February 2025

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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Cash flow introduction

By |2025-02-12T09:36:29+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Cash Flow Introduction

  • Cash flow is defined as the movement of cash into and out of the business
  • Cash flowing into the business is called cash inflow
  • Conversely cash flowing out is called cash out flow
  • In accounting terms cash flow is viewed as the difference between the amount […]
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Business Studies: Break even analysis using calculations example

By |2025-02-12T09:23:32+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 using calculations example

  • In this topic we will make Break Even related calculations using formula
  • This approach can be used in conjunction or instead of the graphical method
  • To aid the discussion we will use the example below from a past examination paper:

Shona runs a […]

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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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Introduction to organisational structures

By |2025-02-12T09:31:48+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Workers in a small business startup. Image credit businessinsider.com Workers in a small business startup. Image credit businessinsider.com

ZIMSEC O Level Business Studies Notes: Introduction to organisational structures

  • All businesses, no matter how small or big, are organisations
  • An organisation is a group of people brought together to fulfil a particular […]
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Autocratic Leadership style

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

Uniformed services usually use an autocratic leadership style

ZIMSEC O Level Business Studies Notes: Autocratic Leadership style

  • Under this style of leadership there is an autocratic leader
  • The leader is an authoritarian i.e requires and expects strict obedience and authority
  • The leader is a dictator
  • The leader assumes all the […]
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