commerce notes Archives - Page 17 of 22 - Free ZIMSEC & Cambridge Revision Notes

Impotance of Communication
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Impotance of Communication

Notes, O Level Commerce Notes, Ordinary Level Notes

Impotance of Communication

By garikaib|2025-02-12T09:32:28+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Importance of Aids to trade: Communication

Communication is important.
Enables traders to contact:
buyers
suppliers
employees
to receive and send payments.
To receive and send orders.
To settle queries.
To arrange contracts.
To lodge complaints.
To give and receive information.
To give and receive information.
Can be through letter, telephone etc.

To access more topics go to the Commerce Notes page.

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Commerce: Management Functions: Organising
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Commerce: Management Functions: Organising

Notes, O Level Commerce Notes, Ordinary Level Notes

Commerce: Management Functions: Organising

By garikaib|2025-02-12T09:25:21+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Management Functions: Organising

During the introduction, we examined what management is
We said management is the art of doing work through others
Also, it was mentioned that management can be defined in terms of its functions/duties that every manager is expected to perform
These functions include planning, organising, coordinating, leading and […]

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Introduction

By garikaib|2025-02-12T09:15:55+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Airbus 380 being assembled. Image credit themanufacturer.com ZIMSEC O Level Commerce Notes: Production: Introduction:Good and Services

Production-is the provision of goods and services to satisfy human needs and wants.

Goods and Services (Products)

goods– these are tangible items with physical attributes for example a car.
Goods can be classified as:
durable […]

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Telebanking

By garikaib|2025-02-12T09:05:03+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Telebanking. Image credit coastal24.com ZIMSEC O Level Commerce Notes: Money and Banking: Telebanking

Telebanking

This is a service offered by banks that allow customers to make enquiries or give instructions concerning their accounts over the phone.
Instructions are usually given by customers who operate call accounts.
When customers open call […]

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Mail order firm

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

Harare Main Post Office. Image credit thezimbabwean.co ZIMSEC O Level Commerce Notes: Retail Trade: Mail Order firm

Mail order firm

a large scale retail outlet found in the private sector
located in the industrial area or outskirts of a town
operates from a warehouse
does not need expensive […]

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Informative advertising

By garikaib|2025-02-12T08:57:17+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Informative advert. Image credit econet.co.zw ZIMSEC Commerce O Level Notes: Advertising: Informative advertising

This is a form of advertising that provides precise detail of goods and services.
It is especially used when launching new products, changes in prices and to tell where and how to buy the company’s […]

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Transport Modes: Rail

By garikaib|2025-02-12T09:15:33+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Coal being transported from the mines to the a Thermal Power station. Image credit transportationissuedaily.com ZIMSEC O Level Commerce Notes: Transport: Modes of transport: Rail.

Rail transport.

Advantages.

Fast over long distances.
Is cheap over long distances.
Suitable for carrying:
heavy goods […]

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Communication introduction and its importance

By garikaib|2025-02-12T09:30:51+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Communication. Image credit wordpress.com ZIMSEC O Level Commerce Notes: Communication: Communication introduction and its importance

is the imparting or exchanging of information or news.
In Commerce communication refers to the sending and receiving information from one person to another through postal or telecommunication services.

The importance of communication

Allows the sending […]

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Introduction,basic concepts and importance of insurance

By garikaib|2025-02-12T08:57:19+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit moneychoice.org ZIMSEC O Level Commerce Notes: Insurance: Introduction,basic concepts and importance of insurance

Insurance is the pooling of risks.
an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of […]

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