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10. Cooperatives
11. Multinational Companies/Trans-National Companies ZIMSEC O Level Business Studies/Business Enterprise and Skills Notes
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(a) The nature and purpose of economic activity
1 Specialisation,Division of Labour and Trade
(b) The economic system
1. The Economic Problem 2 Free Market Economy 3 Command Economy/Planned Economy 4 Mixed Economy
(c) Types of business activity
1. The Objectives of Business 2. Stakeholders of the Business 3. Levels of Business Activity/ The Three Sectors of the Economy 4. Types of Goods
(d) Forms of business organisations
1. Sole Trader Business 2. Partnership Business 3. Franchise Business 4. Introduction to Limited Liability Companies 5. Introduction to Shares 6. Introduction to Debentures 7. Documents used in the formation of Limited Liability Companies
8. Private Limited Company
a) The Advantages and Disadvantages of a Private Limited Company
9. Public Limited Companies
a) Advantages and Disadvantages of a Public Limited Company ![]()
12. Public Corporations/ Parastatals
a) Deregulation b) Commercialization c) Nationalization d) Privatization
12 Divorce of ownership and control (a) Sources of finance for Private and Public sector organisations.
13 Going Public and Going Private (e) Size and growth of business 1. Ways to measure the size of a business. 2. Economies of scale 3. Dis-economies of scale
(b) Accounting in business
(c) Budgets and Budgetary control
(d) Break even analysis
Judith Mushipe Advanced Level Business Studies
Bruce Jewel Integrated Business Studies
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