January 2023

Dairboard Limited Zimbabwe

By |2022-09-15T12:42:12+02:00January 24th, 2023|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 […]
Read More
Comments Off on Dairboard Limited Zimbabwe

Certificate of incorporation,Statutory declaration and Certificate of Trading

By |2022-09-15T12:42:04+02:00January 24th, 2023|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 […]
Read More
Comments Off on Certificate of incorporation,Statutory declaration and Certificate of Trading

The Cold Storage Commission

By |2022-09-15T12:42:12+02:00January 24th, 2023|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 […]
Read More
Comments Off on The Cold Storage Commission

Terms used in business organisations

By |2022-09-15T12:42:03+02:00January 24th, 2023|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 […]
Read More
Comments Off on Terms used in business organisations

Commerce Introduction to Businesses

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

Image credit orangeblob.com Image credit orangeblob.com ZIMSEC O Level Commerce: Commerce Introduction to Businesses

  • Business refers to:
  • Activities carried out in order to make profit for example:
  • manufacturing goods for sale.
  • Providing services e.g. Hotels.
  • Extracting minerals such as gold.
  • Farming produce for sale.
  • Business entities/organisations can be divided into two groups i.e. private and public sector […]
Read More
Comments Off on Commerce Introduction to Businesses

Cambrige Notes: Private Limited Companies

By |2022-09-15T12:30:52+02:00January 24th, 2023|Cambridge O Level/ IGSCE Accounts Notes, Ordinary Level Notes|

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 lot of legal formalities including:
  • It has to create an Articles of Association, Memorandum of Association and […]
Read More
Comments Off on Cambrige Notes: Private Limited Companies

Commerce: Sole Trader

By |2022-09-15T12:42:23+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Sole Trader. Image credit geograph.org.uk Sole Trader. Image credit geograph.org.uk ZIMSEC O Level Commerce: Sole Trader Business

Sole Trader

Features

  • Is owned by one person who provides all the capital.
  • Their motive is to make profit.
  • Tends to be small in size.
  • Has few legal formalities.
  • Easy to form as they require little start up capital.
  • Controlled and […]
Read More
Comments Off on Commerce: Sole Trader

Commerce:Debentures

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

Debenture certificate. Image credit catawiki.com Debenture certificate. Image credit catawiki.com ZIMSEC O Level Commerce Notes: Debentures

Debentures

  • Are loan capital or money borrowed from financial institutions and individuals.
  • Earn interest at a fixed rate.
  • Interest is paid whether or not a company has made profits.
  • Debentures are creditors to the company.
  • A safe form of investment.
  • May […]
Read More
Comments Off on Commerce:Debentures

Cambrige Notes: Public Limited Companies

By |2022-09-15T12:30:52+02:00January 24th, 2023|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Business Organisations: Public Limited Companies

Formation

  • Membership is open to the public.
  • Membership is by invitation through a prospectus.
  • Formed by at least two shareholders and there is no upper limit.
  • Governed by the Companies Act.
  • The founding members have to draw up a prospectus, articles and memorandum of association and a statutory declaration and […]
Read More
Comments Off on Cambrige Notes: Public Limited Companies
Toggle Sliding Bar Area
Go to Top