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ZIMSEC Specimen Paper for Commerce Exam

The document is a specimen paper for the F3 Mid Year Examination 2025 in Commerce, consisting of two sections: Section A with multiple questions requiring short answers and Section B with essay questions. Candidates are instructed to answer all questions in Section A and any three from Section B within a 2-hour time limit. The paper includes various topics related to production, consumer protection, business planning, and marketing.

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Dennis Junior Kazitapita
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708 views5 pages

ZIMSEC Specimen Paper for Commerce Exam

The document is a specimen paper for the F3 Mid Year Examination 2025 in Commerce, consisting of two sections: Section A with multiple questions requiring short answers and Section B with essay questions. Candidates are instructed to answer all questions in Section A and any three from Section B within a 2-hour time limit. The paper includes various topics related to production, consumer protection, business planning, and marketing.

Uploaded by

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

INNOVATE INSTITUTE

F3 MID YEAR EXAMINATION 2025

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]
3

4049/2 Specimen Paper

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
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4049/2 Specimen Paper

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