Businesses usually need to know the minimum number of products or services they need to sell in order to earn a profit. A break-even analysis does this and more.

Course curriculum

  • 1

    Course Information & Support

    • Please Check Now That Your Phone Is In Your Bag. Please Stay For 40 Minutes Of Learning & Sign Out For The Bathrrom During The Last 5 Minutes of Class.

    • Only Use The Laptop Assigned To You

    • Please Don't Disrupt Our 40 Minute Work Cycle. Leave For The Bathroom During The LAST 5 MINUTES Of Class.

    • Supply Check Is On The First Resource Bank Day Of Each Quarter

    • How Well Are You Demonstrating The IB Learner Characteristics? Which Is Your Super Power & Which Presents The Greatest Challenge?

    • Do You Skip Class?

    • Fact Sheet Packet Of Class Policies- Please Scroll Through And Review Again

    • Meet Your Teacher: Dr. Eva Bogard

    • You Should Do An Internship Every Year Until You Graduate From College

    • Welcome IB Business Management Student

    • Here Is The Master Plan...

    • The IB BM Syllabus Consists Of 5 Units With A Total Of 40 Total Chapters ("Courses") That You Are Responsible For Learning

    • The Official IB Business Management Guide & Syllabus

    • The Full IB BM Textbook Is In TEAMS

    • Chapter Work Cycle = This Is What We Are Doing In Class & For Homework Every Day

    • DUE DATES & DEADLINES

    • Late With A Good Reason Is Still Late (Missing Work Submitted After 5 Calendar Days = 0%).

    • Your Makeup Day From An Absence Is The Following Class Day. Read Instructions Carefully & Review Policies When Absent.

    • Finished Early? Don't Pack Up! Do This ...

    • Finished Early? Keep Track Of Current Events In The Business World

    • Business Careers. Which Might Be A Good Fit For You?

  • 2

    The Notebook Project - A Daily Learning & Study Tool

    • Read The Rules For Your Notebook Project Before Every Grading Day. This Paper Must Be Stapled Onto The Inside Cover Of Each Composition Notebook

    • Your Notebook Project Helps You Build Strong Attention To Detail. This Is A Valuable Life Skill.

    • LOOK: Page-By-Page Visual Instructions To Help You Earn a 100% On Every Notebook Project.

    • A 100% Notebook Project Sample - Make Yours Just As Nice.

    • A 100% Notebook Project Sample - Compare Yours.

    • Notebook Checklist & Reflection Sheet (The Blue Sheet). Complete & Staple Onto The Last Page Of Your Chapter Notes BEFORE Scoring Day. This Blue Color Checklist Is Available In Class Or You Can Print It Yourself.

  • 3

    Start Your Notebook Project By Outlining This Chapter. Then Outline A Long IB Exam Answer Using A Spider Map.

    • New Textbook 5.5 Chapter = 5 Headings

    • Can You Listen To Music? Yes, But Only If You Follow All The Rules.

    • Review The Instructions For These Two Assignments.

    • LOOK: A Visual Guide For How To Create Your Outline. There Are Also Samples Posted In The Notebook Section Above. Great Attention To Detail = 100%

    • How To Draw A Spider Map

    • Video: Watch A Spider Map Being Created (Best Study Tool)

    • LOOK: This Is What A Great Spider Map Looks Like. Use This Sample As Your Model.

  • 4

    "RESOURCE BANK" = Topic Lessons (46) Begin Below This Point:

    • No Music On RB Days. Plug In Your Ear Buds. Place Them In Your Ears & Use Them To Listen & Learn From The Video Lessons.

    • What is the Resource Bank?

    • Review The Instructions For This RB Assignment.

    • Take Good Notes - These Posts Contain The Content You Want To Write On The IB Exams

    • LOOK: This Is What A Great RB Page Looks Like. Use This Sample As Your Model.

    • Important Detail: Remember To Highlight The RB Section Titles & Number All Posts Consecutively

    • RB = 10 Sections & 46 Posts (= 3 RB Days + HW)

    • Break-Even Is Easy, Makes Sense & Is Useful

    • What You Should be Able to Do By the End of this Chapter

  • 5

    Contribution Per Unit & Total Contribution

    • Remember: No Music On Resource Bank Days- Plug In Your Earbuds All Period & Listen Carefully To Each Video Lesson

    • Video: Quick Overview Of How A Break-even Analysis Works (Notice The Required Data)

    • Key Terms: Unit Contribution vs. Total Contribution

    • Video: Key Term "Margin Contribution" = Unit Contribution

    • Video: Contribution Margins (i.e. Unit Contribution) Expressed As Percentages

    • Video: Planet Pizza Example Using Contribution Margin/Unit Contribution

    • Video: What Does Contribution Mean In A Break-even Analysis?

    • Video: How Are Both Types Of Contribution Calculated?

    • Video: How To Calculate Total Contribution (Quicker Than Unit Contribution In Determining Profit)

    • Video: Mr. B's Review of Contribution (start watching at 3:16)

  • 6

    What Is A Break-even Analysis?

    • Video: Introduction To The Purpose and Components Of a Break-even Analysis

    • What Is The Purpose Of A Break-Even Analysis?

    • Clarification: Contribution vs. Break-even

    • Key Terms

    • Handout: How To Start A Break Even Analysis

    • Advantages and Disadvantages Of A Break-even Analysis (You Must Say All Of This On Your IB May Exams)

    • Do You Know What "Liquidity" Means?

  • 7

    Method #1: How To Do A Break-even Analysis By Calculating Unit Contribution

    • Here Is The Unit Contribution Formula

    • Video: Farmer Joe Wants To Know How Many Apples He Needs To Sell

    • Video: How To Find The Break-even Point In Sales & Units

    • Break-even In A Restaurant

    • Visual: Break-even Formula

  • 8

    Method #2 : How To Do A Break-even Analysis By Calculating Total Revenue

    • Here Is The Total Revenue Formula

    • Video: Watch How A Break-even Analysis Is Done On a Chart Using Total Revenue and Total Costs (Q= quantity of units/products)

  • 9

    How To Show A Break-even Analysis With A Graph (Used In IA & May Exams)

    • Video: IB BM Key Term "Simple Linear Regression" = Refers To The Type Of Graph You Use In A Break-Even Chart

    • Video: How To Diagram A Break-even Chart

    • Video: How To Create A Break-even Chart

    • How To Explain Your Break-even Chart

    • Video: How To Change The Numbers in A Break-even Chart

  • 10

    Margin Of Safety

    • Video: Break-even & Margin of Safety

    • Video: The Margin of Safety

    • Video: How To Show The Margin Of Safety On A Break-even Chart

  • 11

    Target Profit, Target Price, Target Units Sold

    • Here Is The Formula To Determine How Many Products Must Be Sold To Reach a Desired Profit Amount

    • Target Profit: A Worked Out Example

    • Video: Simple Worked Example of Target Profit For A Sub Shop

    • Video: Watch This Man Figure Out How To Do A Target Profit Calculation

    • Video: A Worked Out Example Of How To Use A Target Profit To Determine Quantity Of Units That Must Be Sold To Earn That Desired Profit (Starts at 18:50)

    • Target Price Calculation

  • 12

    Key Term: Absorption Costing (Advanced HL Topic)

    • Key Term: Absorption Costing

    • How Does Absorption Costing Relate To A Break-even Analysis?

  • 13

    Benefits & Limitations Of A Break-even Analysis (You Must Say This In Your IA, EE & On The IB Exam)

    • Video: Benefits & Limitations of a Break-even Analysis

    • Handout: What Are The Strengths and Limitations of a Break-even Analysis?

    • Image: Disadvantages & Advantages of the Break-even Analysis

    • Image: Advantages, Disadvantages & Evaluation of Break-even Analysis

  • 14

    Break-even Analysis & The CCES Concepts (Creativity-Change-Ethics-Sustainability)

    • Keep Your Earbuds Plugged In All Period & Listen Carefully To The Video Lesson. No Music- It's Still An RB Day.

    • Video: Special Order Decision Making

    • Try An Activity With A Break-Even Calculator

    • Review The Instructions For The CCES Assignment.

    • Read These CCES Definitions. If You Write Them On Your May Exams You Get Credit For Clear Evidence of "Synthesis & Evaluation"

    • Your CCES Assignment Begins At The Top Of A New NB Page: Title= CCES, Then Write 4 CCES Impact Statements For This Chapter Following The Model.

    • LOOK: This Is What A Great CCES Page Looks Like

  • 15

    Case Studies Assignment: This Is Your Practice For The Senior May IB Exams.

    • This Was The Real May 2024 IB BM Standard Level (SL) Paper 2 Exam. Get A Feel For It Now. Know That We Are Preparing For It Every Day In Class & For Homework So You Will Have The Best Chance Of Earning Your Best Score.

    • This Was The Real May 2024 IB BM Higher Level (HL) Paper 2 Exam. Get A Feel For It Now. Know That We Are Preparing For It Every Day In Class & For Homework So You Will Have The Best Chance Of Earning Your Best Score.

    • Exam Tip: Paper 2 Section B (2024-2028)

    • Step-By-Step Instructions For Doing Your Case Studies As Practice For Your Senior May Exams

    • LOOK: This Is What A Completed & Corrected Case Study Analysis Looks Like. Use This Sample As Your Model.

    • See How The IB BM Command Terms Are Organized

    • What Are Command Terms & Why Are They Important?

    • Old Command Terms List = Rules for Answering Test Questions

    • New Command Terms Definitions List (2024+) = Directions for Answering Test Questions

    • Chapter 5.5 Has 9 Case Studies. Choose & Complete At Least 3

    • Finished All Cases? Still Have Time Left In Class?

  • 16

    Review Day Activities + Presentation Day

    • Read & Follow These Review Day Instructions

    • EXAM TIP!

    • Watch: 5.5 Chapter Review With Mr. L

    • Watch: Summary of Break-even Analysis & The Key Terms

    • Watch: Mr. B's Break-Even Review

    • Watch: Mr. B's Shows How To Do A Break-even Analysis Exam Question

    • What Should You Do If You Get Stuck On A Question? Don't Skip It! Do This...

    • LOOK: This Is What A Great Chapter Review Page Looks. Use This As Your Model.

    • HEY! Confused About Question #9? Look At This...

    • Here Are The 5.5 Review Worksheets With 4 Tasks & 25 M/C (Title The Top Of A New Page. Then Label The Tasks And Write The Answers In Your Composition Notebook)

    • Looking For The Correct Page Number For The Answer To Question #1? (Read Page 239 Here)

    • Interested In A Closer Look At The Strength Of The Break-even Analysis?

    • Presentation Day Instructions

    • Test Yourself With An IB Exam-Style Question (exam questions in BM are always multi-step, multi-answer exercises)

    • Key for the IB-Exam-Style Question (do not open until all your calculations in the table are completed)

    • 5.5 Quizlet

    • Have You Achieved the Key Learning Outcomes?

    • You Are Almost Finished!

    • Don't Forget The Last Piece!

    • Memorize & Review The 5.5 Break-even Formulas For The IB Exams

    • Study The May IB BM Exam KEY TERMS

  • 17

    5.5 Quiz Day: Write Your Score In Your Notebook At The Top Of The Shark Tank Page In Red Ink.

    • Quiz Day Schedule Of Activities

    • Come Here On Quiz Day If You Are In The Classroom - Makeups Are On The Day You Return

    • You Must First Enroll In The Shark Tank Course

    • After The Quiz, Do The Assigned "Beyond The Tank" Work. If You Have An Excused Absence For Today, You Are Also Excused From This Assignment (Write "ABSENT" With The Date On The Notebook Page)

    • Blue Sheet Instructions. Pick Up A Blue Checklist & Reflection Handout To Complete & Staple Into Your Notebook

    • Due Today On Quiz Day (Before Midnight) Is Your Completed Chapter Notebook Project

  • 18

    Tech Support & How To Scan And Post An Excellent Chapter Project.

    • Don't Forget To Complete & Staple The Blue Reflection Checklist To The Last Page Of Your Chapter

    • Please Review The Quality Requirements For Your Scanned Project

    • Intro Guide For Posting Assignments On Teams

    • Step-By-Step Video Tutorial For How To Upload An Assignment In Teams

    • 8 Steps For Using The TEAMS App On Your Phone To Upload

    • Use The "PDFgear Scan" App!

    • How To Use OneDrive To Scan Your Notebook Project

    • How To Use Your iPhone To Scan Your Notebook Pages Into A Single PDF File

    • How To Use Your Android Phone To Scan Your Written Work Into A PDF File

    • If You Must- You Can Scan Two Notebook Pages At One Time

    • If You Can Only Scan One Page At A Time, Here's How To Merge Multiple PDF Files Into One Single File For TEAMS

  • 19

    IB DP BM May Exam Prep (Wait Until April To Do This Work)

    • Exam Practice: Break-Even

    • Exam Practice: Total Contribution & Break-Even

    • Exam Practice: Margin Of Safety & Contribution Per Unit & Break-Even