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IB Business Management HL - Questionbank

1.1 - What is a Business?

The Nature of Business, Sectors of the Economy, Entrepreneurship, Challenges & Opportunities for Starting Up a Business

Question Type

Paper

Paper 1
Paper 3
Paper 2

Difficulty

Easy
Medium
Hard

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Question 1

no calculator

easy

Question 2

no calculator

easy

Question 3

no calculator

easy

Question 4

calculator

easy

Question 5

no calculator

easy

Question 6

calculator

medium

Question 7

calculator

medium

Question 8

no calculator

medium

Question 9

no calculator

medium

Question 10

no calculator

medium

Question 11

no calculator

medium

Question 12

no calculator

medium

Question 13

no calculator

hard

Question 14

calculator

hard

Question 15

no calculator

hard

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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.

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Case Studies

Real-world case studies for HL Business Management, crafted by IB experts, with questions, markschemes, and sample answers to master Papers 1, 2, and 3. Tailored for all skill levels to build confidence and achieve top marks.

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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.

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Past Papers

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