February 2025

Advertising techniques

By |2025-02-12T09:14:00+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Romantic Wine advertisement. Image credit forwallpaper.com Romantic Wine advertisement. Image credit forwallpaper.com ZIMSEC O Level Commerce Notes: Advertising: Techniques used in advertising

Techniques used in advertising

  • In order to make advertising more effective and appealing to consumers various techniques are employed including:
  • Ambition-This is when a successful person is sued to advertise the […]
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Documents used in shipping: Charter Party

By |2025-02-12T09:29:03+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

A time charter. Image credit lawandsea.net A time charter. Image credit lawandsea.net ZIMSEC O Level Commerce Notes: Transport: Documents used in shipping: Charter Party

Charter Party.

  • A contract document used to hire a ship for example tramp ships.
  • It can be known as a voyage charter when hiring a ramp for a specific […]
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Cellphone

By |2025-02-12T09:45:37+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Examples of modern day cellphones. Image credit egadget.com Examples of modern day cellphones. Image credit egadget.com ZIMSEC O Level Commerce Notes: Communication: Cellphone

Cellular telephone.

  • Used when speed is required.
  • Allows dialogue.
  • Subscriber can dial or receive calls from another subscriber or telephone subscribers
  • Can receive multiple calls at the same time by putting them […]
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Cable (telegraphic) money transfer

By |2025-02-12T09:42:17+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit kanooncurrency.co.uk Image credit kanooncurrency.co.uk ZIMSEC O Level Commerce Notes: Cable (telegraphic) money transfer

  • A method of sending and receiving payments.
  • Payments are made using telegraph,cable or telephone.
  • Payment is made in foreign currency.
  • Money is transferred from the debtor’s (importer’s) account to the creditor’s (exporter’s) account.
  • A safe and fast way of making payments.
  • Money […]
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Public Limited Companies

By |2025-02-12T09:05:46+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Principles of Accounts Notes|

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

Formation

  • Membership is open to the public.
  • Membership is by invitation through a prospectus.
  • Formed by at least two shareholders and there is no upper limit.
  • Governed by the Companies Act.
  • The founding […]
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Local Authorities

By |2025-02-12T09:18:01+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Harare city council. Image credit bulawayo24.com Harare city council. Image credit financialgazette.co.zw ZIMSEC O Level Commerce Notes: Local Authorities

Local authorities

  • Can be a city ( e.g. Harare City Council), rural ( e.g. Mutasa District Council) or district council.
  • Are controlled by the central government.
  • Owned by the local government.
  • Set up to administer a […]
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Importance of Insurance

By |2025-02-12T09:32:05+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit anu.edu.au Image credit anu.edu.au ZIMSEC O Level Commerce Notes: Importance of Aids to trade: Insurance

Insurance

  • Provides health insurance cover through medical aid scheme and covers:
  • against risks of loss of goods due to fire or theft
  • employees at work through employer’s liability
  • goods in transit
  • embezzlement of funds through fidelity guarantee policy.
  • Bad debts through […]
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Commerce: Management Functions: Planning

By |2025-02-12T09:23:44+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Management Functions: Planning

  • In the introduction we looked at management is
  • To reiterate management can be defined as doing work through others
  • It can also be defined in terms of the functions/duties of a manager
  • Management as an organisational/business activity that involves the planning, organizing, leading/commanding, controlling and coordinating of the […]
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