O Level Commerce Notes Archives - Page 15 of 24 - Free ZIMSEC & Cambridge Revision Notes

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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Forwarding agents/Freight Forwarders

By garikaib|2025-02-12T09:34:19+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

image credit destinyman.com ZIMSEC O Level Commerce Notes: International trade:Forwarding Agents/Freight Forwarders

Forwarding agents also known as Freight forwarders.

Collect goods from consignors’ premises.
Carry goods to their warehouses.
Warehouse/Store the goods.
Send goods to consignee.
Provide facilities for export packing.
Arrange insurance for the goods.
Fill in the necessary documents used when goods are transported by […]

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The Consumer Council of Zimbabwe (CCZ)
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The Consumer Council of Zimbabwe (CCZ)

Notes, O Level Commerce Notes, Ordinary Level Notes

The Consumer Council of Zimbabwe (CCZ)

By garikaib|2025-02-12T08:58:28+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: The Consumer Council of Zimbabwe (CCZ)

Receives complaints from consumers and then investigates them.
Settles disputes via arbitration between consumers and traders.
Files lawsuits on behalf of consumers.
Educates consumers on their rights.
Provides advice to consumers, ie. advises consumers to buy wisely by comparing prices and quality of products.
Conducts spot checks to […]

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The Cold Storage Commission

By garikaib|2025-02-12T09:10:15+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Cold Storage Comission. Image credit nehandaradio.com ZIMSEC O Level Commerce Notes: Business Organisations: Cold Storage Commission

Cold Storage Commission

Buys cattle, sheep and goats from farmers.
Sells meat and meat products.
Operates ranches for beef cattle.
Operates slaughter houses.
Carries out research on beef production.
Sores beef and beef products in […]

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Public and Private enterprises

By garikaib|2025-02-12T09:24:57+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit freedesignfile.com Image credit freedesignfile.com ZIMSEC O Level Commerce Notes: Public and Private enterprises

Private enterprises

Businesses owned by private individuals or a group of individuals.
Found under the private sector.
Formed in order to make profit.
Include sole traders, partnerships, private limited companies, multinational corporations and trade associations.

Public enterprises

businesses organised and controlled by […]

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Commerce: Barriers To Effective Communication
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Commerce: Barriers To Effective Communication

Notes, O Level Commerce Notes, Ordinary Level Notes

Commerce: Barriers To Effective Communication

By garikaib|2025-02-12T09:00:51+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Communication: Barriers To Effective Communication

We have already provided an introduction to communication here
We have also looked at what effective communication is here
Now we will look at barriers to effective communication
Unfortunately not all communication is effective due to communication barriers
A communication barrier is an obstacle that […]

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Channels of distribution

By garikaib|2025-02-12T09:26:47+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Some of the common channels of distribution. Image by Thom Holland. Channels of distribution

Products (goods and services) from both primary and secondary producers are made available to consumers through any of the following six channels of distribution:

Channel 1 From […]

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Advantages and disadvantages of Hire Purchase to the buyer

By garikaib|2025-02-12T09:29:23+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

A furniture store. Image credit householddesigns.rock ZIMSEC O Level Commerce Notes: Hire Purchase

Advantages to buyer

There is no need for the buyer to raise the full purchase amount at once.
The buyer can use the goods while paying for them.
The profits generated from using the good(s) […]

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The Reserve Bank of Zimbabwe

By garikaib|2025-02-12T09:08:27+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

The Reserve Bank of Zimbabwe dominating the Harare skyline. Image credit Nehandaradio.com ZIMSEC O Level Commerce Notes: Money and Banking: The Reserve Bank of Zimbabwe