February 2025

Telebanking

By |2025-02-12T09:05:03+02:00February 12th, 2025|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 […]
Read More
Comments Off on Telebanking

Department Store

By |2025-02-12T09:22:46+02:00February 12th, 2025|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 […]
Read More
Comments Off on Department Store

Manufacturer’s warehouse depot

By |2025-02-12T09:40:11+02:00February 12th, 2025|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 […]
Read More
Comments Off on Manufacturer’s warehouse depot

Advertising Media:Magazines

By |2025-02-12T09:05:20+02:00February 12th, 2025|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 […]
Read More
Comments Off on Advertising Media:Magazines

Functions of an airport authority (CAAZ)

By |2025-02-12T09:20:43+02:00February 12th, 2025|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 […]
Read More
Comments Off on Functions of an airport authority (CAAZ)

Functions of a Seaport authority

By |2025-02-12T09:38:12+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

A ship docked at Rhizhao seaport. Image credit MediaWiki A ship docked at Rhizhao seaport. Image credit MediaWiki ZIMSEC O Level Commerce Notes: Transport: Functions of a Seaport authority

Functions of a Sea-Port Authority

  • Ensure that seaports are accessible from the inland by both road and rail.
  • Ensures efficient handling of both imports […]
Read More
Comments Off on Functions of a Seaport authority

Documents used in Insurance

By |2025-02-12T09:04:13+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit alleencareer.com Image credit allincareer.com ZIMSEC O Level Commerce Notes: Insurance: Documents used in Insurance

Documents used in insurance

  • The following documents are used in insurance:

Prospectus.

  • Shows the types of risks that can be covered.
  • Shows the name of the insurance company.
  • Contains premium to be paid.
  • States compensation to be paid.

Proposal form

  • An application for […]
Read More
Comments Off on Documents used in Insurance

Traditional/General Wholesalers

By |2025-02-12T09:15:34+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Wholesale shop. Image credit fool.com Wholesale shop. Image credit fool.com ZIMSEC O Level Commerce Notes: Wholesale Trade: Traditional/General Wholesalers

Traditional or General wholesalers.

  • These wholesalers:
  • Provide a wide range of merchandise or goods.
  • Store goods.
  • Pay cash to manufacturers (finance the manufacturers)
  • Sell on credit to retailers.
  • Provide transport to retailers.
  • Employ sales representatives.
  • Provide information and advice to […]
Read More
Comments Off on Traditional/General Wholesalers

Factor agents in international trade

By |2025-02-12T09:32:27+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit wordpress.com Image credit wordpress.com ZIMSEC O Level Commerce Notes: International trade: Factors

  • is a mercantile fiduciary who receives and sells goods on commission.
  • The commission is called a factorage.
  • Possess the goods they sell.
  • Sell goods in their own names.
  • Do not disclose their principal.
  • Collect goods for sale.
  • Deliver goods to their customers.
  • Have insurable […]
Read More
Comments Off on Factor agents in international trade

Importance of Consumer protection

By |2025-02-12T08:56:29+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Consumer protection. Image credit ebony.com Consumer protection. Image credit ebony.com ZIMSEC O Level Commerce Notes: Importance of Consumer protection

Importance of consumer protection.

  • Consumers need to be protected from and against:
  • Misleading advertisements which make false claims for example, “This herb can cure all forms of ailments including AIDS and Cancer.”
  • Indecent or immoral […]
Read More
Comments Off on Importance of Consumer protection
Toggle Sliding Bar Area
Go to Top