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First page of ZIMSEC O-Level Commerce Paper 1 November 2018 Marking Scheme

ZIMSEC O-Level Commerce Paper 1 November 2018 Marking Scheme

Use this ZIMSEC O-Level Commerce Paper 1 November 2018 marking scheme for checking answers, revision, and exam preparation in Zimbabwe.

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Questions: ZIMSEC O-Level Commerce Paper 1 November 2018 Question Paper

Exam board
ZIMSEC
Subject
Commerce
Level
O-Level
Document
Marking Scheme
Paper
Paper 1
Paper code
4049/1
Session
November
Year
2018
File
PDF, 810 KB

About this marking scheme

This is the ZIMSEC O-Level Commerce marking scheme for Paper 1 from November 2018. It shows how marks are awarded, so you can mark your own answers to the matching question paper. The paper code is 4049/1. See the question paper.

Other years: Commerce O-Level

Text from the first page

ZIMBABWE SCHOOL EXAMINATIONS COUNCIL
General Certificate of Education Ordinary Level
COMMERCE
4049/1
NOVEMBER 2018: ANSWERS
1 C
2 A
The three stages of production are primary, secondary and tertiary. Extraction is done in the primary industry, manufacturing in secondary industry and distribution in tertiary industry.

3 B
Specialisation leads to high output and low cost of production.
4 A
There is need to know the differences between direct and indirect services with the aid of examples.

NB: It is important to know that indirect services are also known as commercial services.

5 C
Answers A, B and D are all correct examples of value addition.
6 B
Joining a voluntary chain group will enable small scale retailers to raise large amounts of capital. This will enable them to buy goods in bulk cheaply and also sell their goods at competitive prices.
7 D
There is a misconception that a vending machine is a machine that is used by vendors.

8 B
Branding is giving a product a distinguishing mark, design, symbol, name or lable to make it look different from those of competitors.

9 A
Cash discount is given for early/prompt payment.