Use this ZIMSEC O-Level Business Studies Paper 1 November 2018 marking scheme for checking answers, revision, and exam preparation in Zimbabwe.
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This is the ZIMSEC O-Level Business Studies marking scheme for Paper 1 from November 2018. It shows how marks are awarded, so you can mark your own answers.
PI 2018 Nor 4 Section A [70 marks] 1 (a) Name any two types of businesses found in the private sector. [2] " - sole proprietorshipl sole traders - cooperatives - partnerships - private limited companies - public limited companies/ no mark for mancs. Franchise ORA One point one mark ( $2 \times 1$ ) (b) Explain the effect of corporate culture to a business. [4] * Candidates' responses should show both the positive and the negative effects of corporate culture - can affect the motivation of staff eg a highly competitive culture might motivate some workers and demotivate others - can attract high level talent, if good and the opposite is true - if good,labour turnover is reduced but if not labour turnover is increased - it makes/allows people to feel valued and are able to express themselves freely, if good but if bad, then the opposite is true - if good, it can also make everyone more efficient and successful and the opposite is true, if bad. ORA - ir One point one mark $(2 \times 1)$ - One point developed $(1 \times 2)$ One sided - maximum 2 marks 2 Two giant show manufacturing firms are considering a merger. Analyse the likely impact of this decision to consumers. [5] * Candidates' responses should show both the positive and negative impact of a merger, to consumers. Positive - lower prices of shoes as a result of bulk buying economies by the firm - improved service - St-thest personal un enstromer care. - quality of shoes may be improved since the merger could result in improved research and development facilities ORA