March 2023

A Level Business Studies: Benefits and Drawbacks of Objectives

By |2023-03-08T20:04:02+02:00March 8th, 2023|

  • However, for small businesses such as sole traders, this may not be possible but even in such cases the owners and managers […]
    • We have already established that all businesses have aims and objectives.
    • Sometimes these objectives are deliberately arrived at and carefully enumerated and disseminated to all members of staff
    • However, for small businesses such as sole traders, this may not be possible but even in such cases the owners and managers […]
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    A Level Business Studies: Business Objectives and why they are important

    By |2023-03-08T19:37:30+02:00March 8th, 2023|

    Aims are the long-term goals of a business, while objectives are specific and measurable targets that must be achieved to attain the aim. Objectives act as a framework for a business to create further objectives and set a purpose for the business.

    Importance of Business Objectives

    • Business objectives […]
      • Business objectives […]
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    A Level Business Studies: Growth of a business, introduction

    By |2023-03-08T19:21:18+02:00March 8th, 2023|

  • For Advanced Level Business studies you are supposed to know about six […]
    • Business growth is important for any company looking to expand its operations, increase its market share, and improve profitability.
    • In Zimbabwe, there are several methods of business growth that companies can utilize to achieve these goals.
    • For Advanced Level Business studies you are supposed to know about six […]
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    February 2023

    A Level Business Studies: Franchising as a growth strategy

    By |2023-02-22T04:44:08+02:00February 22nd, 2023|

  • The franchisee then operates a business using the franchisor’s brand name, products, and services, while also adhering to […]
    • Franchising is a type of business model where a company (the franchisor) grants the right to use its brand name, products, and services to another company or individual (the franchisee) in exchange for a fee.
    • The franchisee then operates a business using the franchisor’s brand name, products, and services, while also adhering to […]
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    A Level Business Studies: Diversification as a growth strategy

    By |2023-02-22T04:32:03+02:00February 22nd, 2023|

    • Diversification means expanding a business into different products or services, or even into different industries altogether. (see Ansoff Matrix)
    • This is done in order to spread out risk and reduce reliance on a single product or market.
    • There are two main types of diversification: related and unrelated.
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    A Level Business Studies: Mergers and Takeovers

    By |2023-02-22T04:12:09+02:00February 22nd, 2023|

  • Two popular […]
    • Most businesses have growth as one of their main objectives
    • Growth allows businesses to be more profitable, and influential, have a larger market share and be better able to survive and fend off their competitors
    • There are several ways in which a business can grow.
    • Two popular […]
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    A Level Business Studies: Advantages and Disadvantages of Mergers and Takeovers

    By |2023-02-22T04:12:27+02:00February 22nd, 2023|

  • It was also […]
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    A Level Business Studies: Advantages of running a small business in Zimbabwe

    By |2023-02-20T09:38:59+02:00February 20th, 2023|

  • Despite the potential for growth […]
    • Running a small business can be a challenging but rewarding experience in any country, but there are unique factors to consider when doing so in Zimbabwe.
    • Zimbabwe is a country in Southern Africa with a population of over 14 million people and a growing economy.
    • Despite the potential for growth […]
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    A Level Business Studies: Advantages and Disadvantages of being a large business in Zimbabwe

    By |2023-02-06T15:50:24+02:00February 6th, 2023|

  • These methods include: looking at the number of employees, turnover, and […]
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    A Level Business Studies: State Intervention in Zimbabwean Businesses: Assistance and Constraints

    By |2023-02-05T15:10:08+02:00February 5th, 2023|

  • The way the state intervenes can be […]
    • In another post we mentioned the fact that the government of Zimbabwe is considered to be a stakeholder by all businesses that operate in Zimbabwe
    • This is because the government of Zimbabwe often intervenes and interferes with the way businesses operate in Zimbabwe
    • The way the state intervenes can be […]
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