ZIMSEC Advanced Level Business Studies Notes

Form 5

  1. Types of Economic Systems: Introduction
    1. Command Economy/ Command Economic System/Planned Economic System:
      1. Advantages and disadvantages of a planned economy
    2. Free Market Economic System:
      1. Advantages and disadvantages of a free market economy
    3. Advantages and disadvantages of a free market economy
    4. Mixed Economy
  2. Economic Philosophies: Introduction
    1. Capitalism
    2. Socialism
    3. Communism
    4. Indigenisation
  3. Enterprising: Introduction:
    1. Characteristics of a successful entrepreneur
    2. Reasons why businesses/startups might fail
  4. The Internal and External Environment:
    1. The External business Environment (PESTEL)
    2. SWOT Analysis
  5. Multi-National Companies
  6. Economic Integration
  7. Business Stakeholders
  8. Resources
  9. Forms of Business Enterprises
  10. Privatisation
  11. Business Startups

Form 6

  1. Enterprise constraints and ethical issues
  2. Acquiring and sustainable use of resources

Form 5

  1. Forms of business enterprise
  2. Main features of business enterprises
  3. Privatisation
  4. Assistance to new enterprise start-ups

Form 6

  1. Measurement of business size
  2. Small to Medium Sized Enterprises (SMEs)
  3. Survival and growth strategies of a business enterprise
  4. Strategies of breaking into foreign markets

Form 5

  1. Business enterprise objectives
  2. Business plan
  3. Designing and implementation of business plans
  4. Enterprise project

Form 6

  1. Managing growing business enterprise
  2. Laws and regulations governing business enterprises
  3. Start-up and operations
  4. Enterprise project

Form 5

  1. Enterprise finance
  2. Sources of finance for an enterprise
  3. Accounting concepts
  4. Users of accounting information
  5. Financial statements
  6. Depreciation
  7. Stock valuation

Form 6

  1. Ratio analysis
  2. Investment appraisal techniques
  3. Decision Trees
  4. Cost-Beneft Analysis (CBA)
  5. Budgeting

Form 5

  1. Management
  2. Motivation
  3. Leadership
  4. Organizational structure
  5. Communication in business enterprise

Form 6

  1. Human Resource management(HRM)

Form 5

  1. Purpose of marketing for an enterprise
  2. Enterprise and markets
  3. Demand concepts
  4. Market research
  5. Market segmentation
  6. Marketing strategies

Form 6

  1. Marketing mix
  2. Product portfolio planning
  3. E-business and the enterprise

Form 5

  1. Nature of Production
  2. Costing
  3. Production and productivity
  4. Production methods
  5. Capital vs Labour intensity
  6. Scale of operation

Form 6

  1. Inventory management
  2. Quality control and quality assurance
  3. Critical Path Analysis
  4. Work Study