February 2025

The Management function

By |2025-02-12T09:32:37+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: Training: The Management function

  • is the planning, organizing, leading/commanding, controlling and coordinating of the organisation’s activities so as to make sure the organisation’s objectives are achieved in an efficient and effective manner
  • Management can also be defined as the art of doing work through others
  • It entails […]
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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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