February 2025

Benefits and drawbacks of advertising

By |2025-02-12T09:09:48+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Benefits and drawbacks of advertising

  • Not all advertising is successful
  • In fact advertising does have its advantages and disadvantages

Advantages of advertising

  • It informs the customer
  • It is part of the competitive process and fights off the competition
  • It allows consumers/customers to make an informed choice
  • I can act as a guarantee of […]
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Job Production

By |2025-02-12T09:26:58+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Production: Job Production

  • Production is the creation of goods and services
  • Job production is a production method when:
  • items are made individually
  • Each item is completed before the next one is started
  • Each item is unique
  • Usually the product is custom made to the customer’s specifications or requirements
  • Examples of items made […]
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Business Studies: Working Capital

By |2025-02-12T09:06:56+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Working Capital

  • Refers to the capital of the business that is used for the day to day running of the business
  • Put simply it is the cash available for day-to-day operations of an organization
  • Strictly speaking though working capital is more than just cash
  • It includes all the assets […]
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Introduction to Shares

By |2025-02-12T09:22:38+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes, Principles of Accounts Notes|

Image credit pfguru.com Image credit pfguru.com ZIMSEC O Level Business Studies Notes: Introduction to Shares

  • This is a unit or portion of capital.
  • It represents a stake in a limited liability business.

Types/Classes of shares.

  • There are basically two types of shares:
  • Ordinary and preference shares.

Ordinary shares

  • these represent equity ownership […]
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Productivity Agreements, Commissions, Salary

By |2025-02-12T09:26:55+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Salary gives status and flexibility. Image credit blogspot.com

Salary gives status and flexibility. Image credit blogspot.comZIMSEC O Level Business Studies Notes: Productivity Agreements, Commissions, Salary

  • A commision -is a form of remuneration that is based on total sales
  • It is a common form of payment with sales agents, insurance brokers etc
  • It is paid upon […]
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Product based Organisational structure

By |2025-02-12T08:56:42+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

An example of Product Based Organisational structure. An example of Product Based Organisational structure.

ZIMSEC O Level Business Studies Notes: Product based Organisational structure

  • This is when organisational operations, departments, duties and tasks are grouped based on particular lines of goods and services.
  • The organisation’s structure is based on major product […]
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Ways of communicating in business

By |2025-02-12T09:29:31+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Phones are a popular means of communication within businesses. Image credit accessableliving.com

ZIMSEC O Level Business Studies Notes: Leadership:Ways of communicating in business

  • There are multiple ways of communication within businesses
  • Sometimes the word methods of communication is used to refer to ways of communication
  • Each way has it’s own advantages […]
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Conflict and ways of resolving conflict

By |2025-02-12T09:13:10+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Managing Human Resources: Trade Unions and Businesses: Conflict and ways of resolving conflict

  • Conflict can be defined as a disagreement or incompatibility that arises from two or more parties having different expectations or objectives
  • Friction or opposition resulting from actual or perceived differences or incompatibilities.
  • In organisations conflict usually arises because the various
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The Market Introduction

By |2025-02-12T09:34:01+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Introduction to markets

  • A market is an actual or nominal place where buyers and sellers interact directly or through intermediaries to trade goods, services, instruments, contracts in exchange for money or other mediums of value
  • Markets can be physical or infrastructural buildings that can actual be observed in the real world for […]
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