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Subject and level
HL-only syllabus points are hidden at Standard Level.
Syllabus points
BM-U1 Business Organisation and Environment
BM-1.1 What is a business?Nature and purpose of business activity; factors of production.
BM-1.2 Types of business entitiesSole traders, partnerships, companies, cooperatives, NGOs, public sector.
BM-1.3 Business objectivesVision/mission, aims, SMART objectives, ethical and social objectives.
BM-1.4 StakeholdersInternal and external stakeholders and their often-conflicting interests.
BM-1.5 Growth and evolutionOrganic vs external growth, mergers, acquisitions, franchising, joint ventures.
BM-1.6 Multinational companies (MNCs)Drivers of globalisation; benefits and costs of MNC activity for host/home countries.
BM-U2 Human Resource Management
BM-2.1 Introduction to human resource managementWorkforce planning, recruitment and selection processes.
BM-2.2 Organizational structureHierarchy, span of control, chain of command, delayering, matrix structures.
BM-2.3 Leadership and managementLeadership styles and management approaches.
BM-2.4 Motivation and demotivationContent and process motivation theories and their business application.
BM-2.6 CommunicationFormal/informal channels and barriers to effective communication.
BM-U3 Finance and Accounts
BM-3.1 Introduction to financeCosts, revenue and profit basics; financial planning.
BM-3.2 Sources of financeInternal and external, short- and long-term sources of finance.
BM-3.3 Costs and revenuesFixed/variable costs, break-even concepts, revenue streams.
BM-3.4 Final accountsConstructing and interpreting the income statement and balance sheet.
BM-3.5 Profitability and liquidity ratio analysisKey profitability/liquidity ratios and their interpretation.
BM-3.7 Cash flowCash flow forecasting and management.
BM-3.8 Investment appraisalPayback period, average rate of return, net present value.
BM-U4 Marketing
BM-4.1 Introduction to marketingThe marketing concept, needs vs wants, market orientation.
BM-4.2 Marketing planningThe marketing planning process and setting marketing objectives.
BM-4.4 Market researchPrimary/secondary and qualitative/quantitative research methods.
BM-4.5 The seven Ps of the marketing mixProduct, price, promotion, place, people, process, physical evidence.
BM-U5 Operations Management
BM-5.1 Introduction to operations managementProduction objectives and the role of operations management.
BM-5.2 Operations methodsJob, batch, flow and mass customisation production.
BM-5.4 LocationFactors influencing production location decisions.
BM-5.5 Break-even analysisBreak-even charts, margin of safety and target profit output.
Difficulty and exam format
Formats follow the current IB subject guide for Business Management SL.
Duration and question count
Up to 20 questions for this format — pick an official IB paper format for longer papers.
Additional instructions
Timed exam mode
Sit the paper against a 90-minute countdown under exam conditions. You can change this when the paper opens.
Your blueprint
- Business Management · SL
- Paper 2 · Medium
- 90 minutes · 6 questions
- No syllabus points selected yet
Generated papers are labelled IBBase AI Generated. This is an AI-generated practice paper and is not an official IB examination paper.