January 2023

Enterprising/ Entrepreneurship : Introduction

By |2022-09-15T12:30:10+02:00January 24th, 2023|Cambridge AS A Level Business Studies, Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Enterprising/ Entrepreneurship : Introduction

  • As said elsewhere there are four factors of production
  • These are: capital, land, labour and enterprise/entrepreneurship
  • An entrepreneur can be defined as an individual who organizes and operates a business or businesses, taking on financial risk to […]
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Economic Philosophies: Socialism

By |2022-09-15T12:29:53+02:00January 24th, 2023|Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Economic Philosophies: Socialism

  • Socialism is one of the two left-leaning economic philosophies
  • It is at the core of most countries that are led by left-wing politicians
  • Indeed some of its principles have been adopted even by capitalist societies
  • At its heart is the […]
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AS A Level Business: Industrialisation

By |2022-09-15T12:29:46+02:00January 24th, 2023|Cambridge AS A Level Business Studies, Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Industrialisation

  • It is often taken for granted in developing economies like Zimbabwe that one of the macroeconomic goals the government has to pursue is industrialisation
  • Industrialisation is a term that is used to explain the increasing importance of the […]
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Characteristics Of A Successful Entrepreneur

By |2022-09-15T12:30:09+02:00January 24th, 2023|Cambridge AS A Level Business Studies, Notes, Ordinary Level Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Enterprising/ Entrepreneurship : Characteristics Of A Successful Entrepreneur

  • Now that we have looked at what an entrepreneur is and what they do
  • In simple terms, an entrepreneur is a person who brings together the factors of productions to produce goods and […]
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Socialism: Drawbacks And Benefits

By |2022-09-15T12:29:53+02:00January 24th, 2023|Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Economic Philosophies: Socialism Demerits and Merits

  • During our discussion of Socialism
  • We examined its features and aims
  • These features give socialism its advantages and disadvantages

Advantages of socialism

  • It strives to create an equal […]
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AS A Level Business: Levels Of Business Activity

By |2022-09-15T12:29:45+02:00January 24th, 2023|Cambridge AS A Level Business Studies, Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Levels of Economic Activity

  • Just as the economy can be divided into three sectors (primary, secondary and tertiary)
  • So can business activity/operations be divided into three levels of activity namely:
    • Primary
    • Secondary
    • Tertiary
  • These are also known as the three levels of economic […]
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Reasons Why Businesses/Startups Might Fail

By |2022-09-15T12:30:08+02:00January 24th, 2023|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Enterprising/ Entrepreneurship : Reasons Why Businesses/Startups Might Fail

  • As has been hinted on time and time again not all businesses/startups are successful
  • There is a lot of statistics out there about just how many businesses fail int heir first year
  • Some […]
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Economic Philosophies: Communism

By |2022-09-15T12:29:52+02:00January 24th, 2023|Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

  • Communism is the other of two left-leaning economic and political ideologies
  • Like it’s fraternal twin, socialism, it attempts to provide an alternative to feudalism which it replaced in countries like Russia and Capitalism which is widespread in the so-called Western countries
  • Again at its core is the belief that all members of society ought to be […]
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AS A Level Business: Introduction To Market And Marketing Research

By |2022-09-15T12:29:45+02:00January 24th, 2023|Cambridge AS A Level Business Studies, Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Introduction To Marketing And Market Research

  • Marketing has been defined as the process of identifying and anticipating consumer needs and wants so they can be satisfied at a profit
  • Market research is concerned with identifying and anticipating these needs […]
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The Nature And Purpose Of Economic Activity

By |2022-09-15T12:30:04+02:00January 24th, 2023|Cambridge AS A Level Business Studies, Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Enterprising: The Nature And Purpose Of Economic Activity

  • As we live our lives we interact with businesses (enterprises) on a daily basis
  • The shop from which we buy bread and other groceries
  • The vendor who sells us vegetables
  • As is already […]
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