business studies Archives - Free ZIMSEC & Cambridge Revision Notes

Uses of Herzberg’s Theory

By garikaib|2022-09-15T12:37:42+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Tobacco graders working in a group. Image credit flickr.com

Tobacco graders working in a group. Image credit flickr.com ZIMSEC O Level Business Studies Notes: Uses of Herzberg’s Theory

The theory led/has led to the standardisation of:
working conditions e.g working hours which have become more fixed
These working conditions have also […]
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Organisational Charts

By garikaib|2022-09-15T12:37:33+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

A simple organisational chart.

ZIMSEC O Level Business Studies Notes: Organisational Charts

It is a diagram that shows the organisation structure of a given organisation
It is also defined as a pictorial depiction of an organisation’s structure
An organisation’s structure is also known as it’s internal structure

[…]

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Trade Unions and Businesses: Introduction
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Trade Unions and Businesses: Introduction

Notes, O Level Business Studies Notes, Ordinary Level Notes

Trade Unions and Businesses: Introduction

By garikaib|2022-09-15T12:34:10+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Managing Human Resources: Trade Unions and Businesses: Introduction

these are organisations of employees who have come together for a common purpose
trade unions are formed by employees with a shared interest
The main function of trade unions is collective bargaining on behalf of employees
Collective bargaining refers to the process of negotiation between employers(management)
and […]
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On the job training methods
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On the job training methods

Notes, O Level Business Studies Notes, Ordinary Level Notes

On the job training methods

By garikaib|2022-09-15T12:34:03+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: On the job training methods

this is when instruction and training is provided during the work itself
There are a number of on the job training methods:
Demonstration-a practical exhibition and explanation of how something works or is performed
Coaching-involves focusing on the individual trainee’s needs, observing […]
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Promotion:Introduction
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Promotion:Introduction

Notes, O Level Business Studies Notes, Ordinary Level Notes

Promotion:Introduction

By garikaib|2022-09-15T12:33:56+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Promotion

Organizations come up with promotional strategies to communicate with customers or clients
Promotional strategy- the choice of a target market and formulation of the most appropriate promotion mix to influence it.
Promotion refers to the organisational function concerned with the advancement of a product, idea, or point of view through publicity […]
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Factors to consider when choosing a distribution channel
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Factors to consider when choosing a distribution channel

Notes, O Level Business Studies Notes, Ordinary Level Notes

Factors to consider when choosing a distribution channel

By garikaib|2022-09-15T12:33:51+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Factors to consider when choosing a distribution channel

As pointed out elsewhere business have to choose from a number of distribution channels
In instance the business has to consider several factors when deciding on the most appropriate channel to use
These factors include:

The nature of the product

for example industrial products are […]
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Business Studies: Ratio Analysis: Introduction
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Business Studies: Ratio Analysis: Introduction

Notes, O Level Business Studies Notes, Ordinary Level Notes

Business Studies: Ratio Analysis: Introduction

By garikaib|2022-09-15T12:33:45+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Ratio Analysis: Introduction

Businesses record financial transactions as part of the finance and accounting function
This financial information is presented in the form of financial statements also known as final accounts at the end of each year/trading period
This information is used by various stakeholders of the business to make […]
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Business Studies: Cost Benefit Analysis
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Business Studies: Cost Benefit Analysis

Notes, O Level Business Studies Notes

Business Studies: Cost Benefit Analysis

By garikaib|2022-09-15T12:33:38+02:00January 24th, 2023|Notes, O Level Business Studies Notes|

ZIMSEC O Level Business Studies Notes: Aiding and Influencing the Business: Cost Benefit Analysis

The major objectives of businesses is to provide services profitably and to survive
Traditionally profit has been the overriding goal of the owners of the business
But often the activities of businesses have an impact on the environment
Environment refers to the natural world around […]
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McGregor’s Theory of X and Y

By garikaib|2022-09-15T12:37:41+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

A theory Y worker is self-driven. Image credit bloomberg.com

A theory Y worker is self-driven. Image credit bloomberg.com ZIMSEC O Level Business Studies Notes: McGregor’s Theory of X and Y

According to McGregor managers have two distinct general assumptions about their employees
Each assumption comes with its own sets of assumptions […]
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Power,Authority, Responsibility and span of control

By garikaib|2022-09-15T12:37:32+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Mugabe and military officers. image credit insiderzim.com

ZIMSEC O Level Business Studies Notes: Organisational Charts

These are concepts that are related with how business organisations operate and are organised
Power- is the ability or capacity to influence others
For example charismatic leaders like Adolf […]
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January 2023

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The nature of the product

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