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

Certificate of incorporation,Statutory declaration and Certificate of Trading

By garikaib|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

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 […]

Comments Off

Commerce: Effective Communication
Gallery
Commerce: Effective Communication

Notes, O Level Commerce Notes, Ordinary Level Notes

Commerce: Effective Communication

By garikaib|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

We have already looked at the basics of the communication process here
As mentioned in that introduction communication occurs between a sender and receiver
We have also looked at the importance of communication to commerce and businesses here
For communication to be useful it has to be effective
Communication […]

Comments Off

Hire Purchase

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

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 […]

Comments Off

ATM:Automated Teller Machines

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

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 […]

Comments Off

Retail cooperative society

By garikaib|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 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 […]

Comments Off

Large scale retailer’s warehouse

By garikaib|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 […]

Comments Off

Advertising media: Posters
Gallery
Advertising media: Posters

Notes, O Level Commerce Notes, Ordinary Level Notes

Advertising media: Posters

By garikaib|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 […]

Comments Off

Modes of transport: Sea

By garikaib|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 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 […]

Comments Off

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 […]

Comments Off

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 […]

Comments Off

January 2023