ZIMBABWE SCHOOL EXAMINATIONS COUNCIL
General Certificate of Education Ordinary Level
COMMERCIAL STUDIES 4065/1
Paper 1: Structured & Essays
SPECIMEN PAPER
2 Hours
Additional materials:
No additional material required
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
and your Centre Number and Candidate Number on the top right corner of every page of this
paper.
Check if the booklet has all the pages and ask the invigilator for a replacement if there are
duplicate or missing pages.
Calculators may be used.
Shape all your letters very clearly.
Write your answers in the spaces provided on the question paper using black or blue pens.
Section A: Structured questions - Answer all questions in the spaces provided.
Section B: Essays: Answer 3 out of 6 questions.
INFORMATION FOR CANDIDATES
The number of marks is given in brackets [ ] at the end of each question or part question.
Question 1 2 3 4 5 6 Total
Section A
Section B
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This question 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 (a) Outline anytwo advantages of job production.
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___________________________________________________________ [2]
(b) Explain any two stages production.
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(c) Mambo Ltd sold goods to Vingaya for $2 000 less 20% trade discount
and 5 % cash discount. Calculate the following:
(i) Amount of the trade discount.
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_____________________________________________________ [2]
(ii) Cash discount amount.
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_____________________________________________________ [2]
2 (a) Identify any two stakeholders of a mining company.
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(b) Distinguish between public and private sector of an economy.
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___________________________________________________________ [4]
3 (a) List any two telecommunication services.
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____________________________________________________________ [2]
(b) Copy and complete the table below, identifying the mode of transport
suitable for each, giving a reason.
Case Mode Reason
1 Carrying diamonds _______________ _________________________
from Chiadzwa to _________________________
Harare. _________________________
_________________________
2 Transporting coal from ________________ _________________________
Hwange to Redcliff.
_________________________
_________________________
_________________________
[4]
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[Turn over
4
4
the sizes for women.
Shoe sizes: 4, 6, 4, 7, 6, 5, 4, 4
(a) Using the given data, calculate the mean of the shoe sizes.
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___________________________________________________________ [2]
(b) Evaluate the usefulness of the mode to the shoe producer.
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5 (a) Outline any two functions of the Zimbabwe Stock Exchange.
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___________________________________________________________ [4]
(b) Briefly explain any two short term sources of finance to a business.
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___________________________________________________________ [4]
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6 (a) State any two characteristics of an entrepreneur.
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___________________________________________________________ [2]
(b) Distinguish between insurance and assurance.
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___________________________________________________________[4]
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SECTION B
Answer any three questions.
1 (a) Differentiate free market from planned economic systems. [8]
(b) Discuss how the external environment affects commercial
activities. [12]
2 Discuss any four marketing mix variables used to market goods and
services. [20]
3 Discuss the importance of international trade to Zimbabwe. [20]
4 (a) Explain the importance of management functions to a business. [10]
(b) Describe the contents of a business plan for an organisation of
your choice. [10]
5 (a) Explain the need for business finance. [8]
(b) Evaluate the usefulness of budgets to a producer of shoes. [12]
6 (a) Distinguish between sole traders and partnerships. [10]
(b) Discuss the advantages and disadvantages of public sector
organisations. [10]
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BLANK PAGE
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BLANK PAGE
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