January 2023

Small scale Retailers

By |2022-09-15T12:43:31+02:00January 24th, 2023|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 |2022-09-15T12:43:31+02:00January 24th, 2023|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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Supermarkets

By |2022-09-15T12:43:30+02:00January 24th, 2023|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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Hypermarket

By |2022-09-15T12:43:30+02:00January 24th, 2023|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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Department Store

By |2022-09-15T12:43:29+02:00January 24th, 2023|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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Multiple shop

By |2022-09-15T12:43:29+02:00January 24th, 2023|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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Discount stores, Voluntary Chains and Tied shops

By |2022-09-15T12:43:27+02:00January 24th, 2023|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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Trade and Cash discounts

By |2022-09-15T12:43:26+02:00January 24th, 2023|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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