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ZIMBABWE SCHOOL EXAMINATIONS COUNCIL

General Certificate of Education Advanced Level

BUSINESS STUDIES 6025/2


PAPER 2
SPECIMEN PAPER 3 hours

Additional materials:
Answer paper

TIME 3 hours

INSTRUCTIONS TO CANDIDATES
Write your name, Centre number and candidate number in the spaces provided on the answer
paper/answer booklet.

Answer all questions in Section A and any three from Section B.

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.

You are advised to spend not more than 45 minutes on Section A.

The businesses described in this paper are entirely fictitious.

You are reminded of the need for good English and clear presentation in your answers.

Calculators may be used.

________________________________________________________________________________
This question paper consists of 4 printed pages.

Copyright: Zimbabwe School Examinations Council, Specimen paper.

©ZIMSEC Specimen paper [Turn over


2
Section A: Data response [25 marks]

1. Read the passage below and answer all the questions that follow.

Mobread Bakery produces bread, cakes, scones and buns for both domestic and export
market. The bakery sources most of its raw materials locally, except packaging
materials, which are imported. Mobread bakery management is contented with its rich
product portfolio that has been generating high sales and profits over the years.

However, recent fluctuations in the exchange rate have led to a fall in sales and profit.
In an attempt to reduce the negative impact of the exchange rate fluctuations
management is contemplating revising the bakery’s marketing strategy. Management
can either reduce the price of its bread or increase promotional effort.

If management reduces the price of bread, the effect on sales is shown in Table 1.

Table 1

Price($) Sales(Units)

1 200 000

0,8 230 000

On the other hand, if management increases its promotional effort, the effect on sales
is as shown in Table 2.

Table 2
Promotional Expenditure Sales
($) (Units)

50 000 200 000

55 000 250 000

Management intends to use the above information to come up with an


appropriate marketing strategy.

(a) Define the meaning of the term product portfolio as used in the
passage. [3]

(b) Calculate:

(i) price elasticity of demand from Table 1. [3]

6025/2 Specimen paper


3
1 (b) (ii) promotional elasticity of demand from Table 2. [3]

(c) Explain how management might use calculations in (b) above to


make decisions. [6]

(d) Discuss the effect of exchange rate fluctuations on businesses such


as Mobread Bakery. [10]

Section B: [75 Marks]

Answer any three questions from this section.

2 Discuss the impact of government economic policies on businesses. [25]

3 Two clothes manufacturing are proposing to merge.

(a) Explain the possible reasons that could be put forward to justify this
merger. [10]

(b) Critically examine how stakeholders of the two firms might view this
proposed merger. [15]

4 To what extent is the human resource function important to a business? [25]

5 Examine the extent to which financial incentives constitute the most


important factor in determining worker productivity. [25]

6 A Multinational manufacturer of cell phones is about to launch a new


smart phone in your country.

(a) Explain the factors that might affect the success of the launch of
the smart phone. [10]

(b) Evaluate a marketing strategy the manufacturer might use to


successfully launch the smart phone. [15]

7 (a) Analyse the factors that influence stock levels a firm might hold. [10]

(b) Evaluate the significance of the Just-in Time production system. [15]

6025/2 Specimen paper


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4

8 (a) “Profitable firms do not have cash flow problems.”

Explain why this statement is not necessarily true. [12]

(b) Evaluate the usefulness of ratio analysis to managers and


shareholders. [13]

9 A large car-manufacturing business is considering purchasing new state


of the art machinery.

(a) Examine the factors that might influence management’s choice of


sources of finance. [10]

(b) Discuss the appropriateness of equity finance to the car manufacturer. [15]

10 Assess the importance of the following decision making techniques to a


business:

(a) network analysis, [9]

(b) value analysis, [8]

(c) blending. [8]

6025/2 Specimen paper


ZIMBABWE SCHOOL EXAMINATIONS COUNCIL
General Certificate of Education Advanced Level

BUSINESS STUDIES 6025/1


PAPER 1
SPECIMEN PAPER 3 hours

Additional materials:
Answer paper

TIME 3 hours

INSTRUCTIONS TO CANDIDATES
Write your name, centre number and candidate number in the spaces provided on the answer
paper/answer booklet.

Answer all questions.

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.

You are advised to spend not more than 45 minutes on Section A.

The businesses described in this paper are entirely fictitious.

You are reminded of the need for good English and clear presentation in your answers.

Calculators may be used.

________________________________________________________________________________
This question paper consists of 4 printed pages.

Copyright: Zimbabwe School Examinations Council, Specimen paper.

©ZIMSEC Specimen paper [Turn over


2

Section A: [70 marks]

Answer all questions.

1 (a) Define management by objectives. [2]

(b) Identify any two internal economies of scale. [2]

2 (a) State any two forms of assistance given to small businesses by the
government of your country. [2]

(b) Assess the importance of parastatals to the economy of your country. [4]

3 Explain any three qualities of a good leader. [6]

4 (a) Name any two methods of communication. [2]

(b) Discuss the impact of informal communication to a clothing


manufacturing firm. [5]

5 (a) What is meant by the term demand? [2]

(b) To what extent is the Product Life Cycle (PLC) concept useful to a
marketing manager? [4]

6 (a) Why might a firm find it beneficial to carry out market research? [4]

(b) Discuss the importance of market segmentation to a sportswear supplier. [5]

7 Distinguish between Last In First Out (LIFO) and First In First Out (FIFO)
methods of stock valuation. [4]

8 (a) Explain any two factors which influence the choice of source of finance
to be used by a business. [4]

(b) Analyse the possible drawbacks to a firm of increasing cash inflows by


selling idle assets. [4]

6025/1 Specimen paper


3

9 (a) A textile firm is considering to undertake a project whose initial outlay


and future cashflows are given below:

YEAR NET CASHFLOW($)


0 (100 000)
1 20 000
2 20 000
3 30 000
4 50 000
5 25 000

(i) Calculate the Average Rate of Return (ARR). [4]

(ii) If their criterion rate is 10%, advise the textile firm on whether or not it
should accept the project. [2]

10 Show the importance of critical path analysis to a construction company. [5]

11. Evaluate the significance to a car manufacturer of adopting the Just-In-Time


system of stock control [4]

12. How useful is rationalisation to a firm operating in a recessionary economy? [5]

Section B [30 Marks]

Read the following case study and answer all the questions that follow.

Better Trading Enterprises

Banga is a former employee of a large reputable supermarket in Bulawayo. He worked


there for fifteen years as a buyer. In 2004, he was retrenched and decided to use his
retirement package and vast experience in supermarket activities to open a general
dealer`s shop trading as Better Trading Enterprises (BTE).

BTE was opened to members of the public ten years ago. Jean and John, Mr Banga`s
children, who were school leavers, were the shop assistants. The business enjoyed
monopoly during the first five years with sales and profits increasing. Banga managed
to expand his business and is now operating four other shops in rented premises in
different locations. The business now has a staff complement of sixteen employees,
mainly school leavers from the local communities.

BTE is now reeling from stiff competition exerted by recently established supermarkets
in addition to increasing operational costs.

6025/1 Specimen paper


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4

Mr Banga has then consulted experts from the Ministry of Small and Medium
Enterprises on strategic business ideas which will enable the business to continue
thriving despite stiff competition. The experts advised him to cut on rental costs by
constructing own buildings and either continue trading as Better Trading Enterprises or
opt for a franchise.

13 (a) Explain the advantages that Better Trading Enterprises enjoy as a small
business. [6]

(b) Discuss the benefits that will be enjoyed by Better Trading Enterprises
if Mr Banga decides to opt for a franchise. [8]

14. Analyse other strategies that Better Trading Enterprises can employ to
survive stiff competition. [8]

15. Evaluate the sources of finance that can be used by Mr Banga to construct
buildings for his business. [8]

6025/1 Specimen paper


ZIMBABWE SCHOOL EXAMINATIONS COUNCIL
General Certificate of Education Advanced Level

BUSINESS ENTERPRISE SKILLS 6004/2


PAPER 2 ESSAYS

SPECIMEN PAPER 2 hours

TIME 2 hours

INSTRUCTIONS TO CANDIDATES

Do not open this booklet until you are told to do so.

Write your name, Centre number and candidate number on the answer sheet in the spaces provided
unless this has already been done for you.

Answer any four (4) questions.

Read very carefully the instructions on the answer sheet.

INFORMATION FOR CANDIDATES

This question paper consists of 2 printed pages.


Copyright: Zimbabwe School Examinations Council, Specimen paper.

ZIMSEC Specimen paper [Turn over


2

Answer any four (4) questions.

1. Evaluate the impact of MNCs to the host country. [25]

2. (a) Explain the need for resources in an enterprise. [10]

(b) Assess the criteria of measuring enterprise size. [15]

3. (a) Explain the functions of human resources management in an


enterprise. [10]

(b) Assess the importance of training employees in business enterprise.[15]

4. Evaluate different promotional media that can be used by an enterprise. [25]

5. (a) Explain the importance of effective communication in a business


enterprise. [10]

(b) Evaluate the effectiveness of different communication methods


that can be used in an enterprise. [15]

6. (a) Explain any three different types of budgets. [10]

(b) Discuss the importance of budgeting in an enterprise. [15]

7. Evaluate the importance of break-even analysis as a tool for decision-


making in an enterprise. [25]

8. (a) Distinguish between formal and informal groups in business. [10]

(b) Discuss the roles of formal groups in a business. [15]

9. (a) Explain the purpose of stock control within a business enterprise. [10]

(b) Evaluate the different methods of stock control. [15]

10. Discuss the importance of a business plan. [25]

6004/2 Specimen paper


ZIMBABWE SCHOOL EXAMINATIONS COUNCIL
General Certificate of Education Advanced Level

BUSINESS ENTERPRISE SKILLS 6004/1


PAPER 1

SPECIMEN PAPER 2 hours 30 minutes


Additional materials:
Soft eraser
Soft pencil (type B or HB is recommended)
Answering paper
Calculators may be used.

TIME 2 hour 30 minutes

INSTRUCTIONS TO CANDIDATES

Do not open this booklet until you are told to do so.

Write your name, centre number and candidate number on the answer sheet in the spaces provided.
Show workings on the answer script.

Section A (40 marks)

Answer all questions.

Section B

Answer both questions

This specimen paper consists of 5 printed pages and 3 blank pages.


Copyright: Zimbabwe School Examinations Council, Specimen paper.
ZIMSEC Specimen paper [Turn over
2

SECTION A

Answer all questions.

1 (a) With the aid of a practical example, describe a franchise enterprise. [3]

(b) (i) Identify the economic system which best describes your country. [1]

(ii) Justify your answer in b(i) above. [2]

2 Explain any two benefits of motivation to a business enterprise. [4]

3 (a) Explain any two functions of a Human Resource Manager. [4]

(b) State any three ways of resolving disputes in a business enterprise. [3]

4 TKT (Pvt) Ltd bought a motor van in 2015 for $24 000 on credit from Euro
motors. The motor van will be used by the enterprise for 5 years and will be
disposed at $4000 scrap value. Calculate the depreciation charged in the Income
Statement for the year ended 2017 using:

(a) straight line method; [2]

(b) reducing balance method at the rate of 20% per annum. [3]

5 Evaluate debt factoring as a method of improving cash-flows of a business


enterprise. [4]

6 Describe the following types of markets:

(a) virtual markets; [2]

(b) physical markets. [2]

7 Distinguish between labour intensity and capital intensity. [4]

8 Discuss the importance of decision trees in planning for a business enterprise. [6]
Total marks [40]

6004/1 Specimen paper


3

SECTION B

Read the passage below and answer the questions that follow:

Chikoti (Pvt) Ltd

Chikoti (Pvt) Ltd is a chemical manufacturing enterprise which started its operations in 2014.
The enterprise is based in Rusape, and is located in a light weight industrial area.

The firm produces agricultural and industrial chemicals that might be harmful to human
health such that there is need for safety clothes like goggles, masks and safety shoes.
Workers are continuously taken through intensive training within the organisation on safety
measures and are also encouraged to report any accidents. At its inception, the firm recorded
rising sales. However, its fortunes were reversed due to negative economic conditions such
as unemployment, inflation and cashflow shortages. This resulted in the firm’s sales
plunging to a low record in 2015.

In 2016, positive developments emanating from government’s macro-economic policies


meant to revitalise the economy changed the fortunes of the company. Command Agriculture,
ZIMASSET and recapitalisation of the industry are the policies that resulted in the chemical
firm registering rising demand. The increase in demand makes the firm to consider
increasing its capacity. The firm had two options:

(i) developing another plant near a water source, i.e. Rusape dam, or
(ii) contracting-out

The Public Relations Manager was concerned about the extent to which option (i) was
environmentally friendly. The firm has to comply with government’s environmental
regulations.

At the same time the government came up with measures to support firms producing for
exportation. The removal of trade barriers among nations has created opportunities to enter
into foreign markets. The government is encouraging local firms to take advantage of this
opportunity to expand their operations into these foreign markets.

9 (a) (i) Identify any two stakeholders of Chikoti (Pvt) Ltd as mentioned
in the case. [2]

(ii) Explain any two methods of training which can be used by the
enterprise to equip its workers on safety measures. [4]

(b) Explain how the enterprise is complying with health and safety
regulations. [4]

(c) Examine possible factors that can influence Chikoti (Pvt) Ltd when
making the location decision for the new plant. [10]

6004/1 Specimen paper


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4

(d) Discuss the effects of globalisation to the economy of your


country. [10]

Read the passage below and answer the questions that follow:

Taftan Wedding Specialists

Taftan Statement of Financial Position as at 30 June 2016

Non-Current Assets Cost Accumulated Net Book Value


$ Depreciation $
$
Premises 20 000 - 20 000
Furniture and fittings 10 000 2 000 8 000
Trucks 30 000 18 000 12 000
60 000 20 000 40 000
Current Assets
Inventory 5 000
Trade receivables 3 000
Rent Prepaid 1 000
Cash and cash equivalence 1 000 10 000
Total Assets 50 000

Equity and Liabilities $ $ $


Equity
Capital: Tafara 22 000
Tanatswa 22 000
44 000
Current Accounts: Tafara 500
Tanatswa 500 1 000
45 000
Liabilities
Current Liabilities
Trade payables 4 000
Salaries owing 1 000 5 000
50 000

Initially the business was doing so well due to low competition. However, competition
intensified in 2016 as new players, joined the industry. In order to beat competition, the
business had to invest in new technology and to recover lost market share. To achieve this
successfully, the enterprise has to raise adequate finance.

10 (a) Calculate

(i) current ratio; [2]

(ii) acid test (quick) ratio [3]


6004/1 Specimen paper
5

(b) Comment on the liquidity position of the business using your


answers in a(i) and a(ii). [6]

(c) Explain the benefits of any three possible sources of external finance
that can be used by the business to finance their projects. [9]

(d) Assess possible benefits of introducing new technology to a business


enterprise. [10]

6004/1 Specimen paper


6

BLANK PAGE

6004/1 Specimen paper


7

BLANK PAGE

6004/1 Specimen paper


8

BLANK PAGE

6004/1 Specimen paper


ZIMBABWE SCHOOL EXAMINATIONS COUNCIL
General Certificate of Education Ordinary Level

BUSINESS ENTERPRISE SKILLS 4048/1


PAPER 1

SPECIMEN PAPER 1 hours 45 minutes

TIME 1 hours 45 minutes

INSTRUCTIONS TO CANDIDATES

Write your name, Centre number and candidate number in the


spaces at the top of this page and on all separate answer paper used.
Calculators may be used.

Answer all questions.


Write your answers in the spaces provided on the
question paper. FOR EXAMINER’S USE

Section A

TOTAL
________________________________________________________________________________
This Specimen paper consists of 8 printed page.
Copyright: Zimbabwe School Examinations Council, Specimen Paper.
©ZIMSEC SPECIMEN PAPER [Turn over
2

Answer all questions in the spaces provided.

1 (a) Identify any two personal attributes of an entrepreneur.

_______________________________________________________________

______________________________________________________________[2]

(b) Explain one role of an entrepreneur to Zimbabwean economy.

_______________________________________________________________

______________________________________________________________[2]

(c) Describe any two factors that might motivate an individual to start an enterprise.

_______________________________________________________________

_______________________________________________________________

_______________________________________________________________

______________________________________________________________ [4]

(d) Outline the interests of the following stakeholders in an entrepreneur’s


operations

(i) Managers

__________________________________________________________

________________________________________________________ [2]

(ii) Suppliers

__________________________________________________________

_________________________________________________________[2]

(e) Identify any two intangible resources needed by an enterprise.

________________________________________________________________

______________________________________________________________ [2]

4048/1 SPECIMEN PAPER


3

(f) Describe any two internal environmental factors of an enterprise.

________________________________________________________________

_______________________________________________________________[2]

(g) Explain the importance of using resources sustainably.

________________________________________________________________

________________________________________________________________

______________________________________________________________ [2]

(h) Outline any two ways in which opportunities might arise for a new enterprise.

________________________________________________________________

________________________________________________________________

________________________________________________________________

_______________________________________________________________[2]

2. (a) Identify any two characteristics of a partnership.

________________________________________________________________

_______________________________________________________________[2]

(b) Explain two benefits of a private limited company.

________________________________________________________________

_______________________________________________________________[2]

(c) Outline any two factors that influence growth of an enterprise.

________________________________________________________________

________________________________________________________________

________________________________________________________________

_______________________________________________________________[2]

4048/1 SPECIMEN PAPER


[Turn over
4

(d) Outline any two disadvantages of business growth.

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________[2]

(e) State any two components of a business plan.

________________________________________________________________

______________________________________________________________ [2]

(f) Explain the importance of business planning.

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [4]

(g) List any two items which are found in a Memorandum of Association.

________________________________________________________________

_______________________________________________________________[2]

(f) Discuss the importance of Corporate Social Responsibility (CSR) in business


operations.

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [4]

4048/1 SPECIMEN PAPER


5

3. (a) Identify any two factors to consider when choosing enterprise finance.

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [2]

(b) Prepare an Income Statement from the following list of balances of K. Kowe
books of accounts as at 30 September 2016.

$
Rent 200
Purchases 600
Sales 4000
Closing inventory 150
Wages 500
Drawings 300

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [4]

(c) State whether the following is cash inflow or cash outflow.

(i) Loan from a friend;


(ii) Payment to creditors;
(iii) Payments from debtors
(iv) Purchases of fixed assets.

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [4]

4048/1 SPECIMEN PAPER


[Turn over
6

(d) Describe any two functions of a commercial bank.

________________________________________________________________

_______________________________________________________________[4]

(e) Explain any two ways of managing working capital.

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [4]

4. (a) State any two functions of a manager.

________________________________________________________________

______________________________________________________________ [2]

(b) Identify any two non-financial rewards which might motivate employees.

________________________________________________________________

______________________________________________________________ [2]

(c) Explain McGregor’s theory of motivation.

________________________________________________________________

______________________________________________________________ [2]

(d) Distinguish between a democratic leader and an autocratic leader.

______________________________________________________________

______________________________________________________________

______________________________________________________________

______________________________________________________________

______________________________________________________________

______________________________________________________________ [4]

4048/1 SPECIMEN PAPER


7

(e) Evaluate the importance of oral communication to business enterprises.

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

_______________________________________________________________[6]

5. (a) Explain the importance of market research.

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [4]

(b) Identify any two factors to consider when segmenting a market.

________________________________________________________________

_______________________________________________________________[2]

(c) Describe any two features of a virtual market.

________________________________________________________________

________________________________________________________________

________________________________________________________________

_______________________________________________________________[4]

4048/1 SPECIMEN PAPER


[Turn over
8
(d) Explain one aim of Common Markets of Eastern and Southern Africa
(COMESA).

________________________________________________________________

_______________________________________________________________[2]

6. (a) Identify any four factors influencing the location of a manufacturing enterprise.

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [4]

(b) Explain the concept of value addition.


________________________________________________________________

________________________________________________________________

______________________________________________________________ [2]

(c) State which mode of transport can be used in the following scenarios:

(i) Transporting coal from Hwange to Kwekwe,

_________________________________________________________[1]

(ii) Transporting cabbages from a farm in Norton to MbareMusika


in Harare,

________________________________________________________ [1]

(d) Describe the following ways of assuring quality;

(i) Total Quality Management (TQM)


______________________________________________
________________________________________________________[2]

(ii) Just-in-time (J.I.T)


_________________________________________________________
________________________________________________________ [2]
(e) Identify any two stages of the purchasing cycle.

________________________________________________________________

______________________________________________________________ [2]
4048/1 SPECIMEN PAPER
ZIMBABWE SCHOOL EXAMINATIONS COUNCIL
General Certificate of Education Ordinary Level

BUSINESS ENTERPRISE SKILLS 4048/1


PAPER 1

SPECIMEN PAPER 1 hours 45 minutes

TIME 1 hours 45 minutes

INSTRUCTIONS TO CANDIDATES

Write your name, Centre number and candidate number in the


spaces at the top of this page and on all separate answer paper used.
Calculators may be used.

Answer all questions.


Write your answers in the spaces provided on the
question paper. FOR EXAMINER’S USE

Section A

TOTAL
________________________________________________________________________________
This Specimen paper consists of 8 printed page.
Copyright: Zimbabwe School Examinations Council, Specimen Paper.
©ZIMSEC SPECIMEN PAPER [Turn over
2

Answer all questions in the spaces provided.

1 (a) Identify any two personal attributes of an entrepreneur.

_______________________________________________________________

______________________________________________________________[2]

(b) Explain one role of an entrepreneur to Zimbabwean economy.

_______________________________________________________________

______________________________________________________________[2]

(c) Describe any two factors that might motivate an individual to start an enterprise.

_______________________________________________________________

_______________________________________________________________

_______________________________________________________________

______________________________________________________________ [4]

(d) Outline the interests of the following stakeholders in an entrepreneur’s


operations

(i) Managers

__________________________________________________________

________________________________________________________ [2]

(ii) Suppliers

__________________________________________________________

_________________________________________________________[2]

(e) Identify any two intangible resources needed by an enterprise.

________________________________________________________________

______________________________________________________________ [2]

4048/1 SPECIMEN PAPER


3

(f) Describe any two internal environmental factors of an enterprise.

________________________________________________________________

_______________________________________________________________[2]

(g) Explain the importance of using resources sustainably.

________________________________________________________________

________________________________________________________________

______________________________________________________________ [2]

(h) Outline any two ways in which opportunities might arise for a new enterprise.

________________________________________________________________

________________________________________________________________

________________________________________________________________

_______________________________________________________________[2]

2. (a) Identify any two characteristics of a partnership.

________________________________________________________________

_______________________________________________________________[2]

(b) Explain two benefits of a private limited company.

________________________________________________________________

_______________________________________________________________[2]

(c) Outline any two factors that influence growth of an enterprise.

________________________________________________________________

________________________________________________________________

________________________________________________________________

_______________________________________________________________[2]

4048/1 SPECIMEN PAPER


[Turn over
4

(d) Outline any two disadvantages of business growth.

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________[2]

(e) State any two components of a business plan.

________________________________________________________________

______________________________________________________________ [2]

(f) Explain the importance of business planning.

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [4]

(g) List any two items which are found in a Memorandum of Association.

________________________________________________________________

_______________________________________________________________[2]

(f) Discuss the importance of Corporate Social Responsibility (CSR) in business


operations.

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [4]

4048/1 SPECIMEN PAPER


5

3. (a) Identify any two factors to consider when choosing enterprise finance.

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [2]

(b) Prepare an Income Statement from the following list of balances of K. Kowe
books of accounts as at 30 September 2016.

$
Rent 200
Purchases 600
Sales 4000
Closing inventory 150
Wages 500
Drawings 300

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [4]

(c) State whether the following is cash inflow or cash outflow.

(i) Loan from a friend;


(ii) Payment to creditors;
(iii) Payments from debtors
(iv) Purchases of fixed assets.

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [4]

4048/1 SPECIMEN PAPER


[Turn over
6

(d) Describe any two functions of a commercial bank.

________________________________________________________________

_______________________________________________________________[4]

(e) Explain any two ways of managing working capital.

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [4]

4. (a) State any two functions of a manager.

________________________________________________________________

______________________________________________________________ [2]

(b) Identify any two non-financial rewards which might motivate employees.

________________________________________________________________

______________________________________________________________ [2]

(c) Explain McGregor’s theory of motivation.

________________________________________________________________

______________________________________________________________ [2]

(d) Distinguish between a democratic leader and an autocratic leader.

______________________________________________________________

______________________________________________________________

______________________________________________________________

______________________________________________________________

______________________________________________________________

______________________________________________________________ [4]

4048/1 SPECIMEN PAPER


7

(e) Evaluate the importance of oral communication to business enterprises.

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

________________________________________________________________

_______________________________________________________________[6]

5. (a) Explain the importance of market research.

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [4]

(b) Identify any two factors to consider when segmenting a market.

________________________________________________________________

_______________________________________________________________[2]

(c) Describe any two features of a virtual market.

________________________________________________________________

________________________________________________________________

________________________________________________________________

_______________________________________________________________[4]

4048/1 SPECIMEN PAPER


[Turn over
8
(d) Explain one aim of Common Markets of Eastern and Southern Africa
(COMESA).

________________________________________________________________

_______________________________________________________________[2]

6. (a) Identify any four factors influencing the location of a manufacturing enterprise.

________________________________________________________________

________________________________________________________________

________________________________________________________________

______________________________________________________________ [4]

(b) Explain the concept of value addition.


________________________________________________________________

________________________________________________________________

______________________________________________________________ [2]

(c) State which mode of transport can be used in the following scenarios:

(i) Transporting coal from Hwange to Kwekwe,

_________________________________________________________[1]

(ii) Transporting cabbages from a farm in Norton to MbareMusika


in Harare,

________________________________________________________ [1]

(d) Describe the following ways of assuring quality;

(i) Total Quality Management (TQM)


______________________________________________
________________________________________________________[2]

(ii) Just-in-time (J.I.T)


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(e) Identify any two stages of the purchasing cycle.

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4048/1 SPECIMEN PAPER
Candidate Name Centre Number Candidate Number

ZIMBABWE SCHOOL EXAMINATIONS COUNCIL


General Certificate of Education Ordinary Level

BUSINESS ENTERPRISE SKILLS 4048/02


PAPER 2 Case Study
SPECIMEN PAPER 2 hours

Candidates answer on the question paper

Allow candidates 5 minutes to count pages before the examination.

TIME 2 hours

INSTRUCTIONS TO CANDIDATES
Write your name, centre number and candidate number in the spaces at the top of this page.
Write your centre and candidate number on the top right hand corner of every page of this paper.

Check that all the pages are in the booklet and ask the invigilator for a replacement if there are duplicate or
missing pages.

Section A
Answer all questions.

Section B
Answer three questions.

INFORMATION FOR CANDIDATES


The number of marks is given in brackets [ ] at the end of each question or part question.
You are advised to spend no longer than 45 minutes on Section A and 1 hour 15minutes on Section B.

This specimen paper consists of 6 printed pages and 2 blank pages.


Copyright: Zimbabwe School Examinations Council, Specimen paper.

©ZIMSEC Specimen paper [Turn over


2

SECTION A[40 marks]

Answer all questions.

1. Read the passage and answer all questions that follow:

Daisy’s Food Dishes

After undertaking studies in Business EnterpriseSkills, Daisy found herself jobless. She
decided to start her own enterprise as a sole proprietor. She did this with passion so as to
become a successful enterpriser. She knew that restaurants selling traditional food were very
popular and she was an excellent cook for modern foods.

Daisy decided to start cooking Thai food dishesand selling them to local people for dinner
parties. She used her own kitchen to prepare the food and advertised in the local newspaper.

Customers would ask her to cook a particular dish of their choice. She became very popular
for providing quality foods and received more orders for dinner parties than she could cope
with.

Daisy decided to rent larger premises in which she could put large cookers. This required
employing additional workers. However, she was giving little attention to the welfare of the
existing employees such that some resigned.

After two years of renting the premises, Daisy decided to buy the premises. She invested in
automated machinery to cook the food and her premises were connected to the internet for
online orders.

(a) Define the following terms:

(i) Sole proprietor,

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(ii) Quality.

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4048/2 Specimen paper


3

(b) (i) List any three stakeholders in Daisy’s Food Dishes.

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(ii) Explain any two drivers towards enterprising.

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(c) Outline any five characteristics of a successful enterpriser.

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(d) State any four advertising media that can be used by Daisy in
her business.

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4

(e) Explain any two causes of poor motivation in an organisation.

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(f) Explain any three types of resources required in an enterprise.

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5

(g) Evaluate the importance of producing quality goods to an


enterpriser.

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6

SECTION B [60 MARKS]

Answer any three questions from this section.

2 (a) Explain the benefits of enterprising. [8]

(b) Assess the extent to which the Zimbabwean government has enabled the
survival of Small to Medium Enterprises (SMEs). [12]

3 (a) Describe any four objectives which can be set by an enterprise. [8]

(b) Evaluate the importance of business ethics. [12]

4 (a) Outline the factors that a firm might consider when choosing a source
of finance. [8]

(b) Evaluate any two long term sources of finance. [12]

5 Evaluate the importance of market research to an entrepreneur. [20]

6 (a) Giving relevant examples, explain the stages of production. [8]

(b) Discuss factors that can lead to relocation of a business. [12]

7 (a) Explain the benefits to an entrepreneur of entering a foreign market. [8]

(b) Evaluate any two electronic methods of communication. [12]

4048/2 Specimen paper


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4048/2 Specimen paper

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