January 2023

Informal and Formal groups

By |2022-09-15T12:37:27+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

An informal group of friends. Image credit huffingtonpost.com

ZIMSEC O Level Business Studies Notes: Informal and Formal groups

  • Businesses are formal groups which are created to perform an economic activity and achieve set objectives which may include profit, growth, provision of essential services etc.
  • Informal groups can emerge within these […]
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Communication in Business: Reports

By |2022-09-15T12:35:31+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Reports are an integral part of business. Image credit entrepreneur.com

ZIMSEC O Level Business Studies Notes: Leadership: Communication in Business: Reports

  • A report is an account given of a particular matter, especially in the form of an official document, after thorough investigation or consideration by an appointed person or body
  • In […]
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The recruitment process

By |2022-09-15T12:34:07+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: 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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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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Importance, Advantages and Disadvantages of informal groups

By |2022-09-15T12:37:27+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Informal groups meet social needs of members. Image credit psypost.org

ZIMSEC O Level Business Studies Notes: Importance, Advantages and Disadvantages of informal groups

Advantages /Importance of informal groups

  • They satisfy the social needs of their members
  • The group members can help each other […]
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Communication in Business: Circulars

By |2022-09-15T12:35:30+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Image credit shareyouressays.com

ZIMSEC O Level Business Studies Notes: Leadership: Communication in Business: Circulars

  • Are also known as circular letters
  • It is a written document that is addressed for circulation to a group of people
  • It is usually formal and official
  • They are also known as fliers
  • Many companies use circulars […]
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The selection process

By |2022-09-15T12:34:06+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: The selection process

  • When the proper candidates have been recruited
  • The following step is to select the most appropriate candidate(s) from the available pool
  • Selection is the process of screening candidates using a variety of criteria so as to identify and […]
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Frederick Herzberg’s Two factor theory

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

Engineer at work. Image credit ibtimes.com Engineer at work. Image credit ibtimes.com ZIMSEC O Level Business Studies Notes: How managers can use Maslow’s theory of motivation

  • Herzberg used questionnaires and interviews to ask professionals about factors that influence employee performance in the workplace
  • His conclusion was that employee performance is affected […]
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Introduction to organisational structures

By |2022-09-15T12:37:33+02:00January 24th, 2023|Notes, O Level Business Studies Notes, Ordinary Level Notes|

Workers in a small business startup. Image credit businessinsider.com Workers in a small business startup. Image credit businessinsider.com

ZIMSEC O Level Business Studies Notes: Introduction to organisational structures

  • All businesses, no matter how small or big, are organisations
  • An organisation is a group of people brought together to fulfil a particular […]
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