February 2025

Indent document

By |2025-02-12T09:37:01+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit gotomyies.com Image credit gotomyies.com ZIMSEC O Level Commerce Notes: Indent document

Indent

  • An order to buy goods abroad.
  • Sent by an importer (principal) to an agent overseas.
  • Gives details of:
  • types, quantities and prices of goods required.
  • How the goods are to be forwarded.
  • Marking or numbers on crates […]
Read More
Comments Off on Indent document

Commerce: Partnership Features

By |2025-02-12T09:01:30+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit adbrain.com Image credit adbrain.com ZIMSEC O Level Commerce Notes: Partnership Features

  • Is formed by written or verbal agreement between partners.
  • They are formed by 2-10 partners.
  • Professionals such as lawyers, doctors and accountants can form partnerships of 2 to unlimited members as they are not allowed to form limited liability companies.
  • Has fewer […]
Read More
Comments Off on Commerce: Partnership Features

Commerce: Shares

By |2025-02-12T09:12:58+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Share certificate. Image credit genafashion.com Share certificate. Image credit genafashion.com ZIMSEC O Level Commerce Notes: Shares

Shares

  • A share is a unit of capital.
  • Business capital is divided into several units.
  • Owners of shares are called shareholders.

Types (Classes) of shares

Ordinary shares

  • Are also known as equities.
  • Receive dividends at variable rates which depend on profits made.
  • Receive […]
Read More
Comments Off on Commerce: Shares

Consumers

By |2025-02-12T09:27:52+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

image credit sheknows.com image credit sheknows.com ZIMSEC O Level Commerce Notes: Consumers

  • Consumers themselves can protect themselves and their interests by practising the following:
  • Prepare a shopping list and budget what to buy so as to avoid impulse buying.
  • Do window-shopping in order to compare prices and quality of goods from different shops […]
Read More
Comments Off on Consumers

Commerce: Management Functions: Planning

By |2025-02-12T09:23:44+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Management Functions: Planning

  • In the introduction we looked at management is
  • To reiterate management can be defined as doing work through others
  • It can also be defined in terms of the functions/duties of a manager
  • Management as an organisational/business activity that involves the planning, organizing, leading/commanding, controlling and coordinating of the […]
Read More
Comments Off on Commerce: Management Functions: Planning

Financial Insitutions

By |2025-02-12T09:33:25+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

BancABC bank. Image credit thestandard.co.zw BancABC bank. Image credit thestandard.co.zw ZIMSEC O Level Commerce : Financial Institutions Click on any institution to read more about it. Click on an institution to read more about it.

Financial institutions

  • These are entities that provide financial services to people and other businesses.

Types of Financial […]

Read More
Comments Off on Financial Insitutions

Trade and Cash discounts

By |2025-02-12T09:29:01+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit seawaytrail.com Image credit seawaytrail.com ZIMSEC O Level Commerce Notes: Retail Trade: Trade and Cash discounts

Trade discount

  • a gross deduction from the gross invoice or catalog price
  • given by one trader to another
  • varies with the quantity and type of goods purchased and is deducted at the point of sale
  • usually the rate […]
Read More
Comments Off on Trade and Cash discounts

Introduction, Purpose and importance of Advertising

By |2025-02-12T08:56:16+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Econet Advert. Image credit techzim.co.zw Econet Advert. Image credit techzim.co.zw ZIMSEC O Level Commerce Notes: Advertising: Introduction, Purpose and importance of Advertising

Advertising

  • It is the act or practice of calling public attention to one’s product, service, need, etc.,

Purpose/Importance of advertising to consumers

  • It informs consumers about the following:
  • The prices of various goods […]
Read More
Comments Off on Introduction, Purpose and importance of Advertising
Toggle Sliding Bar Area
Go to Top