January 2023

Hire Purchase

By |2022-09-15T12:43:49+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

TV Sales and Hire offers Hire Purchases. TV Sales and Hire offers Hire Purchases. ZIMSEC O Level Commerce Notes: Hire Purchase

  • Is a method of buying consumer durables such as Television sets on credit.

Characteristics

  • A written agreement between the buyer and seller is required.
  • A deposit is paid followed by installments (usually on a […]
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The hydrological / Water cycle

By |2022-09-15T12:43:40+02:00January 24th, 2023|Notes, O Level Geography, Ordinary Level Notes, River Processes|

The hydrological cycle. Image credit BBC The hydrological cycle. Image credit BBC ZIMSEC O Level Geography Notes: The hydrological cycle.

  • Water does not leave or enter the planet earth.
  • It is instead continuously transferred between the atmosphere and the oceans.
  • The system of inputs, storages,flows and outputs is known as the water or hydrological […]
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Advantages and disadvantages of small scale retailers

By |2022-09-15T12:43:31+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Small scale traders at Mbare Musika. Image credit skyscapercity.com Small scale traders at Mbare Musika. Image credit skyscapercity.com ZIMSEC O Level Commerce Notes: Retail Trade: Advantages and Disadvantages of small scale retailers

Advantages of small scale retailers to Consumers

  •  open for long hours or even during holidays
  • sell a variety of goods
  • cater for individual tastes
  • sell […]
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Send a basket

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

Ecoshopper. Image credit techzim.co.zw Ecoshopper. Image credit techzim.co.zw ZIMSEC O Level Commerce Notes: Retail Trade: Send a Basket.

Send a basket

  • the service is offered by cash and carry wholesalers with many branches throughout the country
  • used when a sender wants to purchase for someone located in in another area
  • the service is provided […]
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Radio Media

By |2022-09-15T12:43:17+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

 

Radio. Image credit sony.com Radio. Image credit sony.com ZIMSEC O Level Commerce Notes: Advertising: Radio

Radio

  • Provides sound
  • Has a personal impact on people’s emotions
  • Has a wide (usually national) coverage.
  • Advertisements can be repeated and timed.
  • The producer can target specific audiences for example certain advertisements can be flighted during certain programs that can appeal […]
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Factors which affect the mode of transport

By |2022-09-15T12:43:11+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

A goods truck. Image credit continental-truck-tires.com A goods truck. Image credit continental-truck-tires.com ZIMSEC O Level Commerce Notes: Transport: Factors which affect the mode of transport

Factors which determine the mode of transport to carry goods

  • The nature of the goods:
  • For example perishable goods such as bread and meat needs fast transport e.g. […]
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Importance of statistics to insurance

By |2022-09-15T12:42:53+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit dhariya.com Image credit dhariya.com ZIMSEC O Level Commerce Notes: Insurance: Importance of statistics to insurance

Importance of statistical records in insurance.

  • Actuaries make extensive use of statistics in insurance
  • Insurance contracts are based on the statistics.
  • Risk is asses to determine whether:
  • It can be accepted or not.
  • Help in determining a fair premium.
  • At […]
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Functions of insurance underwriters

By |2022-09-15T12:42:43+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Old Mutual. Image credit thezimbabwedaily.com Old Mutual. Image credit thezimbabwedaily.com ZIMSEC O Level Commerce Notes: Insurance: Functions of insurance underwriters

Functions of underwriters.

  • Are insurers (insurance companies) who provide insurance cover.
  • Assess risks (examine details in the proposal form)
  • Cover or accept risks by:
  • Singing their names against risks they have agreed to cover.
  • Charge and […]
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