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    ZIMSEC O Level Commerce 4049q2 Specimen - WXlNTiqA039c1Jq

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    ZIMSEC O Level Commerce 4049q2 Specimen - WXlNTiqA039c1Jq

    Uploaded by

    Menson
    6K views4 pages

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    ZIMSEC-O-Level-Commerce-4049q2-Specimen_WXlNTiqA039c1Jq

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    © All Rights Reserved
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    6K views4 pages

    ZIMSEC O Level Commerce 4049q2 Specimen - WXlNTiqA039c1Jq

    Uploaded by

    Menson

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4

    ZIMBABWE SCHOOL EXAMINATIONS COUNCIL

    General Certificate of Education Ordinary Level

    COMMERCE 4049/2
    PAPER 2 Essays

    SPECIMEN PAPER 2 hours

    Additional materials:
    Answer paper

    Time 2 hours
    INSTRUCTIONS TO CANDIDATES
    Write your name, Centre number and candidate number on the answer paper provided.

    Answer all questions in Section A and any three questions from Section B. Answers in
    Section B must be in essay form.

    Write your answers on the separate answer paper provided.

    If you use more than one sheet of paper, fasten the sheets together.

    INFORMATION FOR CANDIDATES

    The number of marks is given in brackets [ ] at the end of each question or part question.

    _________________________________________________________________________
    This specimen paper consists of 3 printed pages and 1 blank page.
    Copyright: Zimbabwe School Examinations Council, Specimen Paper.
    ÓZIMSEC Specimen Paper [Turn over
    2
    SECTION A [40 Marks]

    Answer all questions.

    1 (a) State the two types of production. [2]

    (b) Name one factor of production and its reward. [2]

    (c) Complete the chain of distribution.

    Producer Wholesaler _____________ Consumer. [1]

    (d) Identify any three advantages of warehousing to the consumer. [3]

    2 (a) Outline any three methods used by a government to protect consumers. [3]

    (b) How can a producer use the price of a product in market segmentation? [2]

    3 (a) Which information about a product is shown in a business plan? [3]

    (b) Explain the differences between shares and debentures. [4]

    4 (a) Outline three types of general crossing which can be used on a cheque. [3]

    (b) A trader has a gross profit of $20 000, turnover of $52 000 and expenses
    amounting to $7 000.

    Use the figures given above to calculate the net profit. Show your working. [2]

    (c) What is the importance of working capital to a business? [2]

    5 (a) Explain the term assurance. [2]

    (b) State the purposes of a proposal form in insurance. [4]

    6 (a) Outline any three advantages of a franking machine. [3]

    (b) Give the differences between tramps and liners in sea transport. [4]

    4049/2 Specimen Paper


    3
    SECTION B [60 Marks]
    Answer any three questions.

    7 (a) Describe the external factors of a business environment. [10]

    (b) Distinguish direct production from indirect production. [10]

    8 (a) Explain the benefits of exports to Zimbabwe. [10]

    (b) Discuss the reasons why small scale retailers have continued to survive
    despite competition from large scale retailers. [10]

    9 (a) Discuss consumer rights. [10]

    (b) Outline consumer responsibilities. [10]

    10 (a) Explain the functions of a Traders Association. [10]

    (b) Describe the 4 P’s of a marketing mix. [10]

    11 (a) Explain the reasons why a bank might dishonour a cheque. [10]

    (b) Discuss the roles of the World Bank in developing countries. [10]

    12 (a) How does the Export Credit Guarantee Corporation (ECGC) assist
    exporters? [10]

    (b) Examine the benefits of assurance policies. [10]

    13 (a) Outline the facilities provided by a seaport authority. [10]

    (b) Describe the importance of internet to a trader. [10]

    4049/2 Specimen Paper


    4

    BLANK PAGE

    4049/2 Specimen Paper

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