Conflict and ways of resolving conflict
ZIMSEC O Level Business Studies Notes: Managing Human Resources: Trade Unions and Businesses: Conflict and ways of resolving conflict
February 2025
The Market Introduction
ZIMSEC O Level Business Studies Notes: Marketing: Introduction to markets
- A market is an actual or nominal place where buyers and sellers interact directly or through intermediaries to trade goods, services, instruments, contracts in exchange for money or other mediums of value
- Markets can be physical or infrastructural buildings that can actual be observed in the real world for […]
Benefits and drawbacks of advertising
ZIMSEC O Level Business Studies Notes: Marketing: Benefits and drawbacks of advertising
- Not all advertising is successful
- In fact advertising does have its advantages and disadvantages
Advantages of advertising
- It informs the customer
- It is part of the competitive process and fights off the competition
- It allows consumers/customers to make an informed choice
- I can act as a guarantee of […]
Job Production
ZIMSEC O Level Business Studies Notes: Production: Job Production
- Production is the creation of goods and services
- Job production is a production method when:
- items are made individually
- Each item is completed before the next one is started
- Each item is unique
- Usually the product is custom made to the customer’s specifications or requirements
- Examples of items made […]
Business Studies: Gearing ratios
ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Ratio Analysis:Gearing ratios
- Gearing refers to the extent to which a business’s assets are financed using debt capital versus equity capital
- Remember the balance sheet equation:
- Assets = Capital (Equity) + Liabilities (Debt)
- What this means is that all assets are purchased using either equity or debt finance
- Equity […]
AS A Level Business: Introduction To Shares
Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Types of businesses: Introduction To Shares
- It has already been said that the capital of limited liability companies is divided into units
- These units are known as shares
- Investors in these companies are known as shareholders i.e. they own/hold shares […]
Business Studies Paper 2 November 2012 (Without Answers)
ZIMSEC SCHOOL EXAMINATIONS COUNCIL
General Certificate of Education Advanced Level
BUSINESS STUDIES […]
Hourly rate/Time rate
Teachers receive a time rate pay. Image credit atlantablackstar.comZIMSEC O Level Business Studies Notes: Hourly rate/Time rate
- This is a way of paying workers based on the time/hours spent working
- The number of hours is calculated by multiplying a pre-agreed rate with the […]
Delegation
Delegation. Image credit blackenterprise.com
ZIMSEC O Level Business Studies Notes: Delegation
- Delegation-is the transfer of authority and responsibility by a superior/manager to a subordinate
- to carry out specific function,duties and tasks
- The delegator remains accountable for the outcome of the delegated work
- Delegation results in decentralisation
[…]
Types of Industrial Action
ZIMSEC O Level Business Studies Notes: Managing Human Resources: Trade Unions: Types of Industrial Action
- If and when there is a failure in negotiations and conflict resolution employees may resort to industrial action
- Industrial action refers to steps that employees can take to force management to accept their demands
- There are various types of industrial action:
- Withdrawal of cooperation
[…]