February 2025

On the job training methods

By |2025-02-12T09:29:43+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: On the job training methods

  • this is when instruction and training is provided during the work itself
  • There are a number of on the job training methods:
  • Demonstration-a practical exhibition and explanation of how something works or is performed
  • Coaching-involves focusing on the individual trainee’s needs, observing […]
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Promotion: Advertising

By |2025-02-12T09:08:20+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Packaging

  • To advertise is to describe or draw attention to (a product, service, or event) in a public medium in order to promote sales or attendance
  • Advertising involves the use of various media to relay promotion messages
  • It is non-personal and directed towards large  numbers of people (mass communication)
  • It uses media […]
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Supply and Demand (Market Forces)

By |2025-02-12T09:25:16+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Production: Supply and Demand (Market Forces)

  • In a free market economy the forces of supply and demand determine the price at which a product is sold
  • These two forces: supply and demand are also known as market forces
  • They are used to determine the price at which customers are willing to purchase […]
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Business Studies: Profitability Ratios

By |2025-02-12T09:00:21+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:Profitability Ratios

  • These measures indicate how well a business is performing in terms of its ability to generate profit
  • The ratios relate profits to sales and assets
  • There are three commonly used ratios:
  • Return on Capital Employed (ROCE)
  • Profit Margin and
  • Profit Markup

Return on Capital Employed

  • Is normally […]
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Business Studies: Cost Benefit Analysis

By |2025-02-12T09:35:20+02:00February 12th, 2025|Notes, O Level Business Studies Notes|

ZIMSEC O Level Business Studies Notes: Aiding and Influencing the Business: Cost Benefit Analysis

  • The major objectives of businesses is to provide services profitably and to survive
  • Traditionally profit has been the overriding goal of the owners of the business
  • But often the activities of businesses have an impact on the environment
  • Environment refers to the natural world around […]
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Partnership Business

By |2025-02-12T09:21:11+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes, Principles of Accounts Notes|

Deloitte and Touche are examples of a Partnership Business.

Deloitte and Touche are examples of a Partnership Business.ZIMSEC O Level Business Studies Notes: Partnership Business

Characteristics/Features

  • A partnership is an unincorporated association of two or more individuals to carry on a business for profit. General partnerships are usually made up of 2-20 partners. Special […]
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Performance Related Pay

By |2025-02-12T09:24:46+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Performance related pay can improve performance. Image credit loophaiti.com Performance related pay can improve performance. Image credit loophaiti.com ZIMSEC O Level Business Studies Notes: Performance Related Pay

  • A financial reward system for employees where some or all
  • of their monetary compensation is related to how their performance
  • This performance is based […]
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Job description

By |2025-02-12T09:44:33+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Job description. Image credit atlantablackstar.com Job description. Image credit atlantablackstar.com

ZIMSEC O Level Business Studies Notes: Job description

  • it is a formal account of an employee’s responsibilities
  • is a formal summary of the duties of a position
  • it states the essential responsibilities of the job
  • It often comes in the form of a […]
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Upward, Downward, Horizontal Communication

By |2025-02-12T09:25:52+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Horizontal communication is between peers. Image credit life.wevorce.com

ZIMSEC O Level Business Studies Notes: Leadership: Upward, Downward, Horizontal Communication

  • When it comes to direction communication can be classified as horizontal, downward or upward
  • Downward communication follows the chain of command from the topmost levels to the subordinates
  • This can be used […]
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