January 2023

Barriers to effective communication

By |2022-09-15T12:34:11+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Emotional barrier. Image credit moneycrashers.com

ZIMSEC O Level Business Studies Notes: Managing Human Resources: Communication in Business: Barriers to effective communication

  • A communication barrier is an obstacle that prevents the flow of communication within the organisation
  • Communication barriers lead to communication failure
  • Barriers can be found at each level during the communication process
  • That is they can be found during […]
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Problems of high labour turnover

By |2022-09-15T12:34:04+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:Problems of high labour turnover

  • Labour turnover is essential for the health of the organisation:
    1. It prevents stagnation in the workplace through the infusion of new blood and ideas
    2. It allows the organisation to adapt to changing demands
    3. It allows the organisation to replace ageing workforce

Problems of high […]

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The Product Life Cycle

By |2022-09-15T12:33:57+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: The Product Life Cycle

  • The term product life cycle is used to describe the phases through which a product passes from its introduction to decline
  • It is a basic fact in business that all products introduced go through a number of phases from their introduction to their eventual elimination
  • Generally a product […]
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Price Variations

By |2022-09-15T12:33:52+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing:Price Variations

  • In addition to employing varies pricing strategies  firms can also make use of price variations
  • This is when prices are adjusted depending on a variety of factors
  • This is usually achieved by using discounts
  • There are therefore a number of discounts
  • Discounts for bulk purchases
  • Discounts for prompt payments
  • Purchases […]
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Business Studies:The profit and loss account

By |2022-09-15T12:33:46+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: The profit and loss account

  • Organisations that operate on a profit basis traditionally prepare what used to be known as a trading and profit and loss account
  • Nowadays it is more generally known as an Income Statement
  • In strict financial accounting parlance it is called a Statement of Comprehensive […]
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Business Studies: Government and location of businesses

By |2022-09-15T12:33:40+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Aiding and influencing the business:Government and location of businesses

  • We have already looked at factors that affect where a business chooses to locate
  • One of the principal factors to consider is the government’s policies,laws and regulations
  • The government might pass laws prohibiting certain businesses from certain areas
  • For example heavy industries cannot […]
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How managers can use Maslow’s theory of motivation

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

A shop floor worker. Image credit footprint2africa.com A shop floor worker. Image credit footprint2africa.com ZIMSEC O Level Business Studies Notes: How managers can use Maslow’s theory of motivation

  • Maslow’s motivation theory can be used to motivate workers in a number of ways
  • Managers should first identify the unfulfilled needs of […]
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Non Financial Methods of Motivation

By |2022-09-15T12:37:34+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Non-financial motivators. Image credit icsingenierie.com Non-financial motivators. Image credit icsingenierie.com ZIMSEC O Level Business Studies Notes: Non Financial Methods of Motivation

  • These can be contrasted with financial methods of motivation
  • Non financial motivation methods are those that do not involve the flow of monetary benefits to the employee/worker
  • These include:
  • […]

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Ways to overcome barriers to the communication process

By |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:Ways to overcome barriers to the communication process

  • As pointed out the communication process can encounter problems that will reduce its effectiveness
  • These problems are also known as communication barriers
  • To read notes on the communication process please click here
  • These communication barriers can be overcome in various ways […]
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Dismissal, retrenchment and redundancy of employees

By |2022-09-15T12:34:04+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:Dismissal, retrenchment and redundancy of employees

  • All employees eventually leave the employ of the organisation
  • This can be due to:
    1. Separation as a result of management action:
    2. Disciplinary action
    3. Dismissal due to dissatisfaction with performance
    4. Redundancy
  • It could also be due to other factors that are unavoidable such as:
      […]
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