O Level Commerce Notes Archives - Free ZIMSEC & Cambridge Revision Notes

Hire Purchase

By garikaib|2025-02-12T09:28:33+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

TV Sales and Hire offers Hire Purchases. ZIMSEC O Level Commerce Notes: Hire Purchase

Is a method of buying consumer durables such as Television sets on credit.

Characteristics

A written agreement between the buyer and seller is required.
A deposit is paid followed by installments (usually on a […]

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ATM:Automated Teller Machines

By garikaib|2025-02-12T09:07:14+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

An ATM. Image credit Securityaffairs.co ZIMSEC O Level Commerce Notes: Money and Banking: ATM:Automated Teller Machines

ATMs

Are fitted on the outside walls of banks are shopping malls.
They are used to withdraw cash.
They operate 24 hours a day.
It is a self-service facility.
The customer follows on screen instructions.
Upon […]

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Retail cooperative society

By garikaib|2025-02-12T09:25:24+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Farm and City is an example of a retail cooperative society. Image credit herald.co.zw ZIMSEC O Level Commerce Notes: Retail Trade: Retail Cooperative Society.

Retail cooperative society

a large scale retail outlet found in the private sector
formed by […]

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Large scale retailer’s warehouse

By garikaib|2025-02-12T09:42:29+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Warehousing|

Large scale retailer's warehouse. Image credit www.restaurantdepot.com Large scale retailer’s warehouse. Image credit www.restaurantdepot.com ZIMSEC O Level Commerce Notes: Warehousing: Large scale retailer’s warehouse

Large scale retailer’s warehouses

These are warehouses used by large-scale retailers such as supermarkets and department stores.
They are used to store goods for distribution to various branches.
They are […]

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Advertising media: Posters
Gallery
Advertising media: Posters

Notes, O Level Commerce Notes, Ordinary Level Notes

Advertising media: Posters

By garikaib|2025-02-12T09:06:34+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Advertising: Advertising media: Posters

Posters

They give a vivid impression for the show, match or event.
Can be used to target potential consumers e.g. a music show in a certain suburb might be advertised by placing posters on walls and installations around that suburb.
May be used for captive audiences for example in halls, buses […]

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Modes of transport: Sea

By garikaib|2025-02-12T09:22:23+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

The Oriana a cruise ship from Germany. Image credit totifun.com ZIMSEC O Level Commerce Notes: Transport: Modes of transport: Sea

Sea Transport.

Advantages

Is cheap.
Suitable for:
bulky cargo e.g. crude oil.
Heavy goods e.g. mineral ores.
Mixed cargo i.e. different goods.
Different types and sizes of ships […]

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Expedited Mail Service

By garikaib|2025-02-12T09:40:12+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

USPS EMS packages. Image credit usps.com ZIMSEC O Level Commerce Notes: Communication: Expedited Mail Service

Expedited Mail Service.

Used when items need to reach their destination quickly and safely.
I used to send valuable articles e.g. certificates or documents.
The sender hands the parcel over the post office counter.
The EMS […]

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Business Insurance

By garikaib|2025-02-12T09:06:22+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Business Insurance. Image credit vitasinsurance.com ZIMSEC O Level Commerce Notes: Insurance: Business Insurance

Transit insurance.

Covers goods during the transportation from the time they are loaded onto the transport vehicle until the time they are offloaded at their destination.
The policy may be specific e.g. it states the […]

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Reasons for the elimination of wholesalers

By garikaib|2025-02-12T09:17:20+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Large retail shop. Image credit siemens.com ZIMSEC O Level Commerce Notes: Wholesale Trade: Reasons for the elimination of wholesalers

Reasons for the elimination of the wholesaler.

Bulk buying by large scale retail organisations such as multiple shops, hypermarkets and department stores who have:
Adequate capital to buy on cash
Have […]

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