B.
Do not sell to the general public
C. Offer delivery to customers
D. Sell a limited range of goods
15. What form of transport is suitable for carrying 5000 tonnes of coal from Hwange to Kwekwe?
A. Air
B. Pipeline
C. Road
D. Rail
16. Which process takes place in the bonded warehouse?
A. Baking
B. Milling
C. Packaging
D. Tanning
17. Which goods are suitable for Point of Sale displays in a supermarket?
A. Shirts
B. Shoes
C. Bread
D. Chocolates
18. A payment made to a shareholder in a company is called?
A. A brokerage
B. A dividend
C. A profit
D. An interest
19. Which of the following is a primary producer?
A. Manufacturer's warehouses
B. Bonded warehouses
C. Grain Marketing Board
D. Retailers warehouses
20. Which factor of production has interest as a reward?
A. Capital
B. Enterprise
C. Labour
D. Land
21. Which of the following is NOT a trade restriction?
A. Embargo
B. Quota
C. Tarrif
D. Value Added Tax
22. Who is not the middleman in foreign trade?
A. Factor
B. Forwarding Agent
C. Manufacturer
D. Broker
23. Which of the following is an informal means of communication?
A. Confravision
B. Electronic mail
C. Grapevine
D. Letter
24. Which factor is not important when choosing a mode of communication?
A. Cost
B. Urgency of messege
C. Reliability of mode
D. Type of transport
25. Which goods are best distributed straight from the producer to the consumer?
A. Chairs
B. Newspapers
C. Suits
D. Soap
26. The term branding means?
A. Putting goods into colourful packets
B. Giving goods a distinctive name
C. Putting goods into distinctive shelves
D. Putting flavour into the goods
27. Which of the following is NOT a management function?
A. Organizing
B. Planning
C. Controlling
D. Investing
28. Which of the following is NOT a benefit of International Trade?
A. Creates employment
B. Greater variety
C. Increased production
D. Dependancy on others
29. The following are disadvantages of barter trade except _____
A. Coincidence of wants
B. Indivisibility of goods
C. Scarcity of goods
D. Measurement of goods
30. Goods stores in a warehouse can not be protected against ______
A. Fire
B. Price fluctuation
C. Theft
D. Weather conditions
31. _______ covers workers injured at work?
A. Employer's liability
B. Consequential loss
C. Public liability
D. Fidelity guarantee
32. Which of the following is an example of direct service?
A. Insurance
B. Banking
C. Warehousing
D. Teaching
33. Why do some retailers buy direct from manufacturers?
A. They require regular supplies
B. They buy in small quantities
C. They need emergency supplies
D. They have their own warehouses
34. Which retail outlet offers self-selection and luxurious shopping facilities?
A. Chain store
B. Supermarkets
C. Single shop
D. Department store
35. What is hire purchase transaction most suitable for?
A. Clothing
B. Flowers
C. Groceries
D. Television
36. What is most likely to be transported by air?
A. Fresh flowers
B. Chrome ore
C. Large volumes of fuel
D. Bulky goods
37. Which aid to trade gives goods added value?
A. Advertising
B. Communication
C. Insurance
D. Transport
38. Specialisation has the following disadvantage?
A. High productivity
B. Division of work
C. Interdependence
D. Increased skill
39. A wholesaler is most useful when ____
A. Technical goods are sold
B. Products are easily breakable
C. Products are in bulk
D. The retailer is tiny
40. In international trade ___
A. The same language is used
B. Same standards of goods are used
C. The same currency is used
D. There are high costs of packaging
SECTION B (40 MARKS)
Answer all questions in this section
Question 1
1(a) State any three type of wholesalers. (3)
(b) Define the term beneficiation. (2)
(c) Identify any three consumer rights (3)
Question 2
2(a) State two types of warehouses. (2)
(b) Identify four internal sources of finance for a business. (4)
Question 3
3(a) State the two forms of production. (2)
(b) Outline the challenges of the face bask. (4)
Question 4
4(a) Determine the need for oral communication. (4)
(b) State the advantages of a vehicle tracking system. (4)
5(a) What are the advantages of written communication? (4)
(b) What factors influence the choice of the mode of communication? (2)
6(a) What are the disadvantages of multinational companies to the host country? (6)
SECTION C (60 MARKS)
Answer any three questions
Question 7
7(a) Outline factors to consider when choosing a mode of communication. (10)
(b) Suggest reasons for trade. (10)
Question 8
8(a) Outline the advantages of multi-national corporations to Zimbabwe. (10)
(b) Outline any give characteristics of an entrepreneur. (10)
Question 9
9(a) Explain the merits of electronic mail. (10)
(b) Outline the reasons for growth of air cargo. (10)
Question 10
10(a) Describe the four factors of production. (20)
Question 11
11(a) Discuss consumer rights. (10)
(b) Explain consumer responsibilities. (10)
Question 12
12(a) Discuss the impact of technological developments on business. (10)
(b) Explain to be considered when establishing a retail outlet. (10)
