business studies Archives - Page 6 of 13 - Free ZIMSEC & Cambridge Revision Notes

Matrix organisation structure

By garikaib|2025-02-12T09:08:33+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

An example of a matrix based organisational structure

ZIMSEC O Level Business Studies Notes: Matrix organisational structure

Is an organisational structure where subordinates have more than one reporting line i.e. some individuals report to more than one superior.
It is also known as the hybrid organisational structure as it incorporates […]

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Induction Training/Orientation
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Induction Training/Orientation

Notes, O Level Business Studies Notes, Ordinary Level Notes

Induction Training/Orientation

By garikaib|2025-02-12T09:24:13+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: Induction Training/Orientation

This is also known as induction training
It is a process of introducing a new employee to the organisation and
Introducing the organisation to the new employee
It is considered a form of training
Induction is important as it:
1. Ensures the employee is integrated as […]

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Marketing mix
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Marketing mix

Notes, O Level Business Studies Notes, Ordinary Level Notes

Marketing mix

By garikaib|2025-02-12T09:42:45+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Marketing mix

Refers to a set of marketing tools that the firm uses to pursue its marketing objectives in the target market
It is used to describe four variable decisions that a business has to make when it is marketing its products
These variables are also known as the four Ps viz:

[…]

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Customer oriented pricing
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Customer oriented pricing

Notes, O Level Business Studies Notes, Ordinary Level Notes

Customer oriented pricing

By garikaib|2025-02-12T09:17:12+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Customer oriented pricing

This is pricing based on the demand for the product and customer’s perceptions of the product’s value
Various techniques are used
Perceived value pricing-is where the price is chosen to position the product in the market
A price is chosen which is consistent with the image of the product
This […]

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Importance of cash flow to the business
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Importance of cash flow to the business

Notes, O Level Business Studies Notes, Ordinary Level Notes

Importance of cash flow to the business

By garikaib|2025-02-12T09:38:51+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Importance of cash flow to the business

It is important for a business to manage its cash flow carefully
As pointed out in the introduction there is a difference between cash flow and profitability
It is quite possible for a business to be profitable and still have cash flow […]

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Business Studies: Monetary and Fiscal Policies
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Business Studies: Monetary and Fiscal Policies

Notes, O Level Business Studies Notes, Ordinary Level Notes

Business Studies: Monetary and Fiscal Policies

By garikaib|2025-02-12T09:29:17+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Aiding and influencing the businesses: Monetary and Fiscal Policies

As has already been pointed out in another topic the government has several reasons to want to aid and influence the operations of businesses
There are a number of ways in which the local and national governments can do this
In this topic […]

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June 2009 Business Studies Paper 1 (Without Answers)

By garikaib|2025-02-12T09:30:40+02:00February 12th, 2025|A Level Business Studies Exams, Advanced Level Exams, Exams|

Image credit fanpop.com ZIMBABWE SCHOOL EXAMINATIONS COUNCIL

General Certificate of Education Advanced Level

BUSINESS STUDIES […]

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Non Financial Motivation: Job enlargement

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

Job enlargement can be used to motivate workers. Image credit framepool.com ZIMSEC O Level Business Studies Notes: Non Financial Motivation: Job enlargement

A job design technique in which the number of tasks associated with a job is increased
and the […]

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The need for/importance of effective communication
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The need for/importance of effective communication

Notes, O Level Business Studies Notes, Ordinary Level Notes

The need for/importance of effective communication

By garikaib|2025-02-12T09:03:01+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Managing Human Resources: Communication in Business: The need for/importance of effective communication

Communication is said to be effective when it is received and understood in the manner in which the sender intended
Effective communication is essential to the achievement of the organisation’s goals
Without communication it would be hard to define the organisation’s […]

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Labour Turnover
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Labour Turnover

Notes, O Level Business Studies Notes, Ordinary Level Notes

Labour Turnover

By garikaib|2025-02-12T09:25:07+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: Labour Turnover

It is a statistical measure of the number of people who leave an organisation’s employ versus the number of people who remain in that organisation’s employment in a given year
It is expressed as a ratio:
\dfrac{\text{Number of people who left}}{\text{Avergage number of people employed}} […]

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February 2025