February 2025

Bank Cards/Cheque Cards

By |2025-02-12T09:03:53+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

bank_card-min

ZIMSEc O Level Commerce Notes: Bank/ Cheque Cards

Cheque or Bank Card.

  • A bank card is issued to account holders by a bank.
  • It has the following information on it:
  • The name and signature of the cardholder.
  • The name of the bank which issued the card and its logo.
  • The expiry date of the card.
  • The terms and […]
Read More
Comments Off on Bank Cards/Cheque Cards

Hypermarket

By |2025-02-12T09:21:20+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Retail Trade: Hypermarket

Hypermarket

  • a large shop with a minimum selling space of 4500 square metres
  • situated on the outskirts of town where:
    1. land is cheap and plentiful
    2. there are good communication links such as roads
  • provides a car park
  • sells foodstuffs and household goods
  • sells gods at low prices( Small Profit Quick Returns […]
Read More
Comments Off on Hypermarket

Warehouses and importance of warehousing

By |2025-02-12T09:39:39+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Warehousing|

Goods in a warehouse. Image credit herald.co.zw Goods in a warehouse. Image credit herald.co.zw ZIMSEC O Level Commerce Notes: Warehousing : Warehouses and importance of warehousing

Warehouses

  • a large building where raw materials or manufactured goods may be stored prior to their distribution for sale.
  • Are used to sore goods prior to sale, […]
Read More
Comments Off on Warehouses and importance of warehousing

Newspaper media

By |2025-02-12T09:04:22+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

A newspaper vendor in Harare. Image credit techzim.co.zw A newspaper vendor in Harare. Image credit techzim.co.zw ZIMSEC O Level Commerce Notes: Advertising: Newspaper media

Newspaper

  • Advertisements can be paced in daily, weekly or monthly newspapers.
  • They provide wide coverage.
  • They can be passed on to others for readership.
  • Can be timed or placed in various […]
Read More
Comments Off on Newspaper media

Modes of transport: Air Transport: Air Waybill

By |2025-02-12T09:19:58+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

An Air Waybill for use with FedEx An Air Waybill for use with FedEx. Image credit en.09635.com

Air way Bill

  • Importance:
  • Is a document used when goods are transported by air.
  • It is a contract of carriage or an agreement to carry goods.
  • A receipt for goods aboard a given aeroplane.
  • It accompanies these goods.
  • It contains the following […]
Read More
Comments Off on Modes of transport: Air Transport: Air Waybill

How to take out an insurance policy?

By |2025-02-12T09:02:39+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit anu.edu.au Image credit anu.edu.au ZIMSEC O Level Commerce Notes: Insurance: How to take out an insurance policy?

How to take out an insurance policy.

  • The prospective customer makes contact with the insurance company or obtains an insurance prospectus.
  • The risk one intends to insure is discussed with an insurance broker.
  • A quotation […]
Read More
Comments Off on How to take out an insurance policy?

Cash and carry wholesalers

By |2025-02-12T09:15:14+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Wholesale shop. Image credit link51.com Wholesale shop. Image credit link51.com ZIMSEC O Level Commerce Notes: Wholesale Trade: Cash and carry wholesalers

  • These wholesalers:
  • Sell goods on a cash and carry basis.
  • Sell both retailers and consumers i.e. they sell goods in bulk and case lots.
  • Use self-service methods of selling.
  • Display goods.
  • Have check-out points.
  • Have security measures.
  • Sell […]
Read More
Comments Off on Cash and carry wholesalers

Brokers in International trade

By |2025-02-12T09:31:16+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Zafana Trade brokers. Image credit zafanankositrading.com Zafana Trade brokers. Image credit zafanankositrading.com ZIMSEC O Level Commerce Notes: Brokers

Brokers

  • Work in foreign trade as agents.
  • Bring buyers and sellers into contact
  • Buy or sell goods on behalf of their principals ( who can be manufacturers or importers)
  • Do not possess the goods they sell but […]
Read More
Comments Off on Brokers in International trade
Toggle Sliding Bar Area
Go to Top