Access this ZIMSEC O-Level Commerce Blue Book 2011-2016 study guide for revision, practice, and exam preparation in Zimbabwe.
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This is the ZIMSEC O-Level Commerce study guide for Paper 1. It is a free study guide for revision.
ALL THE RESEARCH WAS DONE BY MR .B .MURANDA............0773862048....0718713861..LETS DO IT . JUNE 2011 PAPER 1 1a) STATE ANY TWO FACTORS OF PRODUCTION [2] - Land. - Labour. - Capital. - Entrepreneurship b) WHAT FACTORS SHOULD BE CONSIDERED BY AN ENTREPRENEUR WHEN CHOOSING THE LOCATION OF HIS BUSINESS? [3] - Proximity to raw materials. - Proximity to market. - Government policies. 2a) DISTINGUISH BETWEEN DIRECT AND COMMERCIAL SERVICES [4] - Direct services are those provided personally to the consumers .e.g. teaching and nursing WHILEST commercial services are those provided indirectly through trade and commerce .e.eg. banking. b) HOWCAN THE GOVERNMENT ASSIST SMALL BUSINESSESS IN YOUR COUNTRY [4] - Provide already built production shells. - Provide grants and loans through SEDCO. - Offer tax holidays to small firms. - Provide training to small firms through workshops. - Protect small firms through imposing trade protectionism. 3) TO WHAT EXTENT IS JOB EVALUATION USEFULLTO AN ORGANISATION [4] ADVANTAGES - It help to determining salary scales in an organization. - It also help to create job description which is used in recruitment. DIADVANTAGES - The process is subjective hence results can be biased. - It can demotivate workers with lower ranks and by the subjective process. BOSS MURAH AT IT AGAIN ...........IT WILL NEVER GET BETTER THAN THIS. j.squard