ZIMSEC · A Level · Syllabus 6025
Business Studies
8 topics8 with notes
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Form 5 · Lower 6 5 topics
- Business, objectives and stakeholders To combine factors of production to create goods and services that satisfy needs and wants, adding value along the way.
- Business structure and growth Number of employees, revenue, market share, capital employed or market capitalisation.
- Marketing Market size, growth, share, segmentation (demographic, geographic, psychographic, behavioural) and positioning (perceptual maps).
- Operations management Job, batch, flow (mass) and cell production. Labour-intensive versus capital-intensive production.
- Human resource management Recruitment (internal and external), selection (interviews, tests), induction and training (on-the-job and off-the-job), appraisal, and dismissal or redundancy following the Labour Act.
Form 6 · Upper 6 3 topicsExam year
- Business finance Choice depends on cost, amount, time period, control and risk.
- Strategic management Strategy is the long-term plan to achieve the business's objectives.
- Business in the global economy and ethics Inflation, interest rates, exchange rates, unemployment and economic growth affect costs, demand and planning. Zimbabwean firms deal with currency changes (US dollar and ZiG) and must manage exchange-rate risk.