February 2025

Importance, Advantages and Disadvantages of informal groups

By |2025-02-12T09:11:17+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Informal groups meet social needs of members. Image credit psypost.org

ZIMSEC O Level Business Studies Notes: Importance, Advantages and Disadvantages of informal groups

Advantages /Importance of informal groups

  • They satisfy the social needs of their members
  • The group members can help each other […]
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Communication in Business: Circulars

By |2025-02-12T08:57:04+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Image credit shareyouressays.com

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

  • Are also known as circular letters
  • It is a written document that is addressed for circulation to a group of people
  • It is usually formal and official
  • They are also known as fliers
  • Many companies use circulars […]
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The selection process

By |2025-02-12T09:21:28+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: The selection process

  • When the proper candidates have been recruited
  • The following step is to select the most appropriate candidate(s) from the available pool
  • Selection is the process of screening candidates using a variety of criteria so as to identify and […]
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Market segmentation

By |2025-02-12T09:41:28+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Market segmentation

  • this is the process of dividing/dis-aggregating the market into discrete/distinct groups(segments) of customers based on a variety of criteria
  • Here the word market refers to the total sum of all of a firm’s customers/consumers
  • The words customer and consumer after often used interchangeably in business
  • Consumer- is the end user […]
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Advantages and disadvantages of cost based pricing methods

By |2025-02-12T09:15:27+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Advantages and disadvantages of cost based pricing methods

  • Cost based pricing models have some benefits and drawbacks

Advantages

  • It is easy to understand and calculate the price
  • These pricing models make sure that incurred costs are covered
  • They can be helpful and do simplify investment appraisal decisions for example using required rate of […]
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Importance of cash flow to the business

By |2025-02-12T09:38:51+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Importance of cash flow to the business

  • It is important for a business to manage its cash flow carefully
  • As pointed out in the introduction there is a difference between cash flow and profitability
  • It is quite possible for a business to be profitable and still have cash flow […]
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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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Reasons why the government regulates Business activity

By |2025-02-12T09:07:41+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes:Reasons why the government regulates Business activity

Forms of government

  • There two major forms of government in Zimbabwe:
    1. The local governments in the form of councils either urban or rural
    2. The main national government
  • There are other laws which apply by virtue of treaties, SADC regulations, the African Union and United Nations

Reasons why governments intervene […]

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Frederick Herzberg’s Two factor theory

By |2025-02-12T09:18:39+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Engineer at work. Image credit ibtimes.com Engineer at work. Image credit ibtimes.com ZIMSEC O Level Business Studies Notes: How managers can use Maslow’s theory of motivation

  • Herzberg used questionnaires and interviews to ask professionals about factors that influence employee performance in the workplace
  • His conclusion was that employee performance is affected […]
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