February 2025

The External business Environment (PESTEL)

By |2025-02-12T09:01:08+02:00February 12th, 2025|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: The External business Environment (PESTEL)

  • As mentioned in our introduction to this topic
  • Businesses do not operate in isolation
  • There are external factors which also exert their influence on its operations
  • These external factors together constitute the external business environment
  • The […]
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Drawbacks And Benefits Of Capitalism

By |2025-02-12T09:25:23+02:00February 12th, 2025|Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

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

  • In our discussion of capitalism as an economic ideology
  • We explored some of its features
  • These collective features give capitalism it’s merits and demerits

Advantages of Capitalism

  • The profit […]
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AS A Level Business: Industrialisation

By |2025-02-12T09:10:21+02:00February 12th, 2025|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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Enterprising/ Entrepreneurship : Introduction

By |2025-02-12T09:03:15+02:00February 12th, 2025|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 |2025-02-12T09:43:08+02:00February 12th, 2025|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: Levels Of Business Activity

By |2025-02-12T09:11:49+02:00February 12th, 2025|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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Characteristics Of A Successful Entrepreneur

By |2025-02-12T09:06:29+02:00February 12th, 2025|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 |2025-02-12T09:45:15+02:00February 12th, 2025|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: Introduction To Market And Marketing Research

By |2025-02-12T09:15:09+02:00February 12th, 2025|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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Reasons Why Businesses/Startups Might Fail

By |2025-02-12T09:08:46+02:00February 12th, 2025|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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