Wiki Page, IB BUSINESS & MGMT HL A 2024: Study Guide - Units 1.3, 1.4 and Steeple Analysis

Wiki Page
2024-08-16T11:50:59-07:00

Students,

Below are some suggestions on how to study for the Unit 1.3, 1.4 and Steeple analysis test. I hope this is helpful! You will have a study day in class before the exam to go through this, though I'm posting it early in case you want to start looking at it.

1. Review the Key Terminology on In Thinking for each unit and make sure you know the definitions for each key term. You don’t need to memorize exact wording, but you should be able to give a working definition AND provide an example.

1.3 Key terms

1.4 Key terms

Steeple Analysis Key Terms (at the very bottom of the page)

Unit 1.3 & 1.4 both have flashcards in InThinking that can help you with this.

2. Once you understand the key terminology, try to identify how the key terms apply to the provided case study that will be used for the test. It would be a great idea to do this with your table group during study time! Not ALL terms will be present in the case study. The test questions will be about the case study, so be on the lookout for examples of the key terms in the case study. Questions could also be about applying key terms to the case study. For example, Unit 1.3 is about objectives. Does the case study state the company’s objectives? Or can you discern their objectives based on what is in the case study? What do you think they are?

3. Make sure you know all 7 components of the STEEPLE Analysis and can provide examples of opportunities and threats for each one. You WILL NOT be asked to prepare a full steeple analysis on an exam for me or on the IB exam, however it is a very common IB question to prepare a partial analysis for 2 or 3 of the STEEPLE factors and you will always need to provide at least one opportunity and threat (maybe more).

4. Review the assignments you’ve been given for these units. How could each assignment apply to the case study?

Ms. B