ZIMSEC Advanced Level Business Entreprise And Skills Notes

Form 5

  1. The nature and purpose of economic activity
  2. The Economic Problem
  3. Factors of Production
    1. Intellectual Property
  4. The concept of adding value
  5. Types of Economic Systems: Introduction
    1. Command Economy/ Command Economic System/Planned Economic System:
      1. Advantages and disadvantages of a planned economy
    2. Free Market Economic System:
      1. Advantages and disadvantages of a free market economy
    3. Mixed Economy
  6. Economic Philosophies: Introduction
    1. Capitalism
      1. Advantages and Disadvantages of Capitalism
    2. Socialism
      1. Advantages and Disadvantages of Socialism
    3. Communism
    4. Indigenisation
  7. Enterprising: Introduction:
    1. Characteristics of a successful entrepreneur
    2. Reasons why businesses/startups might fail
    3. Features of successful business
  8. The Internal and External Environment:
    1. The Internal Business Environement
    2. The External business Environment (PESTEL)
    3. SWOT Analysis
  9. Forms of business introduction
    1. Limited Liability Companies
      1. Private Limited Companies
      2. Public Limited Companies
      3. Introduction to company shares
      4. Introduction to debentures
      5. Articles of Association, Memorandum of Association, Certificate of Incorporation
    2. Franchise Businesses
    3. Multi-National Companies
  10. Economic Integration
  11. Business Stakeholders
  12. Resources
  13. Forms of Business Enterprises
  14. Privatisation
  15. Business Startups

Form 6

  1. Enterprise constraints and ethical issues
  2. Acquiring and sustainable use of resources

Form 5

  1. Forms of business enterprise
  2. Main features of business enterprises
  3. Privatisation
  4. Assistance to new enterprise start-ups

Form 6

  1. Measurement of business size
  2. Small to Medium Sized Enterprises (SMEs)
  3. Survival and growth strategies of a business enterprise
  4. Strategies of breaking into foreign markets

Form 5

  1. Business enterprise objectives
  2. Business plan
  3. Designing and implementation of business plans
  4. Enterprise project

Form 6

  1. Managing growing business enterprise
  2. Laws and regulations governing business enterprises
  3. Start-up and operations
  4. Enterprise project

Form 5

  1. Enterprise finance
  2. Sources of finance for an enterprise
  3. Accounting concepts
  4. Users of accounting information
  5. Financial statements
  6. Depreciation
  7. Stock valuation

Form 6

  1. Ratio analysis
  2. Investment appraisal techniques
  3. Decision Trees
  4. Cost-Beneft Analysis (CBA)
  5. Budgeting

Form 5

  1. Management
  2. Motivation
  3. Leadership
  4. Organizational structure
  5. Communication in business enterprise

Form 6

  1. Human Resource management(HRM)

Form 5

  1. Purpose of marketing for an enterprise
  2. Enterprise and markets
  3. Demand concepts
  4. Market research
    1. Introduction to marketing research and Market research
  5. Market segmentation
  6. Marketing strategies

Form 6

  1. Marketing mix
  2. Product portfolio planning
  3. E-business and the enterprise

Form 5

  1. Nature of Production
  2. Adding Value
  3. Costing
  4. Production and productivity
  5. Production methods
  6. Capital vs Labour intensity
  7. Scale of operation

Form 6

  1. Inventory management
  2. Quality control and quality assurance
  3. Critical Path Analysis
  4. Work Study