ZIMSEC A Level Business Enterprise Skills Paper 2 Past Papers

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Stock Control Human Resource Management Business Planning Ratio Analysis The Marketing Mixcritical path analysisMotivationmarket segmentationForms of Enterpriseglobalisation

Explained questions

The first step in designing a business plan is to
In a business plan, the financial section would normally contain
Once a business plan has been implemented, the essential final stage is to
A benefit of converting a partnership into a public limited company is
Shareholders in a public limited company enjoy limited liability, which means that they
A drawback of converting a partnership into a public limited company is
State the term for a company's ability to continue in existence regardless of the death or withdrawal of any individual owner.
Selling shares in a state-owned enterprise to the general public on a stock exchange is which form of privatisation?
A local authority pays a private firm to collect refuse that its own workers previously collected. This is an example of
The existing managers of a state enterprise acquire ownership of it. This is known as
Indigenisation policy in Zimbabwe seeks to
A benefit of indigenisation to the domestic economy is that it
A risk of a strict indigenisation policy is that it may
A food outlet pays servers a commission on each meal sold. This financial incentive motivates staff because
The main advantage of paying a basic wage rather than commission alone is that it
Under a profit-sharing scheme, employees are motivated because
Free staff meals and medical aid provided by a food outlet are best described as
Operating ethically can give an enterprise a competitive advantage because
State the term for presenting a company's financial statements in a way that makes its position or performance look better than it really is.
A reason a company might window dress its accounts is to
Window dressing may also be used to
Ratio analysis allows a large manufacturer to
A manufacturer struggling to pay its short-term debts would show this most clearly in which ratio?
A limitation of ratio analysis is that it
A franchisor is able to expand a chain rapidly without providing the capital for each new outlet because
State the ongoing payment, usually a percentage of turnover, that a franchisee makes to the franchisor.
A franchisee faces a lower risk of failure than someone starting an independent business mainly because
Which of the following does a franchisee normally receive from the franchisor?
The largest single contribution enterprise makes to a developing economy is that it
Enterprise widens a country's tax base because new firms
An enterprise that processes local raw materials instead of exporting them raw
State the policy of producing goods locally that were previously bought from abroad, so that foreign currency is saved.
A quality that enables an enterprise leader to hold the workforce together through a difficult trading period is
Good communication is treated as an essential quality of an enterprise leader mainly because
State the leadership style in which the leader takes decisions alone and simply issues instructions to subordinates.
The main objective of most newly established enterprises in their first year of trading is
Profit maximisation as a business objective means the enterprise aims to
An enterprise that sets market share as its objective is aiming to

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A Level Business Enterprise Skills Paper 2 Past Papers, 2019 to 2024

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