January 2023

How the government protects consumers

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

Image credit madamenoire.com

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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Dairboard Limited Zimbabwe

By |2022-09-15T12:42:12+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Dairibord Milk. Image credit herald.co.zw

Dairibord Milk. Image credit herald.co.zw

www.herald.co.zw/firms-manoeuvre-past-the-dollar/ ZIMSEC O Level Commerce Notes: Business Organisations: Dairboard Limited Zimbabwe

Dairibord Zimbabwe Limited.

  • Buys, collects and stores milk from registered farmers.
  • Pasteurises and packs milk.
  • Processes milk into milk products for example cheese.
  • Markets milk and milk products both locally and internationally.
  • Conducts research and promotes developments […]

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Certificate of incorporation,Statutory declaration and Certificate of Trading

By |2022-09-15T12:42:04+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Certificate of incorporation. Image credit elevator-escalator.com

Certificate of incorporation. Image credit elevator-escalator.com

ZIMSEC O Level Commerce Notes:Certificate of incorporation,Statutory declaration and Certificate of Trading

Certificate of incorporation

  • Is prepared by the Registrar of companies.
  • Is sent to a company which applied for registration.
  • Contains:
  • the date and place where the company was registered.
  • The […]

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Commerce: Effective Communication

By |2022-09-15T12:30:27+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes:  Communication: Effective Communication

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Hire Purchase

By |2022-09-15T12:43:49+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

TV Sales and Hire offers Hire Purchases.

TV Sales and Hire offers Hire Purchases. ZIMSEC O Level Commerce Notes: Hire Purchase
  • Is a method of buying consumer durables such as Television sets on credit.

Characteristics

  • A written agreement between the buyer and seller is required.
  • A deposit is paid followed by installments (usually on a […]

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ATM:Automated Teller Machines

By |2022-09-15T12:43:36+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

An ATM. Image credit Securityaffairs.co

An ATM. Image credit Securityaffairs.co ZIMSEC O Level Commerce Notes: Money and Banking: ATM:Automated Teller Machines

ATMs

  • Are fitted on the outside walls of banks are shopping malls.
  • They are used to withdraw cash.
  • They operate 24 hours a day.
  • It is a self-service facility.
  • The customer follows on screen instructions.
  • Upon […]

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Retail cooperative society

By |2022-09-15T12:43:28+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Farm and City is an example of a retail cooperative society. Image credit herald.co.zw

Farm and City is an example of a retail cooperative society. Image credit herald.co.zw ZIMSEC O Level Commerce Notes: Retail Trade: Retail Cooperative Society.

Retail cooperative society

  • a large scale retail outlet found in the private sector
  • formed by […]

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Large scale retailer’s warehouse

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

Large scale retailer's warehouse. Image credit www.restaurantdepot.com

Large scale retailer’s warehouse. Image credit www.restaurantdepot.com ZIMSEC O Level Commerce Notes: Warehousing: Large scale retailer’s warehouse

Large scale retailer’s warehouses

  • These are warehouses used by large-scale retailers such as supermarkets and department stores.
  • They are used to store goods for distribution to various branches.
  • They are […]

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Advertising media: Posters

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

ZIMSEC O Level Commerce Notes: Advertising: Advertising media: Posters

Posters

  • They give a vivid impression for the show, match or event.
  • Can be used to target potential consumers e.g. a music show in a certain suburb might be advertised by placing posters on walls and installations around that suburb.
  • May be used for captive audiences for example in halls, buses […]

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Modes of transport: Sea

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

The Oriana a cruise ship from Germany. Image credit totifun.com

The Oriana a cruise ship from Germany. Image credit totifun.com ZIMSEC O Level Commerce Notes: Transport: Modes of transport: Sea

Sea Transport.

Advantages

  • Is cheap.
  • Suitable for:
  • bulky cargo e.g. crude oil.
  • Heavy goods e.g. mineral ores.
  • Mixed cargo i.e. different goods.
  • Different types and sizes of ships […]

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