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

Retailers and their functions

By garikaib|2025-02-12T09:17:30+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

OK Zimbabwe operates one of the country’s most popular retail chains. Image from the Chronicle. ZIMSEC O Level Commerce Notes: Retail Trade: Retailers and their functions

Retail means to cut into small pieces or to reduce to smaller quantities.
A […]

Comments Off

Pre-packaging

By garikaib|2025-02-12T09:34:55+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit efroschheiser.blogse.nl Image credit efroschheiser.blogse.nl ZIMSEC O Level Commerce Notes: Retail Trade: Prepackaging

Packaging

refers to the practice of placing goods into containers by the manufacturers, retailers and wholesalers.

Advantages of pre-packing

goods become easier to display
some packaging protects goods against damage
prevents goods from deteriorating
reduces soiling of goods from constant consumer handling
allows branding […]

Comments Off

Advertising agencies

By garikaib|2025-02-12T09:01:28+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit su.edu. ZIMSEC O Level Commerce Notes: Advertising: Advertising agencies

Many business organisations hire outside advertising agencies.
Advertising agencies have specialised staff to help with all the neccessary advertising requirements that other businesses might have.
A lot of business organisations cannot afford to have their own full time advertising […]

Comments Off

Factors which affect the mode of transport

By garikaib|2025-02-12T09:16:31+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

A goods truck. Image credit continental-truck-tires.com ZIMSEC O Level Commerce Notes: Transport: Factors which affect the mode of transport

Factors which determine the mode of transport to carry goods

The nature of the goods:
For example perishable goods such as bread and meat needs fast transport e.g. […]

Comments Off

Surface and Airmail

By garikaib|2025-02-12T09:31:54+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

An Airmail envelope. Image credit prexie-era.org ZIMSEC O Level Commerce Notes: Communication: Surface and Airmail

Both forms of mail are often colloquially referred to as snail mail.

Surface mail

mail is sent by land to its destination.
Ordinary envelopes are used.
The postage cost is low.
The delivery time is […]

Comments Off

Importance of statistics to insurance

By garikaib|2025-02-12T08:58:26+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit dhariya.com ZIMSEC O Level Commerce Notes: Insurance: Importance of statistics to insurance

Importance of statistical records in insurance.

Actuaries make extensive use of statistics in insurance
Insurance contracts are based on the statistics.
Risk is asses to determine whether:
It can be accepted or not.
Help in determining a fair premium.
At […]

Comments Off

February 2025

Retailers and their functions

Pre-packaging

Advertising agencies

Factors which affect the mode of transport

Surface and Airmail

Importance of statistics to insurance