February 2025

Private Business Corporation

By |2025-02-12T09:14:23+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit rainregain.com Image credit rainregain.com ZIMSEC O Level Commerce Notes: Private Business Corporation

Private Business Corporation

  • found in the private sector.
  • Governed by the Private Business Corporation Act of 1993.
  • A cross between partnerships and limited companies.
  • A legal entity or body corporate which can sue or be sued in its own name.
  • Formed by […]
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Cambrige Notes: Differences between Ordinary and Preference Shares

By |2025-02-12T09:07:48+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Differences between Ordinary and Preference Shares

To access more topics go to the Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes.

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Financial Insitutions

By |2025-02-12T09:33:25+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

BancABC bank. Image credit thestandard.co.zw BancABC bank. Image credit thestandard.co.zw ZIMSEC O Level Commerce : Financial Institutions Click on any institution to read more about it. Click on an institution to read more about it.

Financial institutions

  • These are entities that provide financial services to people and other businesses.

Types of Financial […]

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Advantages and disadvantages of small scale retailers

By |2025-02-12T09:19:10+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Small scale traders at Mbare Musika. Image credit skyscapercity.com Small scale traders at Mbare Musika. Image credit skyscapercity.com ZIMSEC O Level Commerce Notes: Retail Trade: Advantages and Disadvantages of small scale retailers

Advantages of small scale retailers to Consumers

  •  open for long hours or even during holidays
  • sell a variety of goods
  • cater for individual tastes
  • sell […]
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Manufacturer’s warehouse depot

By |2025-02-12T09:40:11+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Warehousing|

Tools in a  warehouse. Image credit tools-warehouse.co.uk Tools in a warehouse. Image credit tools-warehouse.co.uk ZIMSEC O Level Commerce Notes: Warehousing: Manufacturer’s warehouse depot

Manufacturers’s warehouse depot

  • They are used to store equipment and spares.
  • They are used to store finished manufactured goods.
  • They are used to store raw materials to be used in the […]
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Other advertising media

By |2025-02-12T09:08:14+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Goods on display. Image credit retaildesignblog.net Goods on a window display. Image credit retaildesignblog.net ZIMSEC O Level Commerce Notes: Advertising: Other advertising media

Window displays

  • These cover window displays and other displays within the shops themselves.
  • Are aimed at customers who wlk in and out of the shop.
  • The displays are meant to encourage […]
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Telephone

By |2025-02-12T09:41:53+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit globe-views.com Image credit globe-views.com ZIMSEC O Level Commerce Notes: Communication: Telephone

Telephone

  • Rented from Tel One.
  • Allows dialogue between the parties involved.
  • Replies are immediate if the person is present to receive the phone call.
  • Calls can be dialed directly using STD.
  • Calls can be made locally or internationally.
  • Subscribers are allocated unique numbers.
  • Subscriber’s numbers […]
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Vehicle Insurance

By |2025-02-12T09:07:50+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit netcarshow.com Image credit netcarshow.com ZIMSEC O Level Commerce Notes page: Insurance: Vehicle Insurance

Vehicle insurance.

  • There are many types of vehicle insurance viz:

Third party insurance

  • Is compulsory under the Road Traffic Act (RTA)
  • Applies to motor vehicle insurance.
  • Covers claims from the public who may be injured by the vehicle.
  • Covers public property damaged […]
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