ZIMSEC · Form 3 · Syllabus 4048
Business Enterprise Skills
7 topics7 with notes
0%
Study this subject topic by topic
Progress is saved on this device. Join free to keep it everywhere.
- The business plan A business plan is a written document describing a business, its goals and how it will achieve them.
- Marketing Marketing is identifying and satisfying customer needs profitably.
- Financial management and record keeping To know whether the business is making a profit, control cash, plan, pay tax, and borrow money.
- Production and operations Inputs (raw materials, labour, equipment, money) → processes (making, assembling, servicing) → outputs (goods and services).
- Legal environment and business registration Sole trader, partnership, private limited company, cooperative. Each has different rules for liability, ownership and registration.
- Human resources and business ethics Identify the job, advertise, shortlist, interview and select the best candidate, then give a contract and induction.
