February 2025

Production: Introduction

By |2025-02-12T09:25:48+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Production: Introduction

  • Production refers to the process and methods by which inputs i.e. raw materials or semi-finished goods are combined with other factors of production are turned into finished products or semi-finished goods products
  • During the production process the factors of production are combined to make a finished product that can […]
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Business Studies: Liquidity ratios

By |2025-02-12T09:06:43+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

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

  • Liquidity is a measure of how well a business can meet its short term obligations as and when they fall due
  • It is usually expressed in terms of how well the entity in question can convert its assets into cash
  • Short term obligations include amounts owed […]
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Cambrige Notes: Financial statements

By |2025-02-12T09:45:32+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Business Finance and Accounting: Financial statements/ Final Accounts

  • The accounting function exists mainly to record, analyse and present financial information
  • Presentation of financial information involves the preparation of what are known as final accounts
  • They are called final accounts because they are the last accounts to be prepared
  • They are also […]
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Motivation and Motivational Theories

By |2025-02-12T09:22:12+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Construction workers. Image credit biznetafrica.com Construction workers. Image credit biznetafrica.com ZIMSEC O Level Business Studies Notes: Motivation and Motivational Theories

  • People work for any number of reasons
  • Most people work because they want to earn money and survive while others work voluntarily
  • Others work because they find meaning and fulfillment in […]
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Centralisation and decentralization

By |2025-02-12T09:38:34+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Decentralisation vs Centralisation Decentralisation vs Centralisation. Image pixabay.com

ZIMSEC O Level Business Studies Notes: Centralisation and decentralization

  • An organisation’s structure can be centralised or decentralised
  • Centralisation-is when power, authority and decision making are concentrated at the top of the organisation’s hierarchy
  • This means activities such as planning and decision making are […]
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Conflict and ways of resolving conflict

By |2025-02-12T09:13:10+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Managing Human Resources: Trade Unions and Businesses: Conflict and ways of resolving conflict

  • Conflict can be defined as a disagreement or incompatibility that arises from two or more parties having different expectations or objectives
  • Friction or opposition resulting from actual or perceived differences or incompatibilities.
  • In organisations conflict usually arises because the various
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The Market Introduction

By |2025-02-12T09:34:01+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

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 […]
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Benefits and drawbacks of advertising

By |2025-02-12T09:09:48+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

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 […]
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Job Production

By |2025-02-12T09:26:58+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

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 […]
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