O Level Commerce Notes Archives - Page 3 of 24 - Free ZIMSEC & Cambridge Revision Notes

Expedited Mail Service

By garikaib|2022-09-15T12:42:58+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

USPS EMS packages. Image credit usps.com ZIMSEC O Level Commerce Notes: Communication: Expedited Mail Service

Expedited Mail Service.

Used when items need to reach their destination quickly and safely.
I used to send valuable articles e.g. certificates or documents.
The sender hands the parcel over the post office counter.
The EMS […]

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Business Insurance

By garikaib|2022-09-15T12:42:48+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Business Insurance. Image credit vitasinsurance.com ZIMSEC O Level Commerce Notes: Insurance: Business Insurance

Transit insurance.

Covers goods during the transportation from the time they are loaded onto the transport vehicle until the time they are offloaded at their destination.
The policy may be specific e.g. it states the […]

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Reasons for the elimination of wholesalers

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

Large retail shop. Image credit siemens.com ZIMSEC O Level Commerce Notes: Wholesale Trade: Reasons for the elimination of wholesalers

Reasons for the elimination of the wholesaler.

Bulk buying by large scale retail organisations such as multiple shops, hypermarkets and department stores who have:
Adequate capital to buy on cash
Have […]

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Forwarding agents/Freight Forwarders

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

image credit destinyman.com ZIMSEC O Level Commerce Notes: International trade:Forwarding Agents/Freight Forwarders

Forwarding agents also known as Freight forwarders.

Collect goods from consignors’ premises.
Carry goods to their warehouses.
Warehouse/Store the goods.
Send goods to consignee.
Provide facilities for export packing.
Arrange insurance for the goods.
Fill in the necessary documents used when goods are transported by […]

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The Consumer Council of Zimbabwe (CCZ)
Gallery
The Consumer Council of Zimbabwe (CCZ)

Notes, O Level Commerce Notes, Ordinary Level Notes

The Consumer Council of Zimbabwe (CCZ)

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

ZIMSEC O Level Commerce Notes: The Consumer Council of Zimbabwe (CCZ)

Receives complaints from consumers and then investigates them.
Settles disputes via arbitration between consumers and traders.
Files lawsuits on behalf of consumers.
Educates consumers on their rights.
Provides advice to consumers, ie. advises consumers to buy wisely by comparing prices and quality of products.
Conducts spot checks to […]

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The Cold Storage Commission

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

Cold Storage Comission. Image credit nehandaradio.com ZIMSEC O Level Commerce Notes: Business Organisations: Cold Storage Commission

Cold Storage Commission

Buys cattle, sheep and goats from farmers.
Sells meat and meat products.
Operates ranches for beef cattle.
Operates slaughter houses.
Carries out research on beef production.
Sores beef and beef products in […]

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Public and Private enterprises

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

Image credit freedesignfile.com Image credit freedesignfile.com ZIMSEC O Level Commerce Notes: Public and Private enterprises

Private enterprises

Businesses owned by private individuals or a group of individuals.
Found under the private sector.
Formed in order to make profit.
Include sole traders, partnerships, private limited companies, multinational corporations and trade associations.

Public enterprises

businesses organised and controlled by […]

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Commerce: Barriers To Effective Communication
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Commerce: Barriers To Effective Communication

Notes, O Level Commerce Notes, Ordinary Level Notes

Commerce: Barriers To Effective Communication

By garikaib|2022-09-15T12:30:26+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Communication: Barriers To Effective Communication

We have already provided an introduction to communication here
We have also looked at what effective communication is here
Now we will look at barriers to effective communication
Unfortunately not all communication is effective due to communication barriers
A communication barrier is an obstacle that […]

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Channels of distribution

By garikaib|2022-09-15T12:45:15+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Some of the common channels of distribution. Image by Thom Holland. Channels of distribution

Products (goods and services) from both primary and secondary producers are made available to consumers through any of the following six channels of distribution:

Channel 1 From […]

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