ZIMSEC · O Level · Syllabus 4048
Business Enterprise Skills
8 topics8 with notes
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Form 1 2 topics
- Entrepreneurship and the entrepreneur Entrepreneurship is identifying an opportunity and organising resources to start and run a business, taking risks to make a profit.
- Business ideas and opportunities Personal skills and hobbies, problems in the community, gaps in the market, changing lifestyles and technology, local resources, and trends seen elsewhere.
Form 2 3 topics
- 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.
Form 3 3 topics
- 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.