February 2025

Email and Internet

By |2025-02-12T09:44:44+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Gmail app. Image credit play.google.com Gmail app. Image credit play.google.com ZIMSEC O Level Commerce Notes: Communication: Email and Internet

Electronic Mail (Email)

  • Is the communication of information:
  • using a computer.
  • Via a telephone circuit.
  • The information is sent from one computer to another.
  • From one computer to several computers at the same time.
  • It uses modems.
  • Each subscriber […]
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Other forms of insurance: Accident, health,funeral assurance

By |2025-02-12T09:10:13+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Funeral. Image credit mentalfloss.com Funeral. Image credit mentalfloss.com ZIMSEC O Level Commerce Notes: Insurance: Accident and health insurance,funeral assurance

Accident insurance

  • There are two forms of accident insurance:
  • Personal accident insurance and
  • Group accident insurance

Personal accident

  • Is taken by individuals.
  • It covers against total disability arising from accidents e.g. sports stars or surgeons.

Group accident.

  • Taken by a […]
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Measures the government can use to control trade

By |2025-02-12T09:25:27+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Beitbridge border post. image credit thezimbabwemail.co.zw Beitbridge border post. image credit thezimbabwemail.com ZIMSEC O Level Commerce: Measures the government can use to control trade

Trade (tariff) barriers.

  • These are measures taken by government to reduce imports and in some cases ban trade completely with some countries.

Customs (import) duty

  • A tax levied on imported […]
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Airway bill

By |2025-02-12T09:41:55+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

An Air Waybill for use with FedEx An Air Waybill for use with FedEx ZIMSEC O Level Commerce Notes: International Trade: Airway bill

Airway bill

  • Also mentioned here.
  • Completed when goods are carried by air.
  • A contract to carry goods aboard an aircraft.
  • An evidence of receipt of goods on board the aeroplane.
  • Gooes together with […]
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Advantages and Disadvantages of Public Limited Companies

By |2025-02-12T09:05:33+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Econet is an example of a PLC Econet is an example of a PLC ZIMSEC O Level Commerce Notes: Business Organisations: Advantages and Disadvantages of Public Limited Companies

Advantages

  • They are separate legal entities.
  • Shareholders have limited liability.
  • Shares can be freely transferred on the stock exchange.
  • Membership is open to the public since shares are […]
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Advantages and disadvantages of Public corporations/ Parastatals

By |2025-02-12T09:17:25+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Megawatt building. Image credit newsday.co.zw Megawatt building. Image credit newsday.co.zw ZIMSEC O Level Commerce Notes: Advantages and disadvantages of Public corporations/ Parastatals

Advantages

  • The government controls the provision of strategic products.
  • Provides products at cheap prices.
  • Provides employment to people.
  • Reduces duplication of resources .
  • Enjoy limited liability.
  • Implement government policies i.e. in terms of setting the […]
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Importance of Banking

By |2025-02-12T09:31:26+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit voanewszimbabwe.com Image credit voanewszimbabwe.com ZIMSEC O Level Commerce Notes: Aids to Trade: Banking

Banking

  • Enables making of payments.
  • Enables receiving of payment through cheques, stop order or bill of exchange.
  • Keeps money safe through current, savings, deposit and fixed accounts.
  • Acts as trustees and executors.
  • Acts as underwriters when they buy unsubscribed shares of public […]
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Commerce: Management Functions: Leading/Commanding

By |2025-02-12T09:22:18+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes:Management Functions: Leading/Commanding

  • As already said in the introduction to management
  • Management is defined in simple terms as the art of doing work through others
  • It involves five functions namely:
    • Planning
    • Organising
    • Leading/Commanding
    • Coordinating
    • Controlling
  • These are often called the five functions of management
  • In this section, we will talk about leading/commanding

    • […]

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Delivery Note and Consignment Note

By |2025-02-12T09:10:50+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Delivery Note. Image credit spreadsheet123.com Delivery Note. Image credit spreadsheet123.com ZIMSEC Commerce Notes: Delivery Note and Consignment Note

Delivery Note

  • Is issued by a supplier to the buyer.
  • It is written in duplicate
  • It is used when the seller uses their own transport to deliver goods.
  • It is sent with the goods.
  • It is sued to […]
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