HL Business Management Unit 1 – IBDP1 – Group 2: Planning tools

1. Consider the following scenarios for the two projects, and then, draw a decision tree
diagram with these figures and the probable return of investment:
 Project Birmingham will cost 13.5 million €, has a 65% chance of success, which
would generate 20 million € in sales revenue but if this project fails, it will only
generate 11.5 million €.
 Project Luton will cost 10 million € and it has a 25% chance of failure which would
only generate 11 million € but if this project will success, it will only generate 16
million €.

After calculating the net value, discuss which of the projects would be the best option.

(4 marks)

2. Briefly explain the advantages and disadvantages of using expected value and decision trees
as decision planning tool.

(4 marks)
3.

(Total 10 marks)

4. Draw a fishbone diagram showing a low customer satisfaction for a restaurant.

(3 marks)

5. Represent in a Force Field Analysis if a Company should upgrade the factory with new
manufacturing equipment.
 (4 marks)
6. Summer trip.

Your best friend would like you to arrange the summer trip for 2023!

A) Jot down 15 tasks and activities to be planned.

B) In which order each task must take place?
C) Are there any tasks that could be done simultaneously?

Draw a Gantt Chart and table showing your 15 tasks, when they need to take place and how long
it will take.

TIP: Remember that needs to be in weeks.

(6 marks)

Total marks for this paper: 31