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The Business Management IA Structure (May

2024 Onward)

You're in the right place.

Most of the online resources with IB Business Management IA advice are not up to
date, but this one is. Here you will 몭nd all of the best tips for the Business IA, as well as
exactly how to structure your work. This page is up-to-date for students graduating
on May 2024 or later. We'll show you step-by-step, exactly what to do

First, we'll go through all of your initial decisions, so you'll have a good question and
resources. Then I'll go through the actual structure of your IA and show you what to
write in each section. You can always use the 'Jump to' links below to move to the part
you need.

Jump to: Overview, Question, Concept, Tools, Sources, Structure


The New Business IA

The word limit is 1800 words and it’s out of 25 marks. The Business Management IA
requirements (and the rubric) are now the same for SL and HL students. For SL
students, it’s worth 30% of your 몭nal grade, but it’s only worth 20% of the 몭nal grade
for HL students.

In this assignment you’ll mainly rely on just 3 to 5 supporting documents to


answer a question which is related to a real organization (i.e. a business or non-
pro몭t). That question also must relate to one of the course core concepts: change,
creativity, ethics or sustainability.

Decisions to make before you write

Jump to: Overview, Question, Concept, Tools, Sources, Structure

Choosing your organization and your issue or problem

You can choose any real organization to do your IA on. However, it shouldn't be the
same one you're using for your EE (if you're doing a Business Management EE). Given
all of this freedom, it can be hard to decide. I recommend choosing a company you're
very interested in and asking a question you're interested in. It can take some time to
몭gure that out, but it's very doable. Get some initial ideas down on paper and you'll
probably 몭nd some overlap between your issue-interests and your organization-
interests. For example, if you're interested in sustainable fashion, you can 몭nd a
speci몭c fashion company and a certain option for them, which could make their clothes
more environmentally friendly.

Your question can be forward looking (i.e. “Should company X change it’s
manufacturing to outsourcing”) in order to increase pro몭tability?”) or backward looking
(i.e. What was the e몭ect on sustainability of company A using approach B?)

Two 몭nal things to consider are whether your question is related to a key concept and
answerable using course tools. More on both of those below.

Jump to: Overview, Question, Concept, Tools, Sources, Structure

Choosing your Business IA Key Concept

The business research project must use only one of the four key concepts
(change, creativity, ethics or sustainability) as a lens through which to analyse the
IA.

One option is to include that key concept right in your question. For example, "Should
Honda invest $40 billion in Electric Vehicle research and development, to
increase it's sustainability?"

Be careful to not include a second concept or an additional concept (ie.


culture, globalisation or innovation). This would likely result in you getting
zero out of 5 for Criterion A. That's the part of the rubric where you score on
your insights into the key concept aspect.

As you write, you'll want to show a deep understanding of the key concept
you’ve chosen. This is more than just referring to the key concept.
Instead you'll want to use the key concept as a "conceptual lens" for your
analysis and again you'll want to make sure these links are clear and
developed. I can talk you through this or anything else you're struggling with
if you'd like to meet for a tutoring session.

Jump to: Overview, Question, Concept, Tools, Sources, Structure

Choosing your tools

The key is determining which of the tools and theories are going to help you answer
your question and then using those ones well -- to clearly relevance to the research
question. I've bolded all of those business management toolkit tools that are taught to
SL and HL students, but you should not feel limited by this list. The key again is
몭guring out which tools and theories are going to help you the most in answering your
question and using those.

SWOT analysis

Anso몭 matrix

STEEPLE analysis

Boston Consulting Group (BCG) matrix

Business plan

Decision trees

Descriptive statistics. These include: Mean, Mode, Median, Bar charts, Pie
charts, Infographics, Quartiles, and Standard deviation

Circular business models. These include: Circular supply models, Resource


recovery models, Product life extension models, Sharing models, and Product
service system models.

Force 몭eld analysis (HL only)

Gantt chart (HL only)

Hofstede’s cultural dimensions (HL only)

Porter's generic strategies (HL only)

Contribution (HL only) These include: Make or buy analysis, Contribution costing,
and Absorption costing

Critical path analysis (HL only) These include: Completion and analyses of a critical
path diagram (drawing of the diagram is not expected), Identi몭cation of the
critical path, Calculation of free and total 몭oat.

Simple linear regression (HL only). This includes: Scatter diagrams, Line of best 몭t
and Correlation/Extrapolation.
Jump to: Overview, Question, Concept, Tools, Sources, Structure

Choosing Your 3 to 5 Supporting Documents

These will be where the majority of your information comes from. You'll want to
choose sources which will allow you to complete 3 or 4 Business Tools, so keep that in
mind when you're considering which documents to choose. Your supporting
documents should also be:

Recent - They must have been published within a maximum of three years prior
to the submission of your research project to the IB. That means: If your 몭nal IB
exams are in May of 2024, your sources can’t be older than April 2021. If your
몭nal IB exams are in November 2024, your sources must be no older than
October 2021.

Diverse - Altogether your sources must cover a range of views and ideas. This
could mean di몭erent perspectives, opinions, or focusing on di몭erent types of
information.

Reliable - From a reliable source

Detailed - Be su몭ciently in depth that you can share and explore details. Ideally
the sources would do much more than include a mention of your key concept and
your organization. Instead they should include a variety of data you can link to
your key concept and use in 1 or 2 of your tools.

5 pages or shorter - Each source should be 몭ve normal A4 pages or less.


(Business Guide, P.55)

Highlighted - Highlight the aspects of each document that relate to your project.

Translated (if applicable) - If your document (i.e. article or video) is in a di몭erent


language, all of the highlighted aspects of the document (the points you relied on
for your project) need to be translated.

Possibly a Video or Audio 몭le - If you use a (reliable) video or audio 몭le, include a
transcript with the essential points of the video or audio 몭le that you refer to in
the project.
Traceable - You'll need to include the source details as a citation, so keep track of
where you got it from.

Not your textbook - None of your 3 to 5 main sources an be your textbook or


class notes.

Attached to the end of your document - You'll have to your 3-5 supporting
documents. You are able to use additional sources, such as your textbook or
similar sources for extra information, but your IA will rely on your 3-5 supporting
documents for the majority of the information.

Primary and/or secondary. They can all be primary sources (i.e. an interview, a
questionnaire), all be secondary sources (i.e. news articles, business accounts, or
company website pages) or some combination of both.

Examples of primary sources:

Surveys. If you use surveys or questionnaires (online or face-to-face),


include a blank copy of the questionnaire and a summary of the
responses as a supporting document.

Interviews. If you use an interview (online or face-to-face), include a


copy of the interview questions and a summary of the responses as a
supporting document.

Focus groups. If you use a focus group, include a copy of the focus
group questions and summary of the 몭ndings.

Examples of secondary sources:

Articles (i.e. local, national or international press), Business accounts


and 몭nancial reports. Business plans, Extracts from company websites,
Transcripts of a relevant audio-visual 몭le, Statistics (i.e. from the
government), Journal publications, Market research surveys, and
Mission statements.

Now I'll show you exactly how you can structure your IA and exactly what you should
include in each section.
Jump to: Overview, Question, Concept, Tools, Sources, Structure

The Business Management IA Structure


(for May 2024 Onward)

Title Page

Include:

Your Research Question

Your Key Concept (Change, Creativity, Ethics or Sustainability)

The IB Number (Something in the format "abc123" (i.e. fjk932)

Session (i.e. May 2024)

IA word count. (1800 words or fewer). (See the blue note at the bottom, for
clari몭cation on what words are included).

(Also, notice that the student’s name, school, candidate number and student
number should not be on the cover sheet anymore).

Table of Contents

Include:

Introduction

Analysis

Conclusion

Bibliography

Supporting Documents
Introduction - Around 200 words

In this section, include:

Clarify the context of your question.

Provide brief background information about the business organisation (i.e. their
name and what they do).

State the issue or problem under investigation and how it links to your chosen
key concept.

Explain the methodology used to investigate this issue or problem. Convince us


that you chose your sources thoughtfully and that they give a range of
viewpoints/perspectives, which will aid your analysis.

Use in-text citations as necessary here and in the Main Body and Conclusion
sections.

(No research proposal or executive summary are needed).

Analysis (The Main Body) - Approximately 1350 words

This is where you present your analysis (use business management tools and
theories) and link this to the key concept.

In this section, make sure to:

Present the 몭ndings and analysis from your supporting documents

Relevant business management tools and theories including integrating the key
concept. There is no set limit to the number of tools you can use for your IA.
However, using 4 is often appropriate. Be careful to select tools which are
de몭nitely relevant, which will de몭nitely help you address your research question.

Consider using the JAM (Justi몭cation, Analysis, Mini-Conclusion) approach for your
Business Management Analysis. If you do, then try to include at least one link to
the key concept in each of your “Justi몭cation” and “Mini-conclusion” sections.

As you write, comment on the reliability of your sources. Remember that we want
to be convinced that you have chosen generally reliable sources. However, it can
be useful to comment on the limitations of each.

In each mini-conclusion:

How your insights (from course tools and theories) relate to the key concept

Explore what insights and themes emerge from your analysis of that
tool and why and how are they helpful (or not) in answering the research
question.

Evaluate your 몭ndings. For example, state any relevant assumptions or


implications involved in your analysis

Synthesize your insights, from the tools and theories you've used in that
section and to the insights from previous tools, if appropriate.

Make it really clear how the insights of your tool have been helpful (or not)
in answering your research question.

Conclusion (Around 250 words)

In this section, make sure to:

Answer your research question explicitly

Refer to your key concept several times, showing how your insights (from course
tools and theories) relate to the key concept

Share your insights into what main themes emerge from your analysis and how
these relate to your question.

Clearly refer back to the insights from each tool and theory you have used (i.e.
mention the key insights from each of your mini-conclusions) and show how
these insights support your conclusion.

Don’t introduce facts or arguments that have not been discussed in previous
sections of the project.

Share some implications of your insights

Share which aspects of the research question have not been fully answered in the
Share which aspects of the research question have not been fully answered in the
project or that might need further investigation in order to be judged more
e몭ectively.

No recommendations for the organizations are needed.

Bibliography

In this section, include:

Include details of your 3-5 main sources and any other sources you used as well
(if any).

Ensure the reader can clearly see which reference in your bibliography refers to
which supporting document. For example, “Supporting Document 1: Bezos, Je몭.
Interview. Conducted by T. Woods.”

Remember to include full referencing for the video or audio 몭le (if you used one),
so that the original source is clear.

Sources such as textbooks and class notes should also be referenced, if they are
used.

Use a standard referencing system, such as MLA.

Supporting Documents

In this section, make sure to:

Include your sources (i.e. articles, transcripts) after your bibliography. This can be
done using embedded pictures of each page. However do ensure that all words
are all clearly readable and that the highlighting can also be seen.

Label each supporting document clearly, such as “Supporting document 1”,


“Supporting document 2”, and so on.
Final things to check, before you hand in your work:

To help with the two "Criterion G: Presentation" marks, make sure you have:

Included clear subheadings and page numbers, and

Make sure your document is easy to read (i.e. the numbers on diagrams are
easy to read) and it looks professional.

Make sure you haven't gone over the 1800 word limit. Only the 몭rst 1800 words
can be marked. However, the following are not included in this word count:
Acknowledgments, Contents page, Tables of statistical data, Diagrams or 몭gures,
Equations, formulae and calculations, Supporting documents, Citations (which, if
used, must be in the body of the project), References (which, if used, must be in
the footnotes/endnotes), and your Bibliography.

Tim is available for private tutoring, almost every day, to support


you in writing your best essays. He's an expert Business
Management teacher (a fully IB-trained teacher and marker)
with over 20 years of teaching experience. Ὠ Click here to meet
with Tim on Zoom and talk through your work. Ὠ

Tim helps students with IB Business Management, Theory of Knowledge, IB Global


Politics, IB Economics, IB History, IB English IOs, IB Biology IAs and College Admissions
essays.

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