February 2025

Human Resources Planning

By |2025-02-12T09:16:48+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: Human Resources Planning

  • Human resources planning-involves strategies relating to the acquiring/hiring, retention, utilization, improvement and retrenchment of employees within the organisation.
  • The process involves planning and anticipating the organisation’s human resources needs
  • For example on a farm there might be need for temporary/seasonal workers during harvest and […]
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Advantages and Disadvantages of Primary Research

By |2025-02-12T09:39:06+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Advantages and Disadvantages of Primary Research

  • Primary research has a number of advantages and disadvantages

Advantages of Primary Research

  • It is up to date
  • Produces high quality which the business can control and
  • It provides relevant information to the issue being researched at that particular moment
  • The business can control coverage of research

    • […]

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Marketing: Introduction to Elasticity of Demand

By |2025-02-12T09:13:44+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing:Introduction to Elasticity of Demand

  •  Elasticity of demand to which demand for a good or service varies with its price
  • It is a measure of how sensitive or how responsive is demand to changes in the price of a product
  • An elastic product is a product whose demand is sensitive or responsive to […]
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Research and Development

By |2025-02-12T09:34:02+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Production: Quality and its importance

  • Also known as R & D
  • It refers to work directed towards the innovation, introduction, and improvement of products and processes
  • It involves:
    1. Developing completely new products
    2. Creating imitation products that can compete with a rival’s products
    3. Creating prototypes and models based on marketing research data
    4. Improving existing […]
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Business Studies: Break even analysis the graphical method example

By |2025-02-12T09:19:21+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 graphical method example

  • As has been pointed out there are two approaches to break even analysis
  • In this post we will look at the graphical method
  • To help make matters clear we will make extensive use of an example below

Shona runs a take-away pizza […]

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Free Market Economy

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

ZIMSEC O Level Business Studies Notes: Communication: Free Market Economy

Characteristics/Features

• All the resources (factors of production) are owned by private individuals.
• Profit is the main motive of all business.
• There is little or no government interference in business activities.
• Producers are free to produce how much they want, for whomever they want.
• Consumers are free […]

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Non Financial Motivation: Job Enrichment

By |2025-02-12T09:35:33+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Job enrichment is a non-financial method to motivate workers. Image credit unieducar.org.br Job enrichment is a non-financial method to motivate workers. Image credit unieducar.org.br ZIMSEC O Level Business Studies Notes: Non Financial Motivation: Job Enrichment

  • is a management concept that involves redesigning jobs so that they are more challenging to the […]
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Informal and Formal groups

By |2025-02-12T09:10:31+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

An informal group of friends. Image credit huffingtonpost.com

ZIMSEC O Level Business Studies Notes: Informal and Formal groups

  • Businesses are formal groups which are created to perform an economic activity and achieve set objectives which may include profit, growth, provision of essential services etc.
  • Informal groups can emerge within these […]
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