O Level Commerce Notes Archives - Page 16 of 24 - Free ZIMSEC & Cambridge Revision Notes

Multiple shop

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

Bata shop. Image credit Batashop.com.sg ZIMSEC O Level Commerce Notes: Retail Trade: Multiple shop

Multiple shop

located in busy shopping centres
a shop with several branches e.g Edgars
all branches have similar shop fronts and use same name for easy recognition
all branches have similar layouts
sells narrow range of products […]

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Wholesale warehouse

By garikaib|2022-09-15T12:43:22+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Warehousing|

Wholesale warehouse. Image credit flexport.com ZIMSEC O Level Commerce Notes: Warehousing: Wholesale warehouse

Wholesale warehouse

Are used to store a variety of goods from different manufacturers.
Goods are stored in bulk.
Enables goods to be graded and packed.
Can be used to allow goods e.g. wine and other similar beverages […]

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Advertising media: Trade Journals

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

PC Gamer magazine. Image credit videogamerater.com ZIMSEC O Level Commerce Notes: Advertising: Advertising Media: Trade Journals

Trade Journals

Are used to advertise specialised products for example computers, farming equipment etc.
Advertisements are usually in great detail and
may included technical details about the product.
My have colourful pictures for […]

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Modes of Transport: Pipeline

By garikaib|2022-09-15T12:43:08+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

An oil pipeline. Image credit MediaWiki ZIMSEC O Level Commerce Notes: Transport: Modes of Transport: Pipeline

Pipe line transport

Advantages

Is a direct mode of transport:
Provides a direct delivery i.e. they can reach the consumer directly.
Is ideal for transporting liquids and gasses e.g. LP gas and Petrol.
It […]

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Free posts and Franking machines

By garikaib|2022-09-15T12:42:59+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

A franking machine. Image credit ashcroftmailingsolutions.co.uk ZIMSEC O Level Commerce Notes: Communication: Free posts and Franking machines

Free post

This service is a variation of the business reply service.
The user needs to seek for approval from the post office.
If he is granted access the user […]

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Insurance Assesors

By garikaib|2022-09-15T12:42:49+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit pixbay.com Image credit pixbay.com ZIMSEC O Level Commerce Notes: Insurance: Insurance Assesors

Assessors

Work for the insurance companies.
When a risk has occurred they:
Assess details on the claim form.
Examine the damaged item.
Ascertain the exact cause of the loss.
Calculate the cost of the damage.
Determine what has been damaged.
Calculate and recommend the amount […]

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Specialists wholesalers and Cooperative wholesale societies

By garikaib|2022-09-15T12:42:40+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Vegetable and Fruit wholesale shop. Image credit udon-news.com ZIMSEC O Level Commerce Notes: Wholesale Trade: Specialists wholesalers and Cooperative wholesale societies

Specialist wholesalers.

These wholesalers:
Specialise or are experts on one line of products e.g. sale of fruits like FAVCO.
Offer expert advice to customers on […]

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Del Credere agents

By garikaib|2022-09-15T12:42:33+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

image credit uthmag.com ZIMSEC O Level Commerce Notes: International trade: Del Credere Agents

Del credere agents.

Del credere is Italian for “to trust”
Possess the goods they sell.
Have insurable interest on the goods in their possession
Sell goods on behalf of their principals.
Sell goods in their own names.
Deliver goods to […]

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How the government protects consumers

By garikaib|2022-09-15T12:42:25+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit madamenoire.com ZIMSEC O Level Commerce Notes: How the government protects consumers

The Government

The government via Parliament passes various ACTS to protect consumers including:
The Hire Purchase Act which guards against unfair and unlawful repossession of goods bought on credit.
Consumer Safety Act which ensures that products are safe […]

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