Business Management Pre-released Statement: Myt PLC (Myt)

Instructions to Candidates

  • This pre-released statement is required for higher-level paper 1 and standard-level paper 1 business management examinations.
  • Published by the International Baccalaureate Organization for use in May 2025.

Overview

  • The statement is released three months before the examination.
  • It informs candidates about topics and terminology not in the Business Management guide but will be in the case study.
  • Candidates should spend a maximum of five hours researching these topics and learning the terminology.
  • The topics build upon the syllabus.
  • The primary goal is to assess knowledge of contemporary business topics that were not anticipated when the guide was written.

Case Study Focus

  • The case study will focus on a multinational non-alcoholic drinks manufacturer.
  • It will also consider the business operations of a multinational company.
  • Candidates are expected to have basic familiarity with these topics, rather than comprehensive expertise.

Terminology to Know

  • Avatar: A digital representation of a person.
  • Biodegradable: Capable of being decomposed by bacteria or other living organisms.
  • Chain (of a business): A network of linked businesses or outlets.
  • Pressure Group: An organized group that tries to influence public opinion or government policy.
  • Recycling: Converting waste into reusable material.
  • Social Media Influencer: Someone with a significant following on social media who can influence their audience.

Introduction to Myt PLC

  • Myt PLC (Myt) is a publicly held multinational company that manufactures non-alcoholic drinks.
  • The head office is located in the United States (USA).
  • Myt has manufacturing factories on six continents.
  • The company has grown through both internal and external growth strategies.
  • Initially, Myt manufactured only one drink: a non-alcoholic, sweet, and carbonated root beer.
  • By 2020, Myt had a portfolio of over 30 different drinks sold in bottles and cans.
  • Myt uses social media influencers as part of its promotional strategy.

Health Concerns

  • Obesity and diabetes are health issues linked to many drinks, including those manufactured by Myt.
  • Many drinks contain the entire recommended daily sugar intake for an adult in a single can.
  • Sugar substitutes used in diet drinks have also been linked to various health problems.
  • Many of Myt’s drinks are high in caffeine and sugar.

Diversification and Future Plans

  • In 2023, Myt’s board of directors began a process of diversification, taking over:
    • Lotssa Coffee (LC), a chain of coffee shops with over 4000 outlets across 35 countries.
    • Honest Water (HW), a manufacturer of bottled drinking water.
  • Myt announced plans to:
    • Modernize and make its factories green
    • Explore entering the healthy snacks market
    • Utilize computer-generated avatars when creating advertisements
    • Reduce caffeine and sugar levels in its products
    • Improve its corporate social responsibility (CSR).

Important Note

  • Companies, products, and individuals named in the case study are fictitious, and any similarities with actual entities are purely coincidental.