January 2023

E-commerce

By |2022-09-15T12:43:26+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

E commerce. Image credit techniasia.com E commerce. Image credit techniasia.com ZIMSEC O Level Commerce Notes: Retail Trade: E-commerce

  • It is a system of buying and selling goods and services electronically.
  • The system operates through a computer connected to the internet or a television which has satellite connections. The products sold should […]
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Informative advertising

By |2022-09-15T12:43:20+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Informative advert. Image credit econet.co.zw Informative advert. Image credit econet.co.zw ZIMSEC Commerce O Level Notes: Advertising: Informative advertising

  • This is a form of advertising that provides precise detail of goods and services.
  • It is especially used when launching new products, changes in prices and to tell where and how to buy the company’s […]
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Streambank cultivation,gold panning and other human activities

By |2022-09-15T12:43:13+02:00January 24th, 2023|Notes, O Level Geography, Ordinary Level Notes, River Processes|

Bananas growing near a stream. Image credit MediaWiki. Bananas growing near a stream. Image credit MediaWiki. ZIMSEC O Level Geography Notes: River Processes: Stream bank cultivation

  • Stream bank cultivation refers to the practice of growing or cultivation of crops near a wetland, stream or river.
  • Sub-Saharan Africa has faced political, socio-economic problems […]
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Telex and Videoconferencing

By |2022-09-15T12:42:56+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Video conference room. Image credit color-tone.com Video conference room. Image credit colortone-av.com ZIMSEC O Level Commerce Notes: Communication: Telex and Teleconferencing

Telex

  • Uses a teleprinter and a telephone.
  • Messages can be received even if the office is closed.
  • Can operate unattended.
  • Provides a written record.
  • Has a telex number
  • The message can be corrected before sending it.

Video […]

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Marine Insurance

By |2022-09-15T12:42:46+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit nauticalexpo.com Image credit nauticalexpo.com ZIMSEC O Level Commerce Notes: Insurance: Marine Insurance

Marine insurance

  • Covers against losses occurring at sea.

Cargo insurance

  • Covers against loss of goods transported by sea or goods transported by ships at sea.
  • Covers against damages or loss of goods during transportation.
  • Can be voyage policy ie. Cargo is insured […]
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Differences between Home and International trade

By |2022-09-15T12:42:39+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

image credit iccwbo.org image credit iccwbo.org ZIMSEC O Level Commerce Notes: Differences between Home and International trade

  • Home trade is buying is the buying and selling of goods and services between people within a country’s borders ( Zimbabwe).
  • International trade involves the buying and selling of goods between people in one […]
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Commerce: Partnership Features

By |2022-09-15T12:42:22+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit adbrain.com Image credit adbrain.com ZIMSEC O Level Commerce Notes: Partnership Features

  • Is formed by written or verbal agreement between partners.
  • They are formed by 2-10 partners.
  • Professionals such as lawyers, doctors and accountants can form partnerships of 2 to unlimited members as they are not allowed to form limited liability companies.
  • Has fewer […]
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Commerce: Shares

By |2022-09-15T12:42:10+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Share certificate. Image credit genafashion.com Share certificate. Image credit genafashion.com ZIMSEC O Level Commerce Notes: Shares

Shares

  • A share is a unit of capital.
  • Business capital is divided into several units.
  • Owners of shares are called shareholders.

Types (Classes) of shares

Ordinary shares

  • Are also known as equities.
  • Receive dividends at variable rates which depend on profits made.
  • Receive […]
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