Paper 3 (DP IB Business Management): Revision Note

Lisa Eades

Written by: Lisa Eades

Reviewed by: Steve Vorster

Updated on

What is the structure of Paper 3?

Overview

  • Paper 3 consists of one section with questions that may relate to any part of the higher level syllabus

  • Questions are based on a series of resources about a social enterprise

    • Resources typically include:

      • An overview of the social enterprise

      • Financial information

      • Industry information

      • Relevant research

      • Internal communications

Example of resources in Paper 3 HL 2024: Email and report excerpts discussing affordable housing
An example of resources included in the 2024 HL Paper 3

Questions

  • You must complete three questions that follow a standard pattern

    • Question 1

      • This question is worth 2 marks

      • It requires you to use theory to describe a need that the social enterprise fulfils for a specific stakeholder

    • Question 2

      • This question is worth 6 marks

      • It requires you to give an explanation of specific challenges the social enterprise faces

    • Question 3

      • This question is worth 17 marks

      • It requires you to recommend a possible plan of action for the social enterprise, typically over the next five years

Exam information

  • The exam duration is 1 hour 15 minutes

  • The total number of marks available is 25

  • This paper accounts for 25% of the final grade

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Lisa Eades

Author: Lisa Eades

Expertise: Business Content Creator

Lisa has taught A Level, GCSE, BTEC and IBDP Business for over 20 years and is a senior Examiner for Edexcel. Lisa has been a successful Head of Department in Kent and has offered private Business tuition to students across the UK. Lisa loves to create imaginative and accessible resources which engage learners and build their passion for the subject.

Steve Vorster

Author: Steve Vorster

Expertise: Economics & Business Subject Lead

Steve has taught A Level, GCSE, IGCSE Business and Economics - as well as IBDP Economics and Business Management. He is an IBDP Examiner and IGCSE textbook author. His students regularly achieve 90-100% in their final exams. Steve has been the Assistant Head of Sixth Form for a school in Devon, and Head of Economics at the world's largest International school in Singapore. He loves to create resources which speed up student learning and are easily accessible by all.