ZIMSEC Business Enterprise Skills

//ZIMSEC Business Enterprise Skills

June 2019

Economic Philosophies: Communism

By |2019-06-26T12:54:02+02:00June 26th, 2019|Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

  • Communism is the other of two left-leaning economic and political ideologies
  • Like it’s fraternal twin, socialism, it attempts to provide an alternative to feudalism which it replaced in countries like Russia and Capitalism which is widespread in the so-called Western countries
  • Again at its core is the belief that all members of society ought to be […]
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Socialism: Drawbacks And Benefits

By |2019-06-25T07:07:40+02:00June 25th, 2019|Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Economic Philosophies: Socialism Demerits and Merits

  • During our discussion of Socialism
  • We examined its features and aims
  • These features give socialism its advantages and disadvantages

Advantages of socialism

  • It strives to create an equal […]
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Economic Philosophies: Socialism

By |2019-06-25T07:09:45+02:00June 25th, 2019|Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Economic Philosophies: Socialism

  • Socialism is one of the two left-leaning economic philosophies
  • It is at the core of most countries that are led by left-wing politicians
  • Indeed some of its principles have been adopted even by capitalist societies
  • At its heart is the […]
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Drawbacks And Benefits Of Capitalism

By |2019-06-20T06:29:13+02:00June 20th, 2019|Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Economic Philosophies: Capitalism: Demerits and Merits

  • In our discussion of capitalism as an economic ideology
  • We explored some of its features
  • These collective features give capitalism it’s merits and demerits

Advantages of Capitalism

  • The profit […]
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Economic Philosophies: Capitalism

By |2019-06-25T06:02:38+02:00June 20th, 2019|Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Economic Philosophies: Capitalism

  • Capitalism is one of the most popular economic ideologies in the world
  • It is at the core of most of the so-called western economies
  • As already said capitalism is just one of many economic philosophies
  • At the heart of capitalism is the […]
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Economic Philosophies: Introduction

By |2019-06-20T06:27:27+02:00June 18th, 2019|Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Economic Philosophies: An Introduction

  • Economic philosophies are also known as economic ideologies
  • It refers to a set of economic ideals that a given person, society, country, people ascribe to
  • It refers to what this group of people/person believe the economy ought to […]
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AS A Level Business: Intellectual Capital

By |2019-06-18T05:13:22+02:00June 18th, 2019|Cambridge AS A Level Business Studies, Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Intellectual Property

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AS A Level Business: Mixed Economy

By |2019-06-14T11:39:38+02:00June 14th, 2019|Cambridge AS A Level Business Studies, Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Mixed Economy

  • Society faces an economic problem
  • It has to answer three basic questions:
    • What to produce
    • How to produce and
    • For whom to produce?
  • It falls upon the government of that given society to come with a solution to this problem
  • This […]
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AS A Level Business: Benefits And Drawbacks Of A Planned Economy

By |2019-06-14T11:31:33+02:00June 14th, 2019|Cambridge AS A Level Business Studies, Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Planned/Command Economy

  • We looked at the features of planned economies here
  • We will now examine the advantages and disadvantages of such an economic system
  • It is important to note that for the most part:
  • The advantages of command economies are usually the […]
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AS A Level Business: Planned Economy

By |2019-06-13T06:12:42+02:00June 13th, 2019|Cambridge AS A Level Business Studies, Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Planned/Command Economy: Features 

  • A planned economy is also known as a command economy
  • To recap society faces an economic problem of how to allocate its scarce resources
  • It has to answer three basic questions:
    • What to produce
    • How to produce and
    • For […]
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