July 2015

Retailers and their functions

By |2022-09-15T12:43:32+02:00July 4th, 2015|Notes, O Level Commerce Notes, Ordinary Level Notes|

OK Zimbabwe operates one of the country's most popular retail chains

OK Zimbabwe operates one of the country’s most popular retail chains. Image from the Chronicle. ZIMSEC O Level Commerce Notes: Retail Trade: Retailers and their functions
  • Retail means to cut into small pieces or to reduce to smaller quantities.
  • A […]

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June 2015

Money and its characteristics

By |2022-09-15T12:43:47+02:00June 29th, 2015|Notes, O Level Commerce Notes, Ordinary Level Notes|

Money. Image credit noirg.org

Money. Image credit noirg.org ZIMSEC O Level Commerce Notes: Money and its characteristics
  • Money was developed to overcome some of the problems of barter trade.
  • There are many forms of money viz:
  • Bank notes and coins
  • Cheques
  • Money orders
  • Bills of exchange
  • Postal Orders

Legal tender

  • Bank notes and coins are legal tender.
  • These are issued […]

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