commerce notes Archives - Page 6 of 22 - Free ZIMSEC & Cambridge Revision Notes

Advantages and disadvantages of Public corporations/ Parastatals

By garikaib|2025-02-12T09:17:25+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Megawatt building. Image credit newsday.co.zw ZIMSEC O Level Commerce Notes: Advantages and disadvantages of Public corporations/ Parastatals

Advantages

The government controls the provision of strategic products.
Provides products at cheap prices.
Provides employment to people.
Reduces duplication of resources .
Enjoy limited liability.
Implement government policies i.e. in terms of setting the […]

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Importance of Banking

By garikaib|2025-02-12T09:31:26+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit voanewszimbabwe.com ZIMSEC O Level Commerce Notes: Aids to Trade: Banking

Banking

Enables making of payments.
Enables receiving of payment through cheques, stop order or bill of exchange.
Keeps money safe through current, savings, deposit and fixed accounts.
Acts as trustees and executors.
Acts as underwriters when they buy unsubscribed shares of public […]

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Commerce: Management Functions: Leading/Commanding
Gallery
Commerce: Management Functions: Leading/Commanding

Notes, O Level Commerce Notes, Ordinary Level Notes

Commerce: Management Functions: Leading/Commanding

By garikaib|2025-02-12T09:22:18+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes:Management Functions: Leading/Commanding

As already said in the introduction to management
Management is defined in simple terms as the art of doing work through others
It involves five functions namely:
- Planning
- Organising
- Leading/Commanding
- Coordinating
- Controlling
These are often called the five functions of management
In this section, we will talk about leading/commanding

[…]

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Delivery Note and Consignment Note

By garikaib|2025-02-12T09:10:50+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Delivery Note. Image credit spreadsheet123.com ZIMSEC Commerce Notes: Delivery Note and Consignment Note

Delivery Note

Is issued by a supplier to the buyer.
It is written in duplicate
It is used when the seller uses their own transport to deliver goods.
It is sent with the goods.
It is sued to […]

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Credit Cards

By garikaib|2025-02-12T09:43:34+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Details on a credit card. Image credit psdgraphics.com ZIMSEC O Level Commerce Notes: Money and Banking: Credit Cards

Bank Credit Cards

They all a customer or cardholder to buy on credit up to a limited amount on card.
Are used to draw cash from the […]

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Multiple shop

By garikaib|2025-02-12T09:24:24+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Bata shop. Image credit Batashop.com.sg ZIMSEC O Level Commerce Notes: Retail Trade: Multiple shop

Multiple shop

located in busy shopping centres
a shop with several branches e.g Edgars
all branches have similar shop fronts and use same name for easy recognition
all branches have similar layouts
sells narrow range of products […]

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Other types of warehouses

By garikaib|2025-02-12T09:45:55+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Warehousing|

Goods in a removals warehouse. Image credit office-removals.co.uk ZIMSEC O Level Commerce Notes: Warehousing: Other types of Warehouses

Distribution warehouse

They are used by manufacturers who cannot afford to have their own warehouse to store goods such as clothes and electrical appliances.
They are used […]

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Advertising techniques

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

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 garikaib|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 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 garikaib|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 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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February 2025