Notes Archives - Page 6 of 189 - Free ZIMSEC & Cambridge Revision Notes

Retailers and their functions

By garikaib|2025-02-12T09:17:30+02:00February 12th, 2025|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 […]

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Pre-packaging

By garikaib|2025-02-12T09:34:55+02:00February 12th, 2025|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 […]

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Advertising agencies

By garikaib|2025-02-12T09:01:28+02:00February 12th, 2025|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 […]

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Introduction: The importance of transport

By garikaib|2025-02-12T09:15:13+02:00February 12th, 2025|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 […]

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Containerisation

By garikaib|2025-02-12T09:29:46+02:00February 12th, 2025|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 […]

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Radio paging, tele messages and Prestel

By garikaib|2025-02-12T08:56:18+02:00February 12th, 2025|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 […]

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Making an insurance claim

By garikaib|2025-02-12T09:10:53+02:00February 12th, 2025|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 […]

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Methods used to correct an unfavourable Balance of Payment

By garikaib|2025-02-12T09:24:40+02:00February 12th, 2025|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 […]

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Certificate of insurance

By garikaib|2025-02-12T09:41:02+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit generalmills.com ZIMSEC O Level Commerce Notes: Certificate of insurance

Certificate of insurance

Provides proof that the goods being transported have been insured.
Has to be produced when making a claim to the insurance company, if a risk insured against has occurred.
Can be an open (floating) insurance policy.
To cove […]

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Private Limited Companies

By garikaib|2025-02-12T09:04:24+02:00February 12th, 2025|O Level Commerce Notes, Ordinary Level Notes, Principles of Accounts Notes|

Dell Private Limited. Image credit freshhotjobs.com ZIMSEC O Level Commerce Notes: Business Organisations: Private Limited Companies

Its operations are governed by the Companies Act.
Formed by 2-50 shareholders.
In other countries a company is formed by 2 or more people with no maximum number of shareholders.
Has a […]

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February 2025