February 2025

Functions of the Zimbabwe International Trade Fair ( ZITF)and Export Processing Zones Authority (EPZA)

By |2025-02-12T09:45:01+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZITF exhibition. Image credit radiodialogue.com ZITF exhibition. Image credit radiodialogue.com ZIMSEC O Level Commerce Notes: Functions of the Zimbabwe International Trade Fair ( ZITF)and Export Processing Zones Authority (EPZA)

Functions of the Zimbabwe International Trade Fair ( ZITF)

  • The fair is advertised extensively both locally and internationally.
  • Facilitates trade between Zimbabwean and Foreign companies.
  • Enables local and […]
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Multinational Companies

By |2025-02-12T09:06:48+02:00February 12th, 2025|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: Multinational Companies

Features

  • Also known as Trans-national companies.
  • They are found in the private sector.
  • They are large limited liability businesses which have:
  • subsidiaries operating in other […]
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Reasons why Parastatals are turned into Public Limited companies (privatised)

By |2025-02-12T09:18:25+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Dairibord Milk. Image credit herald.co.zw Dairibord Milk. Image credit herald.co.zw ZIMSEC O Level Commerce Notes: Reasons why Parastatals are turned into Public Limited companies (privatised)

Reasons why parastatals are converted into public limited companies.

  • To reduce the burden on the taxpayer for example parastatals are often subsidised using tax-payer’s money.
  • To improve efficiency of […]
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Impotance of Communication

By |2025-02-12T09:32:28+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Importance of Aids to trade: Communication

  • Communication is important.
  • Enables traders to contact:
  • buyers
  • suppliers
  • employees
  • to receive and send payments.
  • To receive and send orders.
  • To settle queries.
  • To arrange contracts.
  • To lodge complaints.
  • To give and receive information.
  • To give and receive information.
  • Can be through letter, telephone etc.

To access more topics go to the Commerce Notes page.

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Commerce: The External Business Environment

By |2025-02-12T09:46:16+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: The External Business Environment

  • In addition to internal factors that affect the operations of a business
  • There are external factors which also exert their influence
  • These external factors together constitute the external business environment
  • The external environment is sometimes known as PESTEL
  • This stands for the various components that make up a […]
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Factors of Production

By |2025-02-12T09:21:04+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Factors of Production

  • The four factors of production act as inputs during the production process.
  • They are also generally known as resources.

To access more topics go to the Commerce Notes page.

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Supermarkets

By |2025-02-12T09:20:35+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

PicknPay supermaket. Picture by Source PicknPay supermarket. Picture by Source

  ZIMSEC O Level Commerce Notes: Retail Trade: Supermarkets

Supermarket

A large shop with a minimum floor area of 186 square meters, sells household goods and grocery on a cash and carry basis. They are mainly situated in busy areas like suburbs and […]

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Primary producer warehouses

By |2025-02-12T09:37:45+02:00February 12th, 2025|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 […]
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Television Media

By |2025-02-12T09:03:36+02:00February 12th, 2025|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 […]
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