January 2023

Primary producer warehouses

By |2022-09-15T12:43:23+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Warehousing|

GMB Silo. Image by TheZimbabwean.co GMB Silo. Image by TheZimbabwean.co ZIMSEC O Level Commerce Notes: Warehousing: Primary producer warehouses

Primary producer warehouses

  • There are two main types of primary producers warehouses in Zimbabwe:
  • Grain silos used to store grain by the Grain Marketing Board.
  • Tobacco Auction Floors.

Grain Silo

  • Run and managed by the Grain Marketing […]
Read More
Comments Off on Primary producer warehouses

Television Media

By |2022-09-15T12:43:17+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

TV is an example of advertising media. Image credit zopper.com TV is an example of advertising media. Image credit zopper.com ZIMSEC O Level Commerce notes: Advertising: Television

  • Produces both sound and vision
  • Provides wide (usually national) coverage
  • Advertising on colour Television is atractive and has greater impact on the audience.
  • Advertisements can be repeated.
  • Detailed information […]
Read More
Comments Off on Television Media

Modes of transport: Air transport

By |2022-09-15T12:43:10+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

A DHL cargo plane. Image credit airnewstimes.co.uk A DHL cargo plane. Image credit airnewstimes.co.uk ZIMSEC O Level Commerce Notes: Transport: Air transport

Air transport.

Advantages

  • Is fast over long distances.
  • It is a relatively safe mode of transporting goods i.e.:
  • There are less riks of theft of and damage of goods during transportation.
  • The insurance costs […]
Read More
Comments Off on Modes of transport: Air transport

Registered Mail and Recorded Deliveries

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

Registered mail. Image credit grosvenorauctions.com Registered mail. Image credit grosvenorauctions.com ZIMSEC O Level Commerce Notes: Communication: Registered Mail and Recorded Deliveries

Registered mail.

  • Used to send cash and valuables like certificates.
  • Special envelopes are used.
  • Articles must be handed over the counter.
  • A receipt is obtained as proof of postage.
  • They can be traced if lost.
  • Can […]
Read More
Comments Off on Registered Mail and Recorded Deliveries

Proximate cause and the Average clause: Under and over insuring

By |2022-09-15T12:42:51+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit yourinsurancequestion.com Image credit yourinsurancequestion.com ZIMSEC O Level Commerce Notes: Insurance: Proximate cause and the Average clause: Under and over insuring

  • This prevents the insured from making a profit by:

1) Under-insuring a risk or paying less premiums.

  • When a loss is incurred under such circumstances the insurer will not indemnify the […]
Read More
Comments Off on Proximate cause and the Average clause: Under and over insuring

Functions of wholesalers: To producers and manufactures

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

Wholesale shop. Image credit stocktraque.com Wholesale shop. Image credit stocktraque.com ZIMSEC O Level Commerce Notes: Wholesale Trade: Functions of wholesalers: To producers and manufactures

To the producers/manufacturers

  • The wholesaler:
  • Collects orders from numerous retailers.
  • Provides manufacturers with market information on consumer want and competitor activities.
  • Stores finished products.
  • Clears manufacturer’s production lines thus allowing manufacturers and […]
Read More
Comments Off on Functions of wholesalers: To producers and manufactures

Excise Duty and the calculation of duty

By |2022-09-15T12:42:35+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit sofiaecho.com Image credit sofiaecho.com ZIMSEC O Level Commerce Notes: Excise Duty

Why excise duty is paid?

  • Excise duty is taxed on certain specified home produced goods for example tobacco meant for consumption in the home market in order to:
  • Raise revenue for the government.
  • Discourage consumption of dangerous products.
  • Reduce domestic demand.
  • Release more […]
Read More
Comments Off on Excise Duty and the calculation of duty

Functions of of Zim-Trade ( Government promotion of foreign trade)

By |2022-09-15T12:42:27+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Zim-Trade expo. Image credit europa.eu Zim-Trade expo. Image credit europa.eu ZIMSEC O Level Commerce Notes: Functions of of Zim-Trade ( Government promotion of foreign trade)

Function of Zim-Trade ( Government promotion of foreign trade)

  • Carries out market research in other countries to ascertain whether or not to export to those countries.
  • Examines and […]
Read More
Comments Off on Functions of of Zim-Trade ( Government promotion of foreign trade)

Advantages and Disadvantages of Multinational Companies

By |2022-09-15T12:42:14+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Delta is a local example of an MNC. Image credit Nehandaradio.com Delta is a local example of an MNC. Image credit Nehandaradio.com ZIMSEC O Level Commerce Notes: Business Organisations: Advantages and Disadvantages Multinational Companies

Advantages

  • Pays taxes to increase revenue for the host government.
  • Creates employment to local people.
  • Brings the latest technology to the […]
Read More
Comments Off on Advantages and Disadvantages of Multinational Companies

Prospectus

By |2022-09-15T12:42:06+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Prospectus. Image credit docstoc.com Prospectus. Image credit docstoc.com ZIMSEC O Level Commerce Notes: Prospectus(privatised)

 

Prospectus

  • Is prepared by founders of the company or an issuing house after the registration of a public limited company.
  • Is sent for approval to the registrar of companies before members of the public are invited to subscribe for […]
Read More
Comments Off on Prospectus
Toggle Sliding Bar Area
Go to Top