IB Business Management · Unit 6 of 6

Unit 6: Business Management Toolkit

Unit 6 of IB Business Management covers Business Management Toolkit. This unit contains 8 topics and 18 sub-topics. Below you'll find free study notes, flashcards, and exam preparation resources for every topic in this unit.

8 topics18 sub-topics

Exam technique guide

What Unit 6 covers

HL Unit 6 expands the strategic toolkit with deeper application of all analytical tools. HL students must demonstrate sophisticated evaluation using decision trees, statistical analysis, and the BCG matrix in extended-response questions, and understand circular business models in depth.

Topics in Unit 6

6.1

SWOT analysis

3 sub-topics

6.2

Ansoff matrix

2 sub-topics

6.3

STEEPLE analysis

2 sub-topics

6.4

Boston Consulting Group (BCG) matrix

2 sub-topics

6.5

Business plan

2 sub-topics

6.6

Decision trees

2 sub-topics

6.7

Descriptive statistics

3 sub-topics

6.8

Circular business models

2 sub-topics

Study tip: Work through the topics in order — each builds on concepts from the one before. Start with notes, then reinforce with flashcards and practice questions.

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