2022_Commerce_olevel_nov_paper2

Extracted Content: 2022_Commerce_olevel_nov_paper2

Page 1

Extracted Text

For Performance Measurement

ZIMBABWE SCHOOL EXAMINATIONS COUNCIL

General Certificate of Education Ordinary Level

COMMERCE, 4049/2

PAPER 2 Essays

NOVEMBER 2022 SESSION 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 in Section B. Answers in
Section B must be in essay form.

Shape all your letters clearly.
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 question paper consists of 3 printed pages and 1 blank page.
Copyright: Zimbabwe School Examinations Council, N2022.

©ZIMSEC N2022 [Turn over

acc

---

Page 2

Extracted Text

Answer all questions

1 (a) Identify three types of goods. [3]

Given below are trading figures for country Q.

$ million
Goods sold to foreigners 400
Goods bought from other countries 500
Payment for use of foreign transport 120
Money received for insuring foreign businesses 200
(b) Calculate country Q's balance of payments. [4]
23 (a) List any four consumer rights. [4]
(b) Explain the term "niche marketing." [2]
3 (a) State four documents that are submitted by companies to the Registrar of
Companies. [4]
(b) Suggest three solutions to intellectual property infringements. [3]
4 (a) Name the three types of speculators on the Stock Exchange. [3]
(b) Explain methods of saving personal income. [4]
5 (a) Identify any two non-insurable business risks. [2]
(b) Explain the principle of utmost good faith. [4]
6 (a) List three telecommunication services. [3]

(b) Describe two types of charter party. [4]

4049/2 N2022

tI

---

Page 3

Extracted Text

11

12

13

MAMA A

(a)
(b)

(a)
(b)

(a)
(b)

(a)
(b)

(a)
(b)

(a)

(b)

(a)
(b)

a

Section B [60 Marks]

Answer any three questions

Draw a diagram to show branches of commerce.

Describe the importance of indigenisation in the economy.

Why is a wholesaler by-passed in the distribution chain?

Describe the aims of trading blocs.

Describe ways in which consumers can be exploited.

Explain factors which can be used when segmenting a market.

Explain the functions of Trade Associations.

Describe the importance of a business plan.

Describe the characteristics of money.

Explain the services offered by finance houses.

[10]

[10]

[10]

[10]

[10]

[10]

[10]

[10]

[10]

[10]

Stock valued at $ 2 000 was insured against the risk of fire for $ 1 500.
Stock worth $ 1 200 was later destroyed by fire. State with reasons, how

much compensation was received.

Explain the steps to be followed to obtain compensation.

Identify the advantages of using a cellular telephone.

[10]

[10]

[10]

Discuss the impact of Information Communication Technology (ICT) in

transport.

4049/2 N2022

[10]

[Turn over

---

Page 4

Extracted Text

es

4049/2 N2022

nc

eee

---