January 2023

Wholesale trade

By |2022-09-15T12:42:43+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

A chain of distribution for a wholesaler business. A chain of distribution for a wholesaler business. ZIMSEC O Level Commerce Notes: Wholesale Trade

Wholesale trade

  • Includes all the various activities that involve the selling of goods to traders for resale to the final user (consumer).
  • Wholesalers buy goods in bulk from several manufactures which […]
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Functions of Wholesale trade: To the retailers and consumers

By |2022-09-15T12:42:42+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Wholesale shop. Image credit enforcecoveragegroup.com Wholesale shop. Image credit enforcecoveragegroup.com ZIMSEC O Level Commerce Notes: Wholesale Trade: Functions of Wholesale trade:To the retailers and consumers

To the retailer

  • The wholesaler:
  • Buys in bulk from several manufacturers and producers.
  • Breaks bulk for retailers i.e. sells goods to retailers in smaller quantities.
  • Provides retailers with a wider […]
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Functions of wholesalers: To producers and manufactures

By |2022-09-15T12:42:42+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Wholesale shop. Image credit stocktraque.com Wholesale shop. Image credit stocktraque.com ZIMSEC O Level Commerce Notes: Wholesale Trade: Functions of wholesalers: To producers and manufactures

To the producers/manufacturers

  • The wholesaler:
  • Collects orders from numerous retailers.
  • Provides manufacturers with market information on consumer want and competitor activities.
  • Stores finished products.
  • Clears manufacturer’s production lines thus allowing manufacturers and […]
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Cash and carry wholesalers

By |2022-09-15T12:42:41+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Wholesale shop. Image credit link51.com Wholesale shop. Image credit link51.com ZIMSEC O Level Commerce Notes: Wholesale Trade: Cash and carry wholesalers

  • These wholesalers:
  • Sell goods on a cash and carry basis.
  • Sell both retailers and consumers i.e. they sell goods in bulk and case lots.
  • Use self-service methods of selling.
  • Display goods.
  • Have check-out points.
  • Have security measures.
  • Sell […]
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Traditional/General Wholesalers

By |2022-09-15T12:42:41+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Wholesale shop. Image credit fool.com Wholesale shop. Image credit fool.com ZIMSEC O Level Commerce Notes: Wholesale Trade: Traditional/General Wholesalers

Traditional or General wholesalers.

  • These wholesalers:
  • Provide a wide range of merchandise or goods.
  • Store goods.
  • Pay cash to manufacturers (finance the manufacturers)
  • Sell on credit to retailers.
  • Provide transport to retailers.
  • Employ sales representatives.
  • Provide information and advice to […]
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Specialists wholesalers and Cooperative wholesale societies

By |2022-09-15T12:42:40+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Vegetable and Fruit wholesale shop. Image credit udon-news.com Vegetable and Fruit wholesale shop. Image credit udon-news.com ZIMSEC O Level Commerce Notes: Wholesale Trade: Specialists wholesalers and Cooperative wholesale societies

Specialist wholesalers.

  • These wholesalers:
  • Specialise or are experts on one line of products e.g. sale of fruits like FAVCO.
  • Offer expert advice to customers on […]
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Reasons for the elimination of wholesalers

By |2022-09-15T12:42:40+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Large retail shop. Image credit siemens.com Large retail shop. Image credit siemens.com ZIMSEC O Level Commerce Notes: Wholesale Trade: Reasons for the elimination of wholesalers

Reasons for the elimination of the wholesaler.

  • Bulk buying by large scale retail organisations such as multiple shops, hypermarkets and department stores who have:
  • Adequate capital to buy on cash
  • Have […]
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Marketing Boards

By |2022-09-15T12:42:40+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Tobacco field. Image credit MediaWiki Tobacco field. Image credit MediaWiki ZIMSEC O Level Commerce Notes: Wholesale Trade: Marketing Boards

Reasons for setting up Marketing Boards.

  • These are set up by the government for the following reasons:
  • To store agricultural produce.
  • To reduce monopolies in the selling a certain strategic goods.
  • To control the selling and buying […]
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Commerce Notes: The Grain Marketing Board

By |2022-09-15T12:32:40+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Wholesale Trade:The Grain Marketing Board

  • It buys and sells grain from farmers
  • It sells grain to consumers, millers and importers
  • It stores grain in its silos
  • It evens out the supply of grain
  • Prevents shortages of grain
  • Controls the price of grain
  • Collects grain from farmers
  • Controls the price of grain
  • Collects grain from […]
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