wholesale trade Archives - Free ZIMSEC & Cambridge Revision Notes

Wholesale trade

By garikaib|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 garikaib|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 garikaib|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 garikaib|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 garikaib|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 garikaib|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 garikaib|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 garikaib|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
Gallery
Commerce Notes: The Grain Marketing Board

Notes, O Level Commerce Notes, Ordinary Level Notes

Commerce Notes: The Grain Marketing Board

By garikaib|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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January 2023

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