commerce notes Archives - Page 18 of 22 - Free ZIMSEC & Cambridge Revision Notes

Factor agents in international trade

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

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 […]

Comments Off

How the government protects consumers

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

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 […]

Comments Off

Dairboard Limited Zimbabwe

By garikaib|2025-02-12T09:10:05+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

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 […]

Comments Off

Certificate of incorporation,Statutory declaration and Certificate of Trading

By garikaib|2025-02-12T09:21:06+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

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 […]

Comments Off

Cambrige Notes: Statement of Account
Gallery
Cambrige Notes: Statement of Account

Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes

Cambrige Notes: Statement of Account

By Garikai Dzoma|2025-02-12T09:06:40+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Statement of Account

Also known as an account statement or customer statement.
It is a summary of all the transactions (for a particular customer) over a period of time.
It is issued by a seller to a buyer.
It is issued when goods or services are bought on credit.
It is sent as a […]

Comments Off

Commerce: The Business Environment: Introduction
Gallery
Commerce: The Business Environment: Introduction

Notes, O Level Commerce Notes, Ordinary Level Notes

Commerce: The Business Environment: Introduction

By garikaib|2025-02-12T09:44:10+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: The Business Environment

It is a common cause that businesses do not operate in a vacuum
There are a number of factors that affect the way a business operates
These factors can be external to the business i.e. outside the business itself
They can, however, be internal i.e. factors that are to […]

Comments Off

Receipts and till slips

By garikaib|2025-02-12T09:23:10+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Principles of Accounts Notes|

A till slip. Image credit health24.com ZIMSEC O Level Commerce Notes: Receipts and till slips

Receipt

Is issued by a seller to a buyer.
It is used to acknowledge a cash payment.
It is evidence of a cash sale.
It shows:

The names and addresses of the buyer and seller.
date […]

Comments Off

Bank Payments in Home and Internation Trade

By garikaib|2025-02-12T09:09:37+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit voanewszimbabwe.com ZIMSEC O Level Commerce Notes: Money and Banking: Bank Payments in Home and Internation Trade

Bank payments in Home Trade

Payments encountered in home trade are made via the following bank services:

Standing or stop order

Is a method of payment used to pay fixed amounts to creditor […]

Comments Off

Franchising

By garikaib|2025-02-12T09:33:09+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Nandos shop. Image credit lovealdershot.co.uk ZIMSEC O Level Commerce Notes: Retail Trade: Franchising

Franchising

A franchise is an agreement in which a retailer (franchiser) gives the right to another trader (franchisee) to use the name of the business and to sell the franchiser’s products in a given […]

Comments Off

Radio Media

By garikaib|2025-02-12T09:02:53+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Radio. Image credit sony.com ZIMSEC O Level Commerce Notes: Advertising: Radio

Radio

Provides sound
Has a personal impact on people’s emotions
Has a wide (usually national) coverage.
Advertisements can be repeated and timed.
The producer can target specific audiences for example certain advertisements can be flighted during certain programs that can appeal […]

Comments Off

February 2025