January 2023

Zimbabwe Stock Exchange

By |2022-09-15T12:42:14+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Zimbabwe Stock Exchange. Image credit financialgazette.co.zw Zimbabwe Stock Exchange. Image credit financialgazette.co.zw ZIMSEC O Level Commerce Notes: Business Organisations: The Zimbabwe Stock Exchange

Functions

  • Controls and regulates admission of new members.
  • Acts as a barometer of the well-being of the Zimbabwean economy.
  • A market for buying and selling shares, stocks, bonds as well as […]
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Memorandum of Association

By |2022-09-15T12:42:05+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

A page from a Memorandum of Association. Image credit coronetpublications.com A page from a Memorandum of Association. Image credit coronetpublications.com ZIMSEC O Level Commerce Notes: Memorandum of Association

Memorandum of Association

  • Is used in the formation of private and public limited companies.
  • Is prepared by the company founders/their representatives.
  • Is sent to the Registrar […]
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Introduction to Enterprises And Entrepreneurs

By |2022-09-15T12:30:29+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Introduction to Enterprises And Entrepreneurs

  • You will remember that there are four factors of production namely:
    • Land
    • Labour
    • Capital
    • Enterprise/Entrepreneurship
  • While the first three are often made up of tangible resources such as a piece of land, the company’s labour force or a tractor for example
  • The fourth resource (another name for a factor […]
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Telebanking

By |2022-09-15T12:43:38+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Telebanking. Image credit coastal24.com Telebanking. Image credit coastal24.com ZIMSEC O Level Commerce Notes: Money and Banking: Telebanking

Telebanking

  • This is a service offered by banks that allow customers to make enquiries or give instructions concerning their accounts over the phone.
  • Instructions are usually given by customers who operate call accounts.
  • When customers open call […]
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Department Store

By |2022-09-15T12:43:29+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Greatermans. Image credit finacialgazette.co.zw Greatermans. Image credit finacialgazette.co.zw ZIMSEC O Level Commerce Notes: Retail Trade: Department store

Department store

  • a multistory building with several shops under one roof
  • located in the city centre where land is more expensive
  • sells a wide range of goods in different  departments
  • each department sells one line of goods
  • the buyer […]
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Manufacturer’s warehouse depot

By |2022-09-15T12:43:23+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Warehousing|

Tools in a warehouse. Image credit tools-warehouse.co.uk Tools in a warehouse. Image credit tools-warehouse.co.uk ZIMSEC O Level Commerce Notes: Warehousing: Manufacturer’s warehouse depot

Manufacturers’s warehouse depot

  • They are used to store equipment and spares.
  • They are used to store finished manufactured goods.
  • They are used to store raw materials to be used in the […]
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Advertising Media:Magazines

By |2022-09-15T12:43:16+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Magazine stand. Image credit blogspot.com Magazine stand. Image credit blogspot.com ZIMSEC O Level Commerce Notes: Advertising: Advertising Media:Magazines

Magazines

  • Advertisements in magazines may be:
  • In colour for greater impact.
  • Detailed.
  • Repeated if necessary.
  • Of high quality production.
  • Passed on to other readers
  • Made to cater for selected audiences.
  • The cost per each exposure is very low.
  • They provide a wide […]
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Functions of an airport authority (CAAZ)

By |2022-09-15T12:43:09+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

Harare International Airport at night. Image credit halbeegnews.net Harare International Airport at night. Image credit halbeegnews.net ZIMSEC O Level Commerce Notes: Transport: Functions of an airport authority (CAAZ)

Functions of an airport authority.

  • As already said above the Civil Aviation Authority […]
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