January 2023

Place: Introduction

By |2022-09-15T12:33:52+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Place

  • When used in the context of the marketing mix place refers to how and where the product is sold to the consumer
  • During the process of determining place the business has to decide:
    1. How the product reaches the consumer i.e. the channel of distribution
    2. The actual geographical location where the product […]
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Business Studies: The balance sheet

By |2022-09-15T12:33:45+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: The balance sheet

  • The entire financial accounting function rests on the premise that there are two aspects to every transaction
  • A debit and a credit
  • For every transaction a debit and credit is recorded
  • For example in a cash sale the asset of cash increases and is therefore credited […]
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Business Studies: Government and location of businesses

By |2022-09-15T12:33:40+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Aiding and influencing the business:Government and location of businesses

  • We have already looked at factors that affect where a business chooses to locate
  • One of the principal factors to consider is the government’s policies,laws and regulations
  • The government might pass laws prohibiting certain businesses from certain areas
  • For example heavy industries cannot […]
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Motivation and Motivational Theories

By |2022-09-15T12:37:40+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Construction workers. Image credit biznetafrica.com Construction workers. Image credit biznetafrica.com ZIMSEC O Level Business Studies Notes: Motivation and Motivational Theories

  • People work for any number of reasons
  • Most people work because they want to earn money and survive while others work voluntarily
  • Others work because they find meaning and fulfillment in […]
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Centralisation and decentralization

By |2022-09-15T12:37:31+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Decentralisation vs Centralisation Decentralisation vs Centralisation. Image pixabay.com

ZIMSEC O Level Business Studies Notes: Centralisation and decentralization

  • An organisation’s structure can be centralised or decentralised
  • Centralisation-is when power, authority and decision making are concentrated at the top of the organisation’s hierarchy
  • This means activities such as planning and decision making are […]
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Verbal Communication

By |2022-09-15T12:37:25+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Verbal Communication. Image credit infochristo.com

ZIMSEC O Level Business Studies Notes: Verbal Communication

  • Is the sharing of ideas, thoughts and feelings using speech and sounds
  • In verbal communication words are used to exchange information

Advantages

  • There is immediate feedback
  • There is direct impact
  • Allows for the use of plain and easily […]
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Ways to overcome barriers to the communication process

By |2022-09-15T12:34:10+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Managing Human Resources:Ways to overcome barriers to the communication process

  • As pointed out the communication process can encounter problems that will reduce its effectiveness
  • These problems are also known as communication barriers
  • To read notes on the communication process please click here
  • These communication barriers can be overcome in various ways […]
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Dismissal, retrenchment and redundancy of employees

By |2022-09-15T12:34:04+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Managing Human Resources: Human Resources Management:Dismissal, retrenchment and redundancy of employees

  • All employees eventually leave the employ of the organisation
  • This can be due to:
    1. Separation as a result of management action:
    2. Disciplinary action
    3. Dismissal due to dissatisfaction with performance
    4. Redundancy
  • It could also be due to other factors that are unavoidable such as:
      […]
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