November 2008 Business Studies Paper 1(Without Answers)
image credit davidduke.com ZIMBABWE SCHOOL EXAMINATIONS COUNCIL
General Certificate of Education Advanced Level
BUSINESS STUDIES […]
February 2025
Financial Reward Systems
Financial rewards are a way to compensate and motivate workers. Image credit sc.com ZIMSEC O Level Business Studies Notes: Financial Reward Systems
- These are procedures, rules, and standards associated with allocation of benefits and compensation to employees.
- Financial […]
Geographical organisation structure
ZIMSEC O Level Business Studies Notes: Geographical based organisational structure
- This is when an organisations divisions, operations, duties and positions are based geographical area, country, regions, provinces, towns or districts
- Usually there is a Head Quarters to which all the subdivisions and their related personnel report to
- The head quarters administers […]
Employment contract
ZIMSEC O Level Business Studies Notes: Managing Human Resources: Human Resources Management: Employment contract
- A contract is a voluntary, deliberate, and legally binding agreement between two or more competent parties
- An employment contract is such a contract between an employer and employee
- When there is a successful candidate is selected he or she is offered a contract of employment
[…]
Market segmentation
ZIMSEC O Level Business Studies Notes: Marketing: Market segmentation
- this is the process of dividing/dis-aggregating the market into discrete/distinct groups(segments) of customers based on a variety of criteria
- Here the word market refers to the total sum of all of a firm’s customers/consumers
- The words customer and consumer after often used interchangeably in business
- Consumer- is the end user […]
Advantages and disadvantages of cost based pricing methods
ZIMSEC O Level Business Studies Notes: Marketing: Advantages and disadvantages of cost based pricing methods
- Cost based pricing models have some benefits and drawbacks
Advantages
- It is easy to understand and calculate the price
- These pricing models make sure that incurred costs are covered
- They can be helpful and do simplify investment appraisal decisions for example using required rate of […]
Cash flow introduction
ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Cash Flow Introduction
- Cash flow is defined as the movement of cash into and out of the business
- Cash flowing into the business is called cash inflow
- Conversely cash flowing out is called cash out flow
- In accounting terms cash flow is viewed as the difference between the amount […]
Business Studies: The uses and limitations/weaknesses of break even analysis
ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Break even analysis: The uses and limitations/weaknesses of break even analysis
- Break even analysis has it’s strengths and weaknesses
Advantages/Uses/Strengths of Break even analysis
- Break even analysis is an important investment appraisal option as it allows management to quickly asses the viability of a proposition
- Margin of safety calculations are […]
November 2008 Business Studies Paper 2 (Without Answers)
Image credit africanreporter.co.za ZIMBABWE SCHOOL EXAMINATIONS COUNCIL
General Certificate of Education Advanced Level
BUSINESS STUDIES […]
Non Financial Motivation: Job Rotation
Job rotation can motivate workers among other things. Image credit marketwatch.com ZIMSEC O Level Business Studies Notes: Non Financial Motivation: Job Rotation
- Is when workers are moved from job to job or station to station
- Job rotation- can be defined as […]