O Level Business Studies Notes Archives - Free ZIMSEC & Cambridge Revision Notes

Business Studies: Monetary and Fiscal Policies
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Business Studies: Monetary and Fiscal Policies

Notes, O Level Business Studies Notes, Ordinary Level Notes

Business Studies: Monetary and Fiscal Policies

By garikaib|2025-02-12T09:29:17+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Aiding and influencing the businesses: Monetary and Fiscal Policies

As has already been pointed out in another topic the government has several reasons to want to aid and influence the operations of businesses
There are a number of ways in which the local and national governments can do this
In this topic […]

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Objectives of the business

By garikaib|2025-02-12T09:14:45+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Businesses have objectives. Image credit essaywow.com ZIMSEC O Level Business Studies Notes: Objectives of the business

All businesses are formed to fulfill a particular main purpose and accomplish certain objectives.
Different businesses have different objectives.
Objectives are aims or targets to work towards.
While the importance and types […]

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Cooperatives

By garikaib|2025-02-12T09:08:43+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

A cooperative meeting in progress. Image credit newsday.co.zw ZIMSEC O Level Business Studies Notes: Features of Cooperatives

A cooperative is defined as an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly owned […]

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Uses of Herzberg’s Theory

By garikaib|2025-02-12T09:19:29+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Tobacco graders working in a group. Image credit flickr.com ZIMSEC O Level Business Studies Notes: Uses of Herzberg’s Theory

The theory led/has led to the standardisation of:
working conditions e.g working hours which have become more fixed
These working conditions have also […]

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Organisational Charts

By garikaib|2025-02-12T09:33:44+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

A simple organisational chart.

ZIMSEC O Level Business Studies Notes: Organisational Charts

It is a diagram that shows the organisation structure of a given organisation
It is also defined as a pictorial depiction of an organisation’s structure
An organisation’s structure is also known as it’s internal structure

[…]

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Democratic Leadership style

By garikaib|2025-02-12T09:12:55+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Democracy means rule by the people. Image credit kalamu.com

ZIMSEC O Level Business Studies Notes: Democratic Leadership style

Is also known as participative leadership
Under this style the members of the team contribute to the decision making process
The leader asks for contribution from team members during the process of […]

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Communication in Business: Teleconferencing/ Video Conferencing

By garikaib|2025-02-12T09:09:32+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Video conferencing. Image credit bluejeans.com

ZIMSEC O Level Business Studies Notes: Managing Human Resources: Communication in Business: Teleconferencing/ Video Conferencing

A conference is a meeting between two or more people with a shared business interest
A video conference is when such a meeting takes place with the aid of computers
Two […]

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Induction Training/Orientation
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Induction Training/Orientation

Notes, O Level Business Studies Notes, Ordinary Level Notes

Induction Training/Orientation

By garikaib|2025-02-12T09:24:13+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Managing Human Resources: Human Resources Management: Induction Training/Orientation

This is also known as induction training
It is a process of introducing a new employee to the organisation and
Introducing the organisation to the new employee
It is considered a form of training
Induction is important as it:
1. Ensures the employee is integrated as […]

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Product: Introduction
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Product: Introduction

Notes, O Level Business Studies Notes, Ordinary Level Notes

Product: Introduction

By garikaib|2025-02-12T08:57:07+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing:Product

A product is either a good or a service
They are the means by which businesses meet the needs and wants of the customers
Thus a product can be a good, idea, method, information, object or service created as a result of a process and serves a need or satisfies a want

[…]

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Competitor oriented pricing
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Competitor oriented pricing

Notes, O Level Business Studies Notes, Ordinary Level Notes

Competitor oriented pricing

By garikaib|2025-02-12T09:17:56+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing:Competitor oriented pricing

This is when a firm sets the prices of its products in relation to those of competitors
Instead of charging prices based on costs or customer perceptions prices are based on what the competitors are charging
This typically involves charging prices that are in line with those of competitors
The […]

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February 2025