O Level Commerce Notes Archives - Page 18 of 24 - Free ZIMSEC & Cambridge Revision Notes

Marketing Boards

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

Tobacco field. Image credit MediaWiki ZIMSEC O Level Commerce Notes: Wholesale Trade: Marketing Boards

Reasons for setting up Marketing Boards.

These are set up by the government for the following reasons:
To store agricultural produce.
To reduce monopolies in the selling a certain strategic goods.
To control the selling and buying […]

Comments Off

Export and Import merchants

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

Image credit importingmadeasy.com ZIMSEC O Level Commerce Notes: International trade:Export and Import merchants

Export merchants

Perform the functions of traders (i.e. wholesalers or retailers).
Buy goods from local manufacturers.
Sell these goods abroad.
Buy and sell goods in their own names.
Sell goods at a profit.
Pay cash immediately for goods bought.
Reduce manufactures’ problems by exporting […]

Comments Off

Commerce Introduction to Businesses

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

Image credit orangeblob.com ZIMSEC O Level Commerce: Commerce Introduction to Businesses

Business refers to:
Activities carried out in order to make profit for example:
manufacturing goods for sale.
Providing services e.g. Hotels.
Extracting minerals such as gold.
Farming produce for sale.
Business entities/organisations can be divided into two groups i.e. private and public sector […]

Comments Off

Differences between shares and debentures

By garikaib|2022-09-15T12:42:11+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Principles of Accounts Notes|

Debenture certificate. Image credit catawiki.com ZIMSEC O Level Commerce Notes: Differences between shares and debentures

To access more topics go to the Commerce Notes page.

Comments Off

Terms used in business organisations

By garikaib|2022-09-15T12:42:03+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit tooopen.com ZIMSEC O Level Commerce Notes: Terms used in business organisations

“Private”

Membership to a private limited company is by invitation.
Shares of a private limited company are onlys sold to invited members for example friends and relatives.
Shares cannot be sold or bought on the Zimbabwe Stock Exchange […]

Comments Off

Commerce: Management Functions Introduction
Gallery
Commerce: Management Functions Introduction

Notes, O Level Commerce Notes, Ordinary Level Notes

Commerce: Management Functions Introduction

By garikaib|2022-09-15T12:30:23+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Management Functions: Introduction

No doubt you have heard of people who work as managers within a business
These people carry out management duties in the organisations in which they are employed
It is important to note that depending on an organisation a manager can be known by several titles
Popular titles for […]

Comments Off

Commerce:Invoices
Gallery
Commerce:Invoices

Notes, O Level Commerce Notes, Ordinary Level Notes, Principles of Accounts Notes

Commerce:Invoices

By garikaib|2022-09-15T12:43:58+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Principles of Accounts Notes|

ZIMSEC Commerce Notes: Invoices

There are two main types of invoices:
A proforma invoice and,
ordinary invoices.

Proforma invoice

Is a document in the form of an invoice.
Is send by a supplier to a potential buyer.
It may be used as a quotation.
It shows terms of payment.
It show quantities of goods/services.
Is used when goods are send […]

Comments Off

Advantages and disadvantages of Hire Purchase to the seller

By garikaib|2022-09-15T12:43:47+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Furniture shop. Image credit roomandboard.com ZIMSEC O Level Commerce Notes: Hire Purchase

Details shown on Hire Purchase goods

A description of the goods.
The cash price of the goods.
The total Hire Purchase Price i.e. the cash price + the relevant finance charges
The required deposit amount.
The amount and number […]

Comments Off