January 2023

Productivity Agreements, Commissions, Salary

By |2022-09-15T12:37:38+02:00January 24th, 2023|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

  • 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 |2022-09-15T12:37:28+02:00January 24th, 2023|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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The recruitment process

By |2022-09-15T12:34:07+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Managing Human Resources: Human Resources Management: The recruitment process

  • Recruitment is the process of finding the best candidate for the job either from within or outside the organisation
  • The process should be carried out in a timely, efficient and effective manner
  • The recruitment process includes analyzing the requirements of a job,
  • and attracting […]
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Advantages and Disadvantages of Primary Research

By |2022-09-15T12:33:59+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Advantages and Disadvantages of Primary Research

  • Primary research has a number of advantages and disadvantages

Advantages of Primary Research

  • It is up to date
  • Produces high quality which the business can control and
  • It provides relevant information to the issue being researched at that particular moment
  • The business can control coverage of research
  • […]

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Marketing: Introduction to Elasticity of Demand

By |2022-09-15T12:33:54+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing:Introduction to Elasticity of Demand

  •  Elasticity of demand to which demand for a good or service varies with its price
  • It is a measure of how sensitive or how responsive is demand to changes in the price of a product
  • An elastic product is a product whose demand is sensitive or responsive to […]
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Methods of controlling quality

By |2022-09-15T12:33:48+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

  • Quality is fitness for a particular purpose
  • Quality means the produced product meets customer expectations
  • Various methods are used by businesses to achieve and maintain quality
  • These methods include:

Quality Control

  • Quality control is the process of checking quality at the end of the production line to ensure that it meets set benchmarks and standards

Quality Assurance

  • is a more comprehensive […]
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Business Studies: Break even analysis the graphical method example

By |2022-09-15T12:33:41+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Break even analysis the graphical method example

  • As has been pointed out there are two approaches to break even analysis
  • In this post we will look at the graphical method
  • To help make matters clear we will make extensive use of an example below

Shona runs a take-away pizza […]

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