ZIMSEC Advanced Level Business Studies Notes

Form 5

  1. Introduction to Business:
    1. The nature and purpose of business activity
    2. Levels of Economic Activity
    3. The Economic Problem
    4. Factors of Production
      1. Intellectual property
    5. The concept of adding value
    6. Industrialisation
    7. Economic Systems
      1. Free Market Economy
        1. Advantages and disadvantages of free market economy
      2. Planned/Command Economy
        1. Advantages and disadvantages of the command economic system
      3. Mixed Economy
    8. Private and Public Sectors:
      1. Private Sector Businesses
        1. Types of business organisations: Introduction
          1. Sole Trader Business
          2. Partnerships
          3. Introduction to 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
            6. Going Public
            7. Going Private
          4. Franchise Business
          5. Multi National Companies
      2. Public Sector Business
  2. Types of Business Environments
    1. The internal business environment
    2. The external business environment
    3. The Macro-economic and Micro-economic business environment
    4. Business Stakeholders
  3. Size and Growth of Business
    1. Way of measuring the size of a business
    2. Small and medium enterprises (SMEs)
      1. The importance of SMEs
      2. The problems faced by SMEs
      3. State and government intervention in SMEs
  4. Business aims and objectives
    1. Conflict and objectives
  5. Business Constraints
  6. ICT in business

Form 6

  1. International trade
  2. Causes of Business Failure

  1. ICT in business

Form 5

  1. Purpose of a business plan
  2. How to prepare a business plan
  3. Components of a business plan
  4. Meaning of Project
  5. Project fomulation

Form 6

  1. Formulation of project
  2. Tools for decision making
  3. Project

Form 5

  1. Management
  2. Leadership
  3. Motivation

Form 6

  1. Organisational Structure
  2. Human Resources Management

Form 5

  1. Purpose of communication
  2. Channles of communication
  3. Methods of communication

Form 6

  1. Barriers to communication
  2. Role of management in faciliatating communication

Form 5

  1. Evolution of marketing
  2. Market analysis
  3. Marketing research
    1. Introduction to marketing research and market research
  4. Demand and Supply concepts

Form 6

  1. Marketing mix and marketing strategies
  2. Impact of ICTs in marketing

Form 5

  1. Nature of operations
  2. Operations planning/organising production

Form 6

  1. Operations efficiency
  2. Quality management
  3. Inventory management

Form 5

  1. Business Finance
  2. Financial Markets

Form 6

  1. Accounting