Ordinary Level Notes Archives - Page 2 of 180 - Free ZIMSEC & Cambridge Revision Notes

Specialisation

By garikaib|2025-02-12T09:19:38+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit fransgaard.com ZIMSEC O Level Commerce Notes: Specialisation

Specialisation is a result of division of labour that results in a worker honing their particular skills to become experts.

Benefits of specialisation of labour

workers and firms become experts in a particular job
training institutions have found it easy to set […]

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Night Safe Facilities and Safe Deposit boxes

By garikaib|2025-02-12T09:42:16+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Safe Deposit Boxes. Image credit expresspage.net ZIMSEC O Level Commerce Notes: Money and Banking: Night Safe Facilities and Safe Deposit boxes

Night safe- facility

Safe guards money for traders who do their business during the night.
They lock their money in bags or wallets.
The bags are slotted […]

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Dishonoured cheques and the reason for their being dishonoured

By garikaib|2025-02-12T09:14:10+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit locanto.in ZIMSEC O Level Commerce Notes: Money and Banking: Dishonoured cheques and the reason for their being dishonoured

A cheque is said to be dishonoured if the bank refuses to pay the amount of cheque.
Thus dishonoring of a cheque means the refusal by the bank to pay […]

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Vending machines, DIY products and Shopping Malls

By garikaib|2025-02-12T09:31:15+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

A DIY Kit. Image credit 2020pv.co.uk ZIMSEC O Level Commerce Notes: Vending Machine, Do It Yourself products and Shopping Malls.

Vending machines

These are machines, which are installed in buys areas.
An example is an ATM (Automated Teller Machine).
The machines may be hired or leased. They operate […]

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Persuasive Advertising

By garikaib|2025-02-12T08:58:05+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Persuasive Advertisement. Image credit McDonalds. ZIMSEC O Level Commerce Notes: Advertising: Persuasive Advertising

Persuasive/Competitive advertising

These are undertaken by individual businesses for the main purpose of promoting its own products using its brand names at the expense of other manufacturers producing similar products with different brand names.
Producers will […]

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Disadvantages of Advertising

By garikaib|2025-02-12T09:13:16+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

A cadbury Advertisement. Image credit jtresca.com ZIMSEC O Level Commerce Notes: Advertising: Disadvantages of Advertising

The disadvantages of advertising to consumers.

It leads to overspending
It leads to impulse buying
It leads to higher prices if advertising campaign is unsuccessful.
Advertised goods may be harmful.
Some advertisements may be false, […]

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Roll on Roll off (RoRo) Ships

By garikaib|2025-02-12T09:27:15+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

A RoRo ship loading. Image credit venice.it ZIMSEC O Level Commerce Notes: Transport: Roll on Roll off (RoRo) Ships

Roll on Roll off (Ro-Ro) ships

These are specialised types of vessels.
They allow lorries or vehicles loaded with their own cargo to:
to be driven onto the ship (roll […]

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Fax (Facsimile)

By garikaib|2025-02-12T09:43:50+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Fax Machine. Image credit cultarmix.com ZIMSEC O Level Commerce Notes: Communication: Fax (Facsimile)

Facsimile (Fax)

The machine consists of a photocopier and a telephone circuit.
Fast way of sending and receiving information.
Used when speed is required.
Produces information as it is (exact copies/replicas of the send documents are received)
Ideal for […]

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Property Insurance

By garikaib|2025-02-12T09:09:12+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit kevinandamanda.com ZIMSEC O Level Commerce Notes: Insurance: Property Insurance

Property insurance

Household insurance

Is taken by individuals.
It covers household movable items such as furniture, Tvs and jewellery.
Covers against losses due to theft and fire.
Compensation is based on the value of items at the time the risk occurs i.e. after […]

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