February 2025

Delegation

By |2025-02-12T09:40:31+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Delegation. Image credit blackenterprise.com 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

[…]

Read More
Comments Off on Delegation

Types of Industrial Action

By |2025-02-12T09:14:39+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

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

    • […]

Read More
Comments Off on Types of Industrial Action

Marketing:Introduction

By |2025-02-12T09:34:58+02:00February 12th, 2025|Notes, O Level Biology Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing:Introduction

  • Is the business/organisational function concerned with identifying, anticipating and satisfying consumer needs and wants at a profit
  • The marketing process involves market research to identify consumer needs and wants
  • Once these needs are identified the organisation then satisfied by creating/providing products at the best possible price thus attaining a profit
  • Marketing also […]
Read More
Comments Off on Marketing:Introduction

Promotional Publicity

By |2025-02-12T09:10:38+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Marketing: Promotional Publicity

  • Is a type of promotion that relies mainly on press releases to the media
  • Although this often involves mass communication promotional publicity distinguishes itself from advertising in that the information is published for free
  • Thus this type of promotion that relies on public relations effect of a news story which […]
Read More
Comments Off on Promotional Publicity

Batch Production

By |2025-02-12T09:28:00+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Production: Batch Production

  • Is a method of production where products are made in batches
  • The products are made in groups rather than individually as in job production or in a continuous stream as in flow production
  • Each batch is completed before starting the next group of products
  • For example a shoe maker can […]
Read More
Comments Off on Batch Production

Business Studies: Budgets an introduction

By |2025-02-12T09:13:24+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:Budgets an introduction

  • As pointed out in another topic one of the principal functions of management is planning
  • It involves creating predetermined courses of action (i.e. plans)
  • A budget is a plan of action for achieving quantified objectives
  • Budgets are plans of action expressed in quantitative(measurable) terms

    • […]

Read More
Comments Off on Business Studies: Budgets an introduction

Piece Rate

By |2025-02-12T09:24:06+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Piece Rate

  • This when a payment is made to a worker for each unit that the worker has produced
  • Workers wages depend on the quantity they have produced
  • It does not consider the time spent by workers in producing each unit
  • Piece rate system is the method of remunerating the workers according to […]
Read More
Comments Off on Piece Rate

Tall and Flat organisational structures

By |2025-02-12T09:42:08+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Tall vs Flat Organisational structures. Image credit Huffingtonpost.com Tall vs Flat Organisational structures. Image credit Huffingtonpost.com

ZIMSEC O Level Business Studies Notes: Tall and Flat organisational structures

  • Organisational structures can also, among other terms and ways, be described as either tall or flat
  • This is done by looking at the layers […]
Read More
Comments Off on Tall and Flat organisational structures

Employer’s responses to industrial action

By |2025-02-12T09:15:25+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Managing Human Resources: Trade Unions: Employer’s responses to industrial actions

  • When negotiations between employers and employees fail, employees may engage in industrial action
  • Employers may counter these actions using various methods including:
    1. Dismissal of offending employees
    2. Manipulation and cooptation- i.e. buy off the leaders of the industrial action
    3. Lockout the strikers
    4. Strike breaking […]
Read More
Comments Off on Employer’s responses to industrial action
Toggle Sliding Bar Area
Go to Top