February 2025

Advantages and Disadvantages of Multinational Companies

By |2025-02-12T09:07:15+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Delta is a local example of an MNC. Image credit Nehandaradio.com Delta is a local example of an MNC. Image credit Nehandaradio.com ZIMSEC O Level Commerce Notes: Business Organisations: Advantages and Disadvantages Multinational Companies

Advantages

  • Pays taxes to increase revenue for the host government.
  • Creates employment to local people.
  • Brings the latest technology to the […]
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Prospectus

By |2025-02-12T09:18:56+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Prospectus. Image credit docstoc.com Prospectus. Image credit docstoc.com ZIMSEC O Level Commerce Notes: Prospectus(privatised)

 

Prospectus

  • Is prepared by founders of the company or an issuing house after the registration of a public limited company.
  • Is sent for approval to the registrar of companies before members of the public are invited to subscribe for […]
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Zimbabwe Stock Exchange

By |2025-02-12T09:08:50+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Zimbabwe Stock Exchange. Image credit financialgazette.co.zw Zimbabwe Stock Exchange. Image credit financialgazette.co.zw ZIMSEC O Level Commerce Notes: Business Organisations: The Zimbabwe Stock Exchange

Functions

  • Controls and regulates admission of new members.
  • Acts as a barometer of the well-being of the Zimbabwean economy.
  • A market for buying and selling shares, stocks, bonds as well as […]
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Memorandum of Association

By |2025-02-12T09:19:59+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

A page from a Memorandum of Association. Image credit coronetpublications.com A page from a Memorandum of Association. Image credit coronetpublications.com ZIMSEC O Level Commerce Notes: Memorandum of Association

Memorandum of Association

  • Is used in the formation of private and public limited companies.
  • Is prepared by the company founders/their representatives.
  • Is sent to the Registrar […]
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People on the Zimbabwe Stock Exchange

By |2025-02-12T09:08:56+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Traders at the ZSE. Image credit financialgazette.co.zw Traders at the ZSE. Image credit financialgazette.co.zw ZIMSEC O Level Commerce Notes: Business Organisations: People on the Zimbabwe Stock Exchange

The stock broker

Is:

  • an agent/middleman between members of the public and the stock jobber.
  • Buys and sells existing shares on behalf of the public.
  • Gets the best […]
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Articles of Association

By |2025-02-12T09:20:37+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Articles of Association Sample. Image credit agreements.org Articles of Association Sample. Image credit agreements.org ZIMSEC O Level Commerce Notes: Articles of Association

Articles of Association

  • Is prepared by the founders of the company or their representatives.
  • Is sent to the Registrar of companies, together with the memorandum of association for approval.
  • Contains the rules and […]
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Dairboard Limited Zimbabwe

By |2025-02-12T09:10:05+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Dairibord Milk. Image credit herald.co.zw Dairibord Milk. Image credit herald.co.zw

www.herald.co.zw/firms-manoeuvre-past-the-dollar/ ZIMSEC O Level Commerce Notes: Business Organisations: Dairboard Limited Zimbabwe

Dairibord Zimbabwe Limited.

  • Buys, collects and stores milk from registered farmers.
  • Pasteurises and packs milk.
  • Processes milk into milk products for example cheese.
  • Markets milk and milk products both locally and internationally.
  • Conducts research and promotes developments […]
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Certificate of incorporation,Statutory declaration and Certificate of Trading

By |2025-02-12T09:21:06+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Certificate of incorporation. Image credit elevator-escalator.com Certificate of incorporation. Image credit elevator-escalator.com

ZIMSEC O Level Commerce Notes:Certificate of incorporation,Statutory declaration and Certificate of Trading

Certificate of incorporation

  • Is prepared by the Registrar of companies.
  • Is sent to a company which applied for registration.
  • Contains:
  • the date and place where the company was registered.
  • The […]
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The Cold Storage Commission

By |2025-02-12T09:10:15+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Cold Storage Comission. Image credit nehandaradio.com Cold Storage Comission. Image credit nehandaradio.com ZIMSEC O Level Commerce Notes: Business Organisations: Cold Storage Commission

Cold Storage Commission

  • Buys cattle, sheep and goats from farmers.
  • Sells meat and meat products.
  • Operates ranches for beef cattle.
  • Operates slaughter houses.
  • Carries out research on beef production.
  • Sores beef and beef products in […]
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Terms used in business organisations

By |2025-02-12T09:25:45+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit tooopen.com Image credit tooopen.com ZIMSEC O Level Commerce Notes: Terms used in business organisations

“Private”

  • Membership to a private limited company is by invitation.
  • Shares of a private limited company are onlys sold to invited members for example friends and relatives.
  • Shares cannot be sold or bought on the Zimbabwe Stock Exchange […]
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