February 2025

Specialisation

By |2025-02-12T09:19:38+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit fransgaard.com Image credit fransgaard.com ZIMSEC O Level Commerce Notes: Specialisation

Specialisation is a result of division of labour that results in a worker honing their particular skills to become experts.

Benefits of specialisation of labour

  • workers and firms become experts in a particular job
  • training institutions have found it easy to set […]
Read More
Comments Off on Specialisation

Vending machines, DIY products and Shopping Malls

By |2025-02-12T09:31:15+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

A DIY Kit. Image credit 2020pv.co.uk A DIY Kit. Image credit 2020pv.co.uk ZIMSEC O Level Commerce Notes: Vending Machine, Do It Yourself products and Shopping Malls.

Vending machines

  • These are machines, which are installed in buys areas.
  • An example is an ATM (Automated Teller Machine).
  • The machines may be hired or leased. They operate […]
Read More
Comments Off on Vending machines, DIY products and Shopping Malls

Differences between persuasive and informative advertising

By |2025-02-12T09:00:29+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit braningstrategyinsider.com Image credit braningstrategyinsider.com ZIMSEC O Level Commerce Notes: Advertising: Differences between persuasive and informative advertising

As has already been noted there are a number of differences between persuasive advertising and informative advertising.

The table below provides a precise and comprehensive comparison of the two types of advertising and clearly […]

Read More
Comments Off on Differences between persuasive and informative advertising

Advantages and Disadvantages of a trader owning their fleet of vehicles

By |2025-02-12T09:18:11+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

A fleet of bakery trucks owned by Innscor Africa. Image credit innscorafrica.com A fleet of bakery trucks owned by Innscor Africa. Image credit innscorafrica.com ZIMSEC O Level Commerce Notes: Transport: Advantages and Disadvantages of a trader owning their fleet of vehicles

Advantages to a trader of operating own fleet of vehicles.

  • Goods […]
Read More
Comments Off on Advantages and Disadvantages of a trader owning their fleet of vehicles

Business Reply services and Post Restante

By |2025-02-12T09:34:18+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Business Reply service. Image credit easyenvelopes.com Business Reply service. Image credit easyenvelopes.com ZIMSEC O Level Commerce Notes: Communication: Business Reply services and Post Restante

Business reply service.

  • The service is used in market research:
  • to encourage responses.
  • The respondent does not pay postage or the postage is already prepaid by sender.
  • The sender first obtains […]
Read More
Comments Off on Business Reply services and Post Restante

Traditional/General Wholesalers

By |2025-02-12T09:15:34+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Wholesale shop. Image credit fool.com Wholesale shop. Image credit fool.com ZIMSEC O Level Commerce Notes: Wholesale Trade: Traditional/General Wholesalers

Traditional or General wholesalers.

  • These wholesalers:
  • Provide a wide range of merchandise or goods.
  • Store goods.
  • Pay cash to manufacturers (finance the manufacturers)
  • Sell on credit to retailers.
  • Provide transport to retailers.
  • Employ sales representatives.
  • Provide information and advice to […]
Read More
Comments Off on Traditional/General Wholesalers

Factor agents in international trade

By |2025-02-12T09:32:27+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit wordpress.com Image credit wordpress.com ZIMSEC O Level Commerce Notes: International trade: Factors

  • is a mercantile fiduciary who receives and sells goods on commission.
  • The commission is called a factorage.
  • Possess the goods they sell.
  • Sell goods in their own names.
  • Do not disclose their principal.
  • Collect goods for sale.
  • Deliver goods to their customers.
  • Have insurable […]
Read More
Comments Off on Factor agents in international trade

How the government protects consumers

By |2025-02-12T08:57:33+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit madamenoire.com Image credit madamenoire.com ZIMSEC O Level Commerce Notes: How the government protects consumers

The Government

  • The government via Parliament passes various ACTS to protect consumers including:
  • The Hire Purchase Act which guards against unfair and unlawful repossession of goods bought on credit.
  • Consumer Safety Act which ensures that products are safe […]
Read More
Comments Off on How the government protects consumers
Toggle Sliding Bar Area
Go to Top