February 2025

Business Studies: The uses and limitations/weaknesses of break even analysis

By |2025-02-12T09:26:59+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Break even analysis: The uses and limitations/weaknesses of break even analysis

  • Break even analysis has it’s strengths and weaknesses

Advantages/Uses/Strengths of Break even analysis

  • Break even analysis is an important investment appraisal option as it allows management to quickly asses the viability of a proposition
  • Margin of safety calculations are […]
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Objectives of the business

By |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 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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Organisational Charts

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

A simple organisational chart. 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 |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 |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

By |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

By |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

By |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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