ZIMBABWE SCHOOL EXAMINATIONS COUNCIL
General Certificate of Education Ordinary Level
NOVEMBER 2013 SESSION 2 hours
TIME 2 hours
INSTRUCTIONS TO CANDIDATES
- Write your name, Center number and candidate number in the spaces provided on the answer booklet.
- Answer any four questions.
INFORMATION FOR CANDIDATES
- The number of marks is given in brackets
1.1 What are the advantages of mass production? 
1.2 Explain any three factors of production. 
2.1 Describe pre-packaging 
2.2 Describe Do-It-Yourself (D.I.Y.) products. 
2.3 Why would a retailer buy directly from the manufacturer? 
3.1 State four reasons why traders give cash discount. 
3.2 For what reasons might a trader use a quotation. 
3.3 Give five reasons why a trader would use an invoice. 
3.4 State any six reasons for the use of a statement of account. 
4.1 Outline six functions of Customs and Excise authorities. 
4.2 What is a bill of lading? 
4.3 Distinguish between a broker and a factor. 
5.1. Give three purposes of a Memorandum of Association, and 
5.2 Five contents of a Memorandum of Association. 
5.3 List six advantages and six disadvantages of a sole trader. 
6.1 Distinguish between a current account and a deposit account. 
6.2 Explain six characteristics of money. 
7.1 State the importance of statistics in insurance contracts. 
7.2 Name and describe the most appropriate insurance policy which an manufacturer is likely to take in relation to embezzlement of funds, and 
7.3 Injury to customers within the trader’s premises. 
7.4 Stock valued at $50 000 was insured for $30 000 against the risk of fire.
Later stock valued at $25 000 was accidentally burnt by fire.
Calculate how much was paid as compensation. 
7.5 Give reasons for the amount of compensation given in 7.4 
8.1 Explain the importance of using the internet 
8.2 Identify eight purposes of communication to a trader 
8.3 What factors would a manufacturer consider when choosing an efficient mode of transport? 
9.1 For what reasons would a trader use informative advertising, and 
9.2 Generic advertising? 
9.3 List five functions of the Consumer Council of Zimbabwe (C.C.Z.) 
9.4 Why would a manufacturer of a washing powder use posters to advertise his/her product? 
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