February 2025

Productivity Agreements, Commissions, Salary

By |2025-02-12T09:26:55+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Salary gives status and flexibility. Image credit blogspot.com

Salary gives status and flexibility. Image credit blogspot.comZIMSEC O Level Business Studies Notes: Productivity Agreements, Commissions, Salary

  • A commision -is a form of remuneration that is based on total sales
  • It is a common form of payment with sales agents, insurance brokers etc
  • It is paid upon […]
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Product based Organisational structure

By |2025-02-12T08:56:42+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

An example of Product Based Organisational structure. An example of Product Based Organisational structure.

ZIMSEC O Level Business Studies Notes: Product based Organisational structure

  • This is when organisational operations, departments, duties and tasks are grouped based on particular lines of goods and services.
  • The organisation’s structure is based on major product […]
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The recruitment process

By |2025-02-12T09:18:03+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Managing Human Resources: Human Resources Management: The recruitment process

  • Recruitment is the process of finding the best candidate for the job either from within or outside the organisation
  • The process should be carried out in a timely, efficient and effective manner
  • The recruitment process includes analyzing the requirements of a job,
  • and attracting […]
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Advantages and Disadvantages of Primary Research

By |2025-02-12T09:39:06+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Advantages and Disadvantages of Primary Research

  • Primary research has a number of advantages and disadvantages

Advantages of Primary Research

  • It is up to date
  • Produces high quality which the business can control and
  • It provides relevant information to the issue being researched at that particular moment
  • The business can control coverage of research

    • […]

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Cost Based Pricing

By |2025-02-12T09:14:57+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Cost Based Pricing

  • Refers to a variety of pricing strategies which involve the addition of a profit element on top of the costs of production
  • The aim is to make sure that costs incurred in production of each unit are covered by the selling price of that unit
  • Popular cost based pricing […]
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Research and Development

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

ZIMSEC O Level Business Studies Notes: Production: Quality and its importance

  • Also known as R & D
  • It refers to work directed towards the innovation, introduction, and improvement of products and processes
  • It involves:
    1. Developing completely new products
    2. Creating imitation products that can compete with a rival’s products
    3. Creating prototypes and models based on marketing research data
    4. Improving existing […]
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Business Studies: Break even analysis using calculations example

By |2025-02-12T09:23:32+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Break even analysis using calculations example

  • In this topic we will make Break Even related calculations using formula
  • This approach can be used in conjunction or instead of the graphical method
  • To aid the discussion we will use the example below from a past examination paper:

Shona runs a […]

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Market based organisational structure

By |2025-02-12T08:58:09+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

An example of a market based structure An example of a market based structure

ZIMSEC O Level Business Studies Notes: Market based organisational structure

  • This is where the organisation’s divisions, operations, duties and positions are based markets, market segments, industry or customer types
  • For example a large clothing store with different […]
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