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4049q2 Commerce

This document is a specimen paper for the Zimbabwe School Examinations Council's General Certificate of Education Ordinary Level in Commerce. It includes instructions for candidates, a breakdown of questions across two sections, and various topics related to commerce such as consumer needs, types of warehouses, and functions of money. The paper is designed to assess knowledge and understanding of commerce concepts within a two-hour timeframe.

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brandondzeka001
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3 views3 pages

4049q2 Commerce

This document is a specimen paper for the Zimbabwe School Examinations Council's General Certificate of Education Ordinary Level in Commerce. It includes instructions for candidates, a breakdown of questions across two sections, and various topics related to commerce such as consumer needs, types of warehouses, and functions of money. The paper is designed to assess knowledge and understanding of commerce concepts within a two-hour timeframe.

Uploaded by

brandondzeka001
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

ZIMBABWE SCHOOL EXAMINATIONS COUNCIL

General Certificate of Education Ordinary Level

COMMERCE 4049/2
PAPER 2 Essays 2 hours

SPECIMEN PAPER
Additional materials:
Answer booklet

INSTRUCTIONS TO CANDIDATES

Write your name, centre number and candidate number on the answer booklet provided.

Write your answers on the separate answer booklet provided.

If you use more than one booklet, fasten them 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.


Copyright: Zimbabwe School Examinations Council, Specimen paper.

ãZIMSEC Specimen paper [Turn over


2

SECTION A

Answer all questions.

1 (a) State three basic consumer needs. [3]

(b) List three types of warehouses. [3]

2 (a) Explain three features of virtual markets. [3]

(b) Name three trading blocs. [3]

3 (a) Define the term consumer. [2]

(b) Explain ‘pooling of risks’. [5]

4 (a) Explain unlimited liability. [3]

(b) Identify three ethics considered in business. [4]

5 (a) List three causes of inflation. [3]

(b) State four functions of money. [4]

6 (a) List four types of postal service. [4]

(b) State three disadvantages of pipeline in transport. [3]

4049/02 Specimen paper


3

SECTION B

Answer any three questions from this section.

7 (a) Outline five functions of each of the following middlemen:

(i) a factor, [5]

(ii) a broker. [5]

(b) Explain how small scale retailers survive competition from large
scale retailers. [10]

8 (a) Describe the services offered by Building societies. [10]

(b) Outline the importance of Zimbabwe Stock Exchange. [10]

9 (a) Outline the purposes of insurance. [10]

(b) Justify the importance of the Consumer Council of Zimbabwe. [10]

10 (a) Describe the following factors of production:

(i) land, [5]

(ii) labour. [5]

(b) Explain the functions of a granary/dura/isipala as a traditional


warehouse in Zimbabwe. [10]

11 (a) Outline reasons for the formation of the Zimbabwe Grain


Marketing Board. [10]

(b) Distinguish between private limited companies and public limited


companies. [10]

12 (a) Mbare Musika is one of the major trading market for green
vegetables in Zimbabwe.

Outline five advantages and five disadvantages of Mbare Musika


as a physical market. [10]

(b) Justify the need for ethics in a society. [10]

13 (a) Outline the importance of communication in business. [10]

(b) Explain the factors that are considered by a tobacco farmer in


choosing a mode of transport to carry tobacco. [10]
4049/02 Specimen paper

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