Commerce Notes 1012 Pdf [portable] Download Zambia Exclusive Jun 2026

Facilitates the rapid exchange of business information via internet, email, and telecommunications. 🌍 Section 3: International Trade

Advantages and disadvantages of single-owner businesses.

The impact of tariffs, quotas, and regional blocs like SADC and COMESA on Zambian businesses. 4. Public and Private Business Organizations

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To protect local infant industries and manage the economy, governments use trade barriers:

Hawkers, market traders, tuck shops, and mobile vendors.

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Consumers need protection from unfair business practices like expired goods, false advertising, and overpricing.

Selling goods directly to the final consumer. This includes small-scale retailers (hawkers, mobile shops) and large-scale retailers (supermarkets, department stores).

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More capital pooling, shared workload, combined skills.

The actual buying and selling of goods and services. It is subdivided into Home Trade (Retail and Wholesale within Zambia) and Foreign Trade (Import and Export across Zambian borders).

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