February 2025

Commerce: Benefits of Beneficiation And Value Addition

By |2025-02-12T09:40:45+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Benefits of Beneficiation And Value Addition

  • The meaning and nature of beneficiation and value addition can be found here
  • Value addition refers to the enhancement of a product’s value usually through the manufacturing process
  • Beneficiation refers to value addition in the mining sector
  • There are benefits to carrying out beneficiation and […]
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Commerce: Beneficiation And Value Addition/ Added Value

By |2025-02-12T09:30:49+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Beneficiation And Value Addition/ Added Value

  • One of the reasons why developing countries lag behind developed countries is due to the imbalance of trade
  • Developing countries export mainly raw unprocessed materials which have a low price per unit
  • On the other hand developed countries export back high value processed materials
  • This means […]
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