Professional Documents
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Businesses Past Exam Papers
Businesses Past Exam Papers
Businesses Past Exam Papers
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.
If you use more than one sheet of paper, fasten the sheets together.
The number of marks is given in brackets [ ] at the end of each question or part question.
You are reminded of the need for good English and clear presentation in your answers.
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This question paper consists of 4 printed pages.
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($) Sales(Units)
1 200 000
On the other hand, if management increases its promotional effort, the effect on sales
is as shown in Table 2.
Table 2
Promotional Expenditure Sales
($) (Units)
(a) Define the meaning of the term product portfolio as used in the
passage. [3]
(b) Calculate:
(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]
(a) Explain the factors that might affect the success of the launch of
the smart phone. [10]
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]
(b) Discuss the appropriateness of equity finance to the car manufacturer. [15]
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.
If you use more than one sheet of paper, fasten the sheets together.
The number of marks is given in brackets [ ] at the end of each question or part question.
You are reminded of the need for good English and clear presentation in your answers.
________________________________________________________________________________
This question paper consists of 4 printed pages.
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]
(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]
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]
(ii) If their criterion rate is 10%, advise the textile firm on whether or not it
should accept the project. [2]
Read the following case study and answer all the questions that follow.
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.
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]
TIME 2 hours
INSTRUCTIONS TO CANDIDATES
Write your name, Centre number and candidate number on the answer sheet in the spaces provided
unless this has already been done for you.
9. (a) Explain the purpose of stock control within a business enterprise. [10]
INSTRUCTIONS TO CANDIDATES
Write your name, centre number and candidate number on the answer sheet in the spaces provided.
Show workings on the answer script.
Section B
SECTION A
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]
(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:
(b) reducing balance method at the rate of 20% per annum. [3]
8 Discuss the importance of decision trees in planning for a business enterprise. [6]
Total marks [40]
SECTION B
Read the passage below and answer the questions that follow:
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.
(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]
Read the passage below and answer the questions that follow:
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
(c) Explain the benefits of any three possible sources of external finance
that can be used by the business to finance their projects. [9]
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INSTRUCTIONS TO CANDIDATES
Section A
TOTAL
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This Specimen paper consists of 8 printed page.
Copyright: Zimbabwe School Examinations Council, Specimen Paper.
©ZIMSEC SPECIMEN PAPER [Turn over
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(c) Describe any two factors that might motivate an individual to start an enterprise.
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(i) Managers
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(ii) Suppliers
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(h) Outline any two ways in which opportunities might arise for a new enterprise.
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(g) List any two items which are found in a Memorandum of Association.
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3. (a) Identify any two factors to consider when choosing enterprise finance.
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(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
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(b) Identify any two non-financial rewards which might motivate employees.
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6. (a) Identify any four factors influencing the location of a manufacturing enterprise.
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(c) State which mode of transport can be used in the following scenarios:
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4048/1 SPECIMEN PAPER
ZIMBABWE SCHOOL EXAMINATIONS COUNCIL
General Certificate of Education Ordinary Level
INSTRUCTIONS TO CANDIDATES
Section A
TOTAL
________________________________________________________________________________
This Specimen paper consists of 8 printed page.
Copyright: Zimbabwe School Examinations Council, Specimen Paper.
©ZIMSEC SPECIMEN PAPER [Turn over
2
_______________________________________________________________
______________________________________________________________[2]
_______________________________________________________________
______________________________________________________________[2]
(c) Describe any two factors that might motivate an individual to start an enterprise.
_______________________________________________________________
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______________________________________________________________ [4]
(i) Managers
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________________________________________________________ [2]
(ii) Suppliers
__________________________________________________________
_________________________________________________________[2]
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______________________________________________________________ [2]
________________________________________________________________
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(h) Outline any two ways in which opportunities might arise for a new enterprise.
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(g) List any two items which are found in a Memorandum of Association.
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3. (a) Identify any two factors to consider when choosing enterprise finance.
________________________________________________________________
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______________________________________________________________ [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
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______________________________________________________________ [4]
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(b) Identify any two non-financial rewards which might motivate employees.
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6. (a) Identify any four factors influencing the location of a manufacturing enterprise.
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______________________________________________________________ [4]
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______________________________________________________________ [2]
(c) State which mode of transport can be used in the following scenarios:
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4048/1 SPECIMEN PAPER
Candidate Name Centre Number Candidate Number
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.
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.
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(ii) Quality.
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(d) State any four advertising media that can be used by Daisy in
her business.
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4048/2 Specimen paper
[Turn over
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4048/2 Specimen paper
[Turn over
6
(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]
4 (a) Outline the factors that a firm might consider when choosing a source
of finance. [8]