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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Commerce Notes: The Grain Marketing Board

By |2025-02-12T09:24:51+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Wholesale Trade:The Grain Marketing Board

  • It buys and sells grain from farmers
  • It sells grain to consumers, millers and importers
  • It stores grain in its silos
  • It evens out the supply of grain
  • Prevents shortages of grain
  • Controls the price of grain
  • Collects grain from farmers
  • Controls the price of grain
  • Collects grain from […]
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Commerce: Management Functions: Coordinating

By |2025-02-12T09:26:45+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Management Functions: Coordinating

  • In our introduction to management, we defined what management is
  • In general terms, management is the work of doing work through others
  • We also mentioned the fact that management can be defined in terms of its functions/duties that a manager is expected to carry out
  • In that regard […]
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Trade and Cash discounts

By |2025-02-12T09:29:01+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit seawaytrail.com Image credit seawaytrail.com ZIMSEC O Level Commerce Notes: Retail Trade: Trade and Cash discounts

Trade discount

  • a gross deduction from the gross invoice or catalog price
  • given by one trader to another
  • varies with the quantity and type of goods purchased and is deducted at the point of sale
  • usually the rate […]
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Persuasive Advertising

By |2025-02-12T08:58:05+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Persuasive Advertisement. Image credit McDonalds. Persuasive Advertisement. Image credit McDonalds. ZIMSEC O Level Commerce Notes: Advertising: Persuasive Advertising

Persuasive/Competitive advertising

  • These are undertaken by individual businesses for the main purpose of promoting its own products using its brand names at the expense of other manufacturers producing similar products with different brand names.
  • Producers will […]
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Factors which affect the mode of transport

By |2025-02-12T09:16:31+02:00February 12th, 2025|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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