February 2025

Bank Cards/Cheque Cards

By |2025-02-12T09:03:53+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

bank_card-min

ZIMSEc O Level Commerce Notes: Bank/ Cheque Cards

Cheque or Bank Card.

  • A bank card is issued to account holders by a bank.
  • It has the following information on it:
  • The name and signature of the cardholder.
  • The name of the bank which issued the card and its logo.
  • The expiry date of the card.
  • The terms and […]
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Hypermarket

By |2025-02-12T09:21:20+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Retail Trade: Hypermarket

Hypermarket

  • a large shop with a minimum selling space of 4500 square metres
  • situated on the outskirts of town where:
    1. land is cheap and plentiful
    2. there are good communication links such as roads
  • provides a car park
  • sells foodstuffs and household goods
  • sells gods at low prices( Small Profit Quick Returns […]
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Warehouses and importance of warehousing

By |2025-02-12T09:39:39+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Warehousing|

Goods in a warehouse. Image credit herald.co.zw Goods in a warehouse. Image credit herald.co.zw ZIMSEC O Level Commerce Notes: Warehousing : Warehouses and importance of warehousing

Warehouses

  • a large building where raw materials or manufactured goods may be stored prior to their distribution for sale.
  • Are used to sore goods prior to sale, […]
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Newspaper media

By |2025-02-12T09:04:22+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

A newspaper vendor in Harare. Image credit techzim.co.zw A newspaper vendor in Harare. Image credit techzim.co.zw ZIMSEC O Level Commerce Notes: Advertising: Newspaper media

Newspaper

  • Advertisements can be paced in daily, weekly or monthly newspapers.
  • They provide wide coverage.
  • They can be passed on to others for readership.
  • Can be timed or placed in various […]
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Advantages and Disadvantages of a trader owning their fleet of vehicles

By |2025-02-12T09:18:11+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

A fleet of bakery trucks owned by Innscor Africa. Image credit innscorafrica.com A fleet of bakery trucks owned by Innscor Africa. Image credit innscorafrica.com ZIMSEC O Level Commerce Notes: Transport: Advantages and Disadvantages of a trader owning their fleet of vehicles

Advantages to a trader of operating own fleet of vehicles.

  • Goods […]
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Business Reply services and Post Restante

By |2025-02-12T09:34:18+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Business Reply service. Image credit easyenvelopes.com Business Reply service. Image credit easyenvelopes.com ZIMSEC O Level Commerce Notes: Communication: Business Reply services and Post Restante

Business reply service.

  • The service is used in market research:
  • to encourage responses.
  • The respondent does not pay postage or the postage is already prepaid by sender.
  • The sender first obtains […]
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Functions of Wholesale trade: To the retailers and consumers

By |2025-02-12T09:13:27+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Wholesale shop. Image credit enforcecoveragegroup.com Wholesale shop. Image credit enforcecoveragegroup.com ZIMSEC O Level Commerce Notes: Wholesale Trade: Functions of Wholesale trade:To the retailers and consumers

To the retailer

  • The wholesaler:
  • Buys in bulk from several manufacturers and producers.
  • Breaks bulk for retailers i.e. sells goods to retailers in smaller quantities.
  • Provides retailers with a wider […]
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Bonded warehouses and International Trade

By |2025-02-12T09:29:37+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMRA's bonded warehouse at Chirundu Border Post. Image credit zimboguide.co.zw ZIMRA’s bonded warehouse at Chirundu Border Post. Image credit zimboguide.co.zw ZIMSEC O Level Commerce Notes: Bonded warehouses and International Trade

Why customs authorities control bonded warehouses

  • Bonded warehouses are used to store […]
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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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