O Level Business Studies Notes Archives - Page 3 of 18 - Free ZIMSEC & Cambridge Revision Notes

Uses, advantages and disadvantages of budgets
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Uses, advantages and disadvantages of budgets

Notes, O Level Business Studies Notes, Ordinary Level Notes

Uses, advantages and disadvantages of budgets

By garikaib|2025-02-12T09:13:33+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Ratio Analysis: Budgets: Uses, advantages and disadvantages of budgets

Facilitate coordination between departments within the organisation
Helps to assign and clarify responsibilities e.g. the production department must produce and the marketing department sell produced units
Help to translate strategic plans into actionable departmental goals
Improves communication
Help to control […]

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Specialisation,Division of Labour and Trade

By garikaib|2025-02-12T09:10:43+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Assembly line production is an example of specialisation. Image credit Youtube.com ZIMSEC O Level Business Studies: Specialization and division of labor.

Specialization

A situation where, by agreement, people who are more suited to perform a task as a result of technical […]

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Private Limited Company

By garikaib|2025-02-12T09:03:56+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Lamasat is an example of a Private Limited Company. ZIMSEC O Level Business Studies Notes: The Features of a Private Limited Company

These are closely held limited liability companies usually owned by friends and family.
A private limited liability […]

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Factors to consider when choosing a source of finance

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

There are a lot factors to consider when choosing a source of finance. Image credit quicken.com ZIMSEC O Level Business Studies Notes: Factors to consider when choosing a source of capital

There are a lot […]

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Non Financial Motivation: Job Rotation

By garikaib|2025-02-12T09:33:56+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Job rotation can motivate workers among other things. Image credit marketwatch.com ZIMSEC O Level Business Studies Notes: Non Financial Motivation: Job Rotation

Is when workers are moved from job to job or station to station
Job rotation- can be defined as […]

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Matrix organisation structure

By garikaib|2025-02-12T09:08:33+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

An example of a matrix based organisational structure

ZIMSEC O Level Business Studies Notes: Matrix organisational structure

Is an organisational structure where subordinates have more than one reporting line i.e. some individuals report to more than one superior.
It is also known as the hybrid organisational structure as it incorporates […]

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Communication in Business: Emails

By garikaib|2025-02-12T09:39:04+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Gmail Email. Image credit play.google.com

ZIMSEC O Level Business Studies Notes: Leadership:Communication in Business: Emails

Refers to electronic messages send from one computer/smart device to another
It takes place on the internet
Both the user and the sender have an address in the form of user@example.com
The sender can send messages to […]

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Human Resources Management: Introduction
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Human Resources Management: Introduction

Notes, O Level Business Studies Notes, Ordinary Level Notes

Human Resources Management: Introduction

By garikaib|2025-02-12T09:16:42+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: Introduction

The process of hiring and developing employees so that they become more valuable to the organization
It involves the following activities:
1. Job Analysis
2. Anticipating and planning the organisation’s personnel needs
3. Job Advertising
4. Recruiting the right people to do the job
5. Selecting the appropriate candidates from the […]

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Secondary and Primary Research
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Secondary and Primary Research

Notes, O Level Business Studies Notes, Ordinary Level Notes

Secondary and Primary Research

By garikaib|2025-02-12T09:38:00+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Secondary and Primary Research

Market research can be grouped into two:
Primary and
Secondary Research

Secondary Research

It involves the further investigation and analysis of data collected for another purpose or/and collected by someone else
It is also known as desk research
The data already exists at the time the research is conducted

[…]

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Pricing: Introduction
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Pricing: Introduction

Notes, O Level Business Studies Notes, Ordinary Level Notes

Pricing: Introduction

By garikaib|2025-02-12T09:13:11+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Pricing

Price is a given value that will purchase a finite amount of a product or right to use that product
It is usually the amount of money expected, required, or given in payment for something although it can be in another form other than money
The price of a product is usually […]

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February 2025

Secondary Research