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

Statement of Account

By garikaib|2022-09-15T12:43:50+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Principles of Accounts Notes|

A statement of account. Image credit restaurant365.net ZIMSEC O Level Commerce Notes: Statement of Account

Also known as an account statement or customer statement.
It is a summary of all the transactions (for a particular customer) over a period of time.
It is issued by a […]

Comments Off

Drainage Basin

By garikaib|2022-09-15T12:43:41+02:00January 24th, 2023|Notes, O Level Geography, Ordinary Level Notes, River Processes|

The drainage basin. Image credit BBC. ZIMSEC O Level Geography Notes: Drainage Basin

The term drainage basin refers to an area of land drained by a river and its tributaries (river system).
It includes water found in the water table and surface run-off.
The drainage basin is also known […]

Comments Off

Retailers and their functions

By garikaib|2022-09-15T12:43:32+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

OK Zimbabwe operates one of the country’s most popular retail chains. Image from the Chronicle. ZIMSEC O Level Commerce Notes: Retail Trade: Retailers and their functions

Retail means to cut into small pieces or to reduce to smaller quantities.
A […]

Comments Off

Pre-packaging

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

Image credit efroschheiser.blogse.nl Image credit efroschheiser.blogse.nl ZIMSEC O Level Commerce Notes: Retail Trade: Prepackaging

Packaging

refers to the practice of placing goods into containers by the manufacturers, retailers and wholesalers.

Advantages of pre-packing

goods become easier to display
some packaging protects goods against damage
prevents goods from deteriorating
reduces soiling of goods from constant consumer handling
allows branding […]

Comments Off

Advertising agencies

By garikaib|2022-09-15T12:43:18+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit su.edu. ZIMSEC O Level Commerce Notes: Advertising: Advertising agencies

Many business organisations hire outside advertising agencies.
Advertising agencies have specialised staff to help with all the neccessary advertising requirements that other businesses might have.
A lot of business organisations cannot afford to have their own full time advertising […]

Comments Off

Introduction: The importance of transport

By garikaib|2022-09-15T12:43:12+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

Coal being transported from the mines to the a Thermal Power station. Image credit transportationissuedaily.com ZIMSEC O Level Commerce Notes: Transport: Introduction and Importance of transport.

Transport refers to the movement of people and goods from […]

Comments Off

Containerisation

By garikaib|2022-09-15T12:43:04+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

Maersk Container ship. Image credit fleetmon.com ZIMSEC O Level Commerce Notes: Transport: Containerisation

Containerisation

Refers to the carriage of goods in standardised large containers (boxes) made of metal.
The containers are:
filled with goods ready for transportation.
They are sealed in the presence of custom officials at the point […]

Comments Off

Radio paging, tele messages and Prestel

By garikaib|2022-09-15T12:42:54+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

A radio pager. Image credit MediaWiki ZIMSEC O Level Commerce Notes: Communication: Radio paging, tele messages and Prestel

Radio paging

Is a one way communication system.
Is an internal means of communication.
I used by people in an organisation only.
Is hired from the post office.
A public address system […]

Comments Off

Making an insurance claim

By garikaib|2022-09-15T12:42:45+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Making an insurance claim. Image credit ilaacp.org ZIMSEC O Level Commerce Notes: Insurance: Making an insurance claim

The insured contacts the insurance company or broker and:
completes a claim form giving details of the loss, honestly
and provides the necessary police report.
The insurer checks on the […]

Comments Off

Methods used to correct an unfavourable Balance of Payment

By garikaib|2022-09-15T12:42:37+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

South African border post. Image credit drivesouthafrica.co.za ZIMSEC O Level Commerce Notes: Methods used to correct an unfavourable Balance of Payment

Methods and ways of correcting an unfavourable balance of payments.

The government of Zimbabwe may use the following ways to correct its BOP if its unfavourable […]

Comments Off

January 2023