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Business management · 2013 · Paper 2 · SL · Question paper

Business managementQuestion paper2013SL

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This question paper is listed under Business management in the 2013 examination archive. Its catalogue level is SL. The information below helps you identify the document before opening the complete PDF. Subject, year and session labels come from the archive catalogue; the original cover remains the reference if a label differs. A file is not automatically suitable for your current syllabus simply because its subject name matches.

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N13/3/BUSMT/SP2/ENG/TZ0/XX BUSINESS AND MANAGEMENT STANDARD LEVEL PAPER 2 Thursday 21 November 2013 (morning) INSTRUCTIONS TO CANDIDATES  Do not open this examination paper until instructed to do so.  Section A: answer one question.  Section B: answer two questions.  A calculator is required for this examination paper.  A clean copy of the Business and Management formulae sheet is required for this examination paper.  The maximum mark for this examination paper is [60 marks]. 1 hour 45 minutes 8813-5014 9 pages © International Baccalaureate Organization 2013 8813501 4 N13/3/BUSMT/SP2/ENG/TZ0/XX 8813-5014 – 2 – SECTION A Answer one question from this section. 1. Belluno Frames (BF) Belluno Frames (BF) manufactures high-quality frames for glasses (spectacles). Like many other firms in the private sector in northern Italy, the business is small, family-owned, and operates as a private limited company. Giovanni and Elda Rizzo own 100 % of the shares, which their son Antonio will inherit. Giovanni designs the frames. Antonio and two employees produce them. Elda is responsible for the administration. BF is located in a building that Giovanni and Elda own, near their house, 42 kilometres outside of Belluno. Antonio and the two employees live in the same village as BF. The road to Belluno is narrow, with traffic that moves very slowly because of farm vehicles. Antonio, who wants the business to grow, has asked his father to rent a building in the industrial park in Belluno with good road access. BF’ s new location would be closer to suppliers and customers. It would also improve BF’ s visibility. Currently, BF sells on average 1300 frames per month. Each frame is sold at an average price of €24. Below are the costs (all figures in €) for BF at its current location and if it moved to the industrial park in Belluno. Monthly fixed costs: Current location Industrial park (new location) Insurance 400 400 Rent 0 2200 Salaries (Giovanni and Elda) 3600 3800 Other employees’ salaries 3600 3900 Lease on equipment 1400 1400 Variable costs per frame: Current location Industrial park (new location) Material 14 13.5 Delivery costs 1 0.1 Antonio believes
File information
Subject
Business management
Document type
Question paper
Year
2013
Session
Not labelled in the archive
Level
SL
Paper
2
Examination zone
Not labelled in the archive
Language
Not labelled in the archive
File size
793 KB
Pages
9
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