a pre-released case study featuring "Before One PLC," a company that organizes music festivals since 200.

This case study is centered around the idea that global music festivals are on the rise, featuring diverse locations and genres, from commercial events on farmland to community-led gatherings in public parks. One PLC (BON), a European company organizing festivals since 2001, transitioned to a public limited company in 2016 for expansion.

With 60 permanent employees and reliance on temporary workers, BON hosts five festivals yearly, paying farmers an average of $100,000 per event. Cleanup costs average $250,000. The festival season runs from May to August, with each event spanning Friday to Sunday, requiring two weeks for setup and one for dismantling. BON faces challenges in environmental sustainability.

Overview of IBDP Business Paper 1 Assessment

IBDP Business Management  – SL 

IBDP Business Management – HL

How to Prepare to Ace Your Case Study Paper?

Blen will provide you with valuable tips on how to excel in your IBDP Business Paper 1 Case Study.

Grasp the Case Study : Invest time in carefully reading and analyzing the case study. Make notes, highlight key details, and create a concise summary.

Understand the paper's format : familiarize yourself with the paper's format, as questions typically revolve around all five topics within your ibdp business management syllabus. this will aid you in structuring your responses correctly and managing your time effectively., utilize suitable business terminology : incorporate appropriate business terminology to showcase your knowledge and comprehension of the subject matter..

Blen brings you the full analysis of IBDP Business M24 Case Study. Elevate your IBDP performance with Blen – because why waste time when you can learn from the best?

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Predictive Papers for IBDP M24 Exams are out

Ibdp may 2024 examination schedule revealed, three cheers to achievements of november 2023 ibdp cohort, let’s do some predictions for ibdp n23 exams, unlock new horizons with new ibdp science resources (fe2025), decoding " brondy’s plc " for ibdp business nov 2023 paper 1 examination, celebrating excellence: may 2023 ibdp results globally, a comprehensive guide to navigating your ib results.

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Paper 3 Case Study Pack

8 case studies designed for use for the Paper 3 exam in IB Business Management.  The first 5 case studies go unit by unit (1 for each), and the remaining 3 include material from across the 5 units.  Case studies are delivered as pdfs with exam style questions and suggested answers.

Case study: Paper 1 May 2024 - Before One PLC (BON)

Interactive e-course & resources.

• Presentations for teaching the case study with resources and activities
• Auto-marked revision quizzes from all topics and business tools applied to the case study
• Analysis of the case study organized according to the IB units
• Exam style questions with answers
• Mock exams per level (HL & SL) with the mark schemes!
• Class reports auto-generated to monitor your students' progress
• Teachers' versions of presentations and answers to the activities
• Interactive and easy to use
• EXTRA BONUS ! Revision auto-marked quizzes for the whole syllabus (Question bank of 1200 questions)!

Why to choose the ibGenius interactive e-course for Paper 1 preparation?

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