commerce notes Archives - Page 2 of 22 - Free ZIMSEC & Cambridge Revision Notes

PBC: Statement of Incorporation

By garikaib|2025-02-12T09:15:05+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit resourcefulrealacademy.com ZIMSEC O Level Commerce Notes: PBC: Incorporation Statement

Is prepared and drafted by a PBC.
Contains:
the name of the PBC ending with the words Private Business Corporation or PBC.
Postal address of the PBC.
Physical address of the registered office.
Full name and National Identity number of each […]

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Importance of Transport

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

An oil pipeline. Image credit MediaWiki ZIMSEC O Level Commerce Notes: Aids to Trade: Transport

Enables one to carry:
raw materials.
Finished goods.
Partly finished goods.
Spare parts.
Equipment and machinery.
Executives.
Sales persons whilst at work.
Workers to and from work.
Can be used to advertise.
Goods can be carried by road, rail, air,sea, pipeline.
Ives […]

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Commerce: Effective Communication
Gallery
Commerce: Effective Communication

Notes, O Level Commerce Notes, Ordinary Level Notes

Commerce: Effective Communication

By garikaib|2025-02-12T08:59:17+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Communication: Effective Communication

We have already looked at the basics of the communication process here
As mentioned in that introduction communication occurs between a sender and receiver
We have also looked at the importance of communication to commerce and businesses here
For communication to be useful it has to be effective
Communication […]

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Building Societies

By garikaib|2025-02-12T09:34:53+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Principles of Accounts Notes|

FBC Building Society. Image credit businessdaily.co.zw ZIMSEC O Level Commerce Notes: Money and Banking: Building Societies

Building Societies

Is a type of a financial institution.
A building society is a financial organization which pays interest on investments by its members and lends capital for the purchase or […]

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Supermarkets

By garikaib|2025-02-12T09:20:35+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

PicknPay supermaket. Picture by Source PicknPay supermarket. Picture by Source

ZIMSEC O Level Commerce Notes: Retail Trade: Supermarkets

Supermarket

A large shop with a minimum floor area of 186 square meters, sells household goods and grocery on a cash and carry basis. They are mainly situated in busy areas like suburbs and […]

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Wholesale warehouse

By garikaib|2025-02-12T09:41:01+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Warehousing|

Wholesale warehouse. Image credit flexport.com ZIMSEC O Level Commerce Notes: Warehousing: Wholesale warehouse

Wholesale warehouse

Are used to store a variety of goods from different manufacturers.
Goods are stored in bulk.
Enables goods to be graded and packed.
Can be used to allow goods e.g. wine and other similar beverages […]

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The influence of prepackaging and branding on advertising

By garikaib|2025-02-12T09:08:54+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Packaging. Image credit tablet-news.net ZIMSEC O Level Commerce Notes: Advertising: The influence of prepackaging and branding on advertising

HOW BRANDING HAS INFLUENCED ADVERTISING?

Branding goods makes them easier to identify.
Because goods are given names or trademarks that distinguish them from each other.
Branding makes goods attractive to consumers.
Goods basically advertise themselves […]

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Oil Bulk Ore (O.B.O) Ships

By garikaib|2025-02-12T09:26:28+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

Sabrina I, a bulk carrier. Image credit MediaWiki ZIMSEC O Level Commerce Notes: Transport: Oil Bulk Ore (O.B.O) Ships

Bulk Carriers

They are also known as Bulk Carriers.
They are a specialised type of ship (tankers) which carry special types of cargo.
These are bulk carrier […]

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Telex and Videoconferencing

By garikaib|2025-02-12T09:42:56+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Video conference room. Image credit colortone-av.com ZIMSEC O Level Commerce Notes: Communication: Telex and Teleconferencing

Telex

Uses a teleprinter and a telephone.
Messages can be received even if the office is closed.
Can operate unattended.
Provides a written record.
Has a telex number
The message can be corrected before sending it.

Video […]

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Marine Insurance

By garikaib|2025-02-12T09:08:02+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit nauticalexpo.com Image credit nauticalexpo.com ZIMSEC O Level Commerce Notes: Insurance: Marine Insurance

Marine insurance

Covers against losses occurring at sea.

Cargo insurance

Covers against loss of goods transported by sea or goods transported by ships at sea.
Covers against damages or loss of goods during transportation.
Can be voyage policy ie. Cargo is insured […]

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February 2025