January 2023

Money and its characteristics

By |2022-09-15T12:43:47+02:00January 24th, 2023|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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Bank Cards/Cheque Cards

By |2022-09-15T12:43:38+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

bank_card-min

ZIMSEc O Level Commerce Notes: Bank/ Cheque Cards

Cheque or Bank Card.

  • A bank card is issued to account holders by a bank.
  • It has the following information on it:
  • The name and signature of the cardholder.
  • The name of the bank which issued the card and its logo.
  • The expiry date of the card.
  • The terms and […]
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Telebanking

By |2022-09-15T12:43:38+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Telebanking. Image credit coastal24.com Telebanking. Image credit coastal24.com ZIMSEC O Level Commerce Notes: Money and Banking: Telebanking

Telebanking

  • This is a service offered by banks that allow customers to make enquiries or give instructions concerning their accounts over the phone.
  • Instructions are usually given by customers who operate call accounts.
  • When customers open call […]
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Commerce: The Communication Process

By |2022-09-15T12:30:28+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes:  Communication: The communication process

  • Communication is the secret sauce of civilisation and makes us who we are
  • Communication can be defined as the exchange of information, ideas, opinions and feelings
  • The process of communication and it’s stages can be shown on a diagram such shown below

communications_model-min The […]

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Commerce: Effective Communication

By |2022-09-15T12:30:27+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes:  Communication: Effective Communication

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Commerce: Barriers To Effective Communication

By |2022-09-15T12:30:26+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes:  Communication: Barriers To Effective Communication

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