BUSINESS MANAGEMENT

MOCK 2 EXAM PLAN

HIGHER LEVEL
GRADE 12

Paper 1 Topics

 Circular business model

 Privately held company and publicly held company
 Nonprofit organization
 Partnership
 Sources of finance
 Corporate social responsibility

PAPER 1 STRUCTURE

SECTION ANSWER MARKS AVAILABLE

A All 20

B 1 10

TOTAL MARKS 30

DURATION OF PAPER:

Paper 1: 1 Hour 30 minutes

Turn over

BM Exam plan AY 2023-2024 Grade 12 HL

Paper 2 topics
Section A
 Break even analysis
 Descriptive statistics
 Cost to make or cost to buy

Section B

 Supply chain
 Pricing methods
 Ethical objectives
 Production Methods
 Sampling methods
 Aspects of branding
 Market research
 Decision tree
 Mass and niche market.
 Economies and diseconomies of scale
 Gross profit margin and profit margin
 National & international quality standards

PAPER 2 STRUCTURE

SECTION ANSWER MARKS AVAILABLE

A 3 30

B 1 20

TOTAL MARKS 50

DURATION OF PAPER:

Paper 2: 1 Hour 45 minutes

Turn over

BM Exam plan AY 2023-2024 Grade 12 HL

PAPER 3 STRUCTURE: ANSWER ALL QUESTIONS (MARKS AVAILABLE 25)

The Paper 3 examination requires students to do three main things:

1. Identify and describe a human need (worth 2 marks)

2. Explain the potential organizational challenges facing the social entrepreneur wanting to
meet this need (worth 6 marks), and
3. Write a decision-making document that includes a business recommendation or plan of
action (worth 17 marks).

Note: Check Google classroom for details about paper 3

DURATION OF PAPER:

Paper 3: 1 hour and 15 minutes

Assessment objectives

For this examination, you are expected to;

 AO1: Demonstrate knowledge and understanding of business management tools and theories,
course topics and concepts and business problems, issues and decisions

 AO2: Application and analysis of business decisions and issues through the selection and use
of appropriate data.

 AO3: Synthesis and evaluation of business management tools and theories, recommendations
for competing future strategic options (HL only)

 AO4: Use and application of appropriate skills: Select and apply relevant business
management tools, theories and concepts to support research into a business issue or
problem

Required materials

 Pens and pencils.

 A ruler/scale.
 Calculator for paper 2 only.
 Formula sheet-will be provided for paper 2 only.
 A clean copy of the business management pre-released statement will be provided for paper 1
only
 Answer sheets will be provided for paper 1& 3 only.

BM Exam plan AY 2023-2024 Grade 12 HL