O Level Commerce Notes Archives - Page 5 of 24 - Free ZIMSEC & Cambridge Revision Notes

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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Advantages and disadvantages of Hire Purchase to the buyer

By garikaib|2022-09-15T12:43:48+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

A furniture store. Image credit householddesigns.rock ZIMSEC O Level Commerce Notes: Hire Purchase

Advantages to buyer

There is no need for the buyer to raise the full purchase amount at once.
The buyer can use the goods while paying for them.
The profits generated from using the good(s) […]

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The Reserve Bank of Zimbabwe

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

The Reserve Bank of Zimbabwe dominating the Harare skyline. Image credit Nehandaradio.com ZIMSEC O Level Commerce Notes: Money and Banking: The Reserve Bank of Zimbabwe

Reserve Bank of Zimbabwe

It is the banker’s bank and owned by the Government […]

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Mail order firm

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

Harare Main Post Office. Image credit thezimbabwean.co ZIMSEC O Level Commerce Notes: Retail Trade: Mail Order firm

Mail order firm

a large scale retail outlet found in the private sector
located in the industrial area or outskirts of a town
operates from a warehouse
does not need expensive […]

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Public sector warehouses

By garikaib|2022-09-15T12:43:21+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Drugs in a public warehouse. Image newvision.co.ug ZIMSEC O Level Commerce Notes: Warehousing: Public sector warehouses

Public sector warehouses

These are run by parastatals and local government authorities:
They are used to store:
building materials
machines
fuel
water
stationary
medical drugs
or any other stock that may be of national strategic interest.
They are […]

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Advertising media: Flyers/Leaflets and Direct Mail

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

Man handing out a flyer to a motorist at an intersection in Harare. Image credit Mrflyer.co.zw ZIMSEC O Level Commerce notes: Advertising: Advertising media: Fliers/Leaflets