July 2015

Trade and Cash discounts

By |2017-01-17T11:20:51+02:00July 4th, 2015|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit seawaytrail.com

Image credit seawaytrail.com ZIMSEC O Level Commerce Notes: Retail Trade: Trade and Cash discounts

Trade discount

  • a gross deduction from the gross invoice or catalog price
  • given by one trader to another
  • varies with the quantity and type of goods purchased and is deducted at the point of sale
  • usually the rate […]

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Discount stores, Voluntary Chains and Tied shops

By |2018-08-15T09:13:14+02:00July 4th, 2015|Notes, O Level Commerce Notes, Ordinary Level Notes|

Spar Joina City. Image credit innscorafrica.com

Spar Joina City. Image credit innscorafrica.com ZIMSEC O Level Commerce Notes: Retail Trade: Discount stores and Voluntary Chains

Discount Stores

  • a large-scale retail outlet found in and private sector
  • locate in busy shopping areas and out of city centres
  • sells household goods such as electrical appliances
  • operates from cheap […]

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Mail order firm

By |2017-01-17T11:20:54+02:00July 4th, 2015|Notes, O Level Commerce Notes, Ordinary Level Notes|

Harare Main Post Office. Image credit thezimbabwean.co

Harare Main Post Office. Image credit thezimbabwean.co ZIMSEC O Level Commerce Notes: Retail Trade: Mail Order firm

Mail order firm

  • a large scale retail outlet found in the private sector
  • located in the industrial area or outskirts of a town
  • operates from a warehouse
  • does not need expensive […]

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Retail cooperative society

By |2017-01-17T11:20:54+02:00July 4th, 2015|Notes, O Level Commerce Notes, Ordinary Level Notes|

Farm and City is an example of a retail cooperative society. Image credit herald.co.zw

Farm and City is an example of a retail cooperative society. Image credit herald.co.zw ZIMSEC O Level Commerce Notes: Retail Trade: Retail Cooperative Society.

Retail cooperative society

  • a large scale retail outlet found in the private sector
  • formed by […]

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Multiple shop

By |2017-01-17T11:20:55+02:00July 4th, 2015|Notes, O Level Commerce Notes, Ordinary Level Notes|

Bata shop. Image credit Batashop.com.sg

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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Department Store

By |2017-01-17T11:20:56+02:00July 4th, 2015|Notes, O Level Commerce Notes, Ordinary Level Notes|

Greatermans. Image credit finacialgazette.co.zw

Greatermans. Image credit finacialgazette.co.zw ZIMSEC O Level Commerce Notes: Retail Trade: Department store

Department store

  • a multistory building with several shops under one roof
  • located in the city centre where land is more expensive
  • sells a wide range of goods in different  departments
  • each department sells one line of goods
  • the buyer […]

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Hypermarket

By |2017-09-20T11:54:16+02:00July 4th, 2015|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Retail Trade: Hypermarket

Hypermarket

  • a large shop with a minimum selling space of 4500 square metres
  • situated on the outskirts of town where:
    1. land is cheap and plentiful
    2. there are good communication links such as roads
  • provides a car park
  • sells foodstuffs and household goods
  • sells gods at low prices( Small Profit Quick Returns […]

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Supermarkets

By |2017-01-17T11:20:57+02:00July 4th, 2015|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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Small scale Retailers

By |2017-01-17T11:20:58+02:00July 4th, 2015|Notes, O Level Commerce Notes, Ordinary Level Notes|

Roadside Vendors are quite popular along Harare's roads

Roadside Vendors are quite popular along Harare’s roads. Picture by Celebrity

  ZIMSEC O Level Commerce Notes: Retail trade: small scale retailers. ZIMSEC O Level Commerce Notes: Retail trade: small scale retailers.

Small scale retailers

  • are usually owned by individuals
  • are found in the private […]

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Advantages and disadvantages of small scale retailers

By |2017-01-17T11:20:59+02:00July 4th, 2015|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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