COMMerCe SYLLABUS - zimsec.co.zw

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MiniSTrY OF PriMArY AnD SeCOnDArY eDUCATiOn COMMerCe SYLLABUS FOrM 1 - 4 2015-2022 Curriculum Development and Technical Services, P.O. Box MP 133, Mount Pleasant, Harare ©All Rights Reserved Revised 2015 ZIMBABWE Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:01 PM Page 1

Transcript of COMMerCe SYLLABUS - zimsec.co.zw

MiniSTrY OF PriMArY AnD SeCOnDArY eDUCATiOn

COMMerCe SYLLABUS

FOrM 1 - 4

2015-2022

Curriculum Development and Technical Services, P.O. Box MP 133, Mount Pleasant, Harare

©All Rights ReservedRevised 2015

ZIMBABWE

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Commerce (Form 1 - 4) Syllabus

ACKNOWLEDGEMENTS

The Ministry of Primary and Secondary Education would like to acknowledge the following:

l The National Commerce Syllabus Panel

l Zimbabwe School Examinations Council (ZIMSEC)

l Polytechnic and Teacher Training Institutions Representatives

l Universities Representatives

l United Nations Children’s Educational Fund (UNICEF)

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Commerce (Form 1 - 4) Syllabus

TABLE OF CONTENTS1.0 ACKNOWLEDGEMENTS ................................................................................1

1.0 PREAMBLE......................................................................................................21.1 INTRODUCTION..............................................................................................21.2 RATIONALE...... ................................................................................................21.3 SUMMARY OF CONTENT ...............................................................................21.4 METHODOLOGY AND TIME ALLOCATION ....................................................21.5 ASSUMPTIONS................................................................................................31.6 CROSS-CUTTING THEMES ............................................................................3

2.0 PRESENTATION OF THE SYLLABUS............................................................3

3.0 AIMS................ .................................................................................................3

4.0 SYLLABUS OBJECTIVES...............................................................................4

5.0 TOPICS................... ..........................................................................................4

6.0 SCOPE AND SEQUENCE..............................................................................11

7.0 COMPETENCY MATRIX ................................................................................11

FORM 1 SYLLABUS ......................................................................................11

FORM 2 SYLLABUS......................................................................................20

FORM 3 SYLLABUS......................................................................................30

FORM 4 SYLLABUS......................................................................................40

8.0 ASSESSMENT.....................................................................................................44

8.0 SCHEME ASSESSMENT....................................................................................45.

8.4 CONTINUOUS ASSESSMENT.............................................................................46

8.5 SUMMATIVE ASSESSMENT...............................................................................46

8.6 SPECIFICATION GRID........................................................................................46

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Commerce (Form 1 - 4) Syllabus

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Commerce (Form 1 - 4) Syllabus

1.0 PREAMBLE

1.1 IntroductionThe Commerce syllabus is a four year learning areacovering Forms 1–4. The syllabus prepareslearners for life through provision of knowledge,skills, values and understanding ownership ofmeans of production in the commercial world withina Zimbabwean context. It lays the foundation forcareers in the business field and provides the basisfor further studies in related disciplines. Thesyllabus intends to develop in learners self-reliance,enterprise, critical thinking, problem solving,resource management and leadership skills.Learner centered approach to the learning andteaching process should be adopted.

1.2 RationaleThe study of commerce equips learners withpractical enterprise skills, value addition skills andbusiness related competences .This will enablethem to function properly in the prevailing socio–economic, cultural, political and technologicalenvironment. It promotes self-reliance for theenhancement of economic growth through theownership and exploitation of the means ofproduction such as land, and capital.

The Commerce syllabus enables learners to develop the following skills:

l Problem solvingl Critical thinkingl Decision makingl Conflict managementl Leadershipl Self-managementl Communicationl Technical and innovativel Enterprise development

1.3 Summary of ContentThis syllabus intends to provide a theoretical andpractical knowledge base for students in thecommercial world such as production, consumerprotection, business organization, financialmanagement, trade and aids to trade.

1.4 Methodology and time allocation

1.41 MethodologyIn this syllabus, learner centered methods andapproaches are encouraged.

The principles of inclusivity, relevance,individualization and concreteness shouldinfluence the choice of teaching methods so thatlearning of Commerce embrace the diversity ofall learners.

The methods are not mutually exclusive andmay be used in combination. The followingmethods are suggested:

l Group workl Researchl Educational toursl Simulations/ Role playl Questions and answersl Case studyl Mini enterprise approachl Discovery l Problem solvingl Demonstrationsl Seminarsl Debatesl Quizl Gamesl Project work

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Commerce (Form 1 - 4) Syllabus

1.42 Time AllocationIn order to cover the content adequately, Form 1to 4 Commerce should be allocated at least 4 fortyminute lessons per week, at least 1 Educationaltour and at least 2 Seminars per year. Educationaltours should be allocated 1 working day per term.

1.5 Assumptions

It is assumed that all learners:

l are constantly participating in and interactingwith commercial activities like buying andselling.

l have access to some means of production.l desire to contribute meaningfully to thecommunity and nation at large.

l have a desire for self-reliance through runningtheir own enterprises.

l are aware of the prevailing commercialenvironment.

1.6 Cross-Cutting Themes

The Commerce learning area will encompass thefollowing cross cutting themes:

l Information Communication Technology (ICT) l Risk and Disaster managementl Financial literacyl Human Rights and responsibilitiesl Collaborationl Environmental issuesl Enterprise skillsl Gender l Heritage

2.0 PRESENTATION OF THE SYLLABUSThe syllabus is presented as a single documentcatering for Forms 1 – 4.

3.0 Aims

The syllabus enables learners to:

3.1 develop an appreciation of the environment withinwhich commercial activities take place.

3.2 acquire knowledge and understanding of thelanguage, concepts and decision-making proceduresof commercial activities.

3.3 develop knowledge and understanding of the impactof information technology in commercial activities.

3.4 develop knowledge and understanding of the natureand significance of innovation and change on commercial activities.

3.5 prepare for life and work in an indigenised economyand increasingly globalised and competitiveenvironment.

3.6 demonstrate desirable financial literacy andnumeracy skills including practical competenciesnecessary to run a business.

3.7 acquire lifelong business management skills in linewith emerging opportunities and challenges of thelocal, national and global society.

3.8 Participate in voluntary service and leadership aswell as contribute meaningfully to the developmentof the country.

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Commerce (Form 1 - 4) Syllabus

4.0 SYLLABUS OBJECTIVESBy the end of four years of secondary education, learnersshould be able to:

4.1 demonstrate knowledge and understanding of thepurposes and functions of commercial activities and commercial institutions.

4.2 describe the environment in which commercial activities take place.

4.3 explain relevant terms used in business.

4.4 interpret information from graphs, charts and tables.

4.5 analyse significant factors to consider in a commercial situation.

4.6 present and interpret information in the form of graphs, diagrams and tables

4.7 apply knowledge and skills to solve problems in commercial situations.

4.8 make accurate judgments on commercial issues.

4.9 assess the impact of ICTs on commercial activities.

4.10 communicate commercial information in writing, verbally, diagrammatically and graphically in a coherent and logical manner.

4.11 carry out self-reliance project.

5.0 TOPICSThe syllabus topics are as follows:

l Production l Tradel Consumer protection l Business Organisationsl Enterprisel Finance and Bankingl Insurance and Assurancel Business Communicationl Transportl Warehousing l Marketing

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7 CO

MPETENC

Y MATRIX

FORM

1 SYLLABU

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13Commerce (Form 1 - 4) Syllabus

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for

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C

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rig

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as w

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con

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thei

r res

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ibilit

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as

cons

umer

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for c

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pr

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sum

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here

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linin

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om

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Bu

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Ju

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impo

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gani

satio

ns

Im

porta

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of b

usin

ess

orga

nisa

tions

D

iscu

ssin

g th

e im

porta

nce

of

busi

ness

org

anis

atio

ns

Rec

omm

ende

d te

xt

book

s

Busi

ness

se

ctor

s

Des

crib

e pr

ivat

e an

d pu

blic

sec

tors

I

dent

ify ty

pes

of b

usin

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units

und

er

priv

ate

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publ

ic s

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Priv

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Typ

es o

f bus

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its

Tab

ulat

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diffe

renc

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etw

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ssify

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busi

ness

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ts in

to p

rivat

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d pu

blic

sec

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Flo

w c

hart

of b

usin

ess

in th

e pr

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d pu

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ctor

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ocal

bus

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ntre

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SINESS ORG

ANISATIONS

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:01 PM Page 13

14Commerce (Form 1 - 4) Syllabus

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Intro

duct

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to

Ente

rpris

e

Id

entif

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e qu

aliti

es o

f an

entre

pren

eur

Ex

plai

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e ad

vant

ages

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di

sadv

anta

ges

of b

eing

an

entre

pren

eur

Ev

alua

te t

he im

porta

nce

of

ente

rpris

e sk

ills to

the

econ

omy

C

hara

cter

istic

s of

an

entre

pren

eur

Ad

vant

ages

and

di

sadv

anta

ges

of b

eing

an

entre

pren

eur

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porta

nce

of e

nter

pris

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ills to

the

econ

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St

atin

g ch

arac

teris

tics

of a

n en

trepr

eneu

r

Anal

ysin

g ad

vant

ages

and

di

sadv

anta

ges

of b

eing

an

entre

pren

eur

Vi

sitin

g ne

arby

ent

repr

eneu

rs

D

iscu

ssin

g im

porta

nce

of e

nter

pris

e sk

ills

As

sess

ing

the

impo

rtanc

e of

en

terp

rise

skills

to th

e ec

onom

y

R

ecom

men

ded

text

book

s

Res

ourc

e pe

rson

s

ICT

tool

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7.5 ENTERPRISE

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:01 PM Page 14

15Commerce (Form 1 - 4) Syllabus

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Fin

ance

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ain

the

diffe

rent

sou

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inco

me

St

ate

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avin

g in

com

e

Just

ify th

e ne

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sav

e in

com

e

Iden

tify

met

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for p

erso

nal

inve

stm

ent

An

alys

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ason

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So

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me

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ving

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e

Dis

cuss

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met

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nal

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ents

Eval

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R

ecom

men

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text

bo

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Br

ochu

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on s

avin

g po

rtfol

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IC

T to

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Mon

ey

Tr

ace

the

orig

ins

of m

oney

Des

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arac

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mon

ey

O

utlin

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nctio

ns o

f mon

ey

D

iscu

ss th

e ca

uses

and

effe

cts

of

infla

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O

rigin

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C

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vant

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arte

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Rol

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rade

Dis

cuss

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the

char

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the

func

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of m

oney

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d ef

fect

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in

flatio

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text

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7.6 FINA

NCE AN

D BA

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16Commerce (Form 1 - 4) Syllabus

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Out

line

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eren

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rabl

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rtanc

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tistic

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data

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sura

nce

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assu

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as

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ks

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rtanc

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in

sura

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sitin

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sura

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mpa

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earc

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on

purp

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d as

sura

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stin

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life

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iscu

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ks

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e im

porta

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stat

istic

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ata

in in

sura

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R

esou

rce

pers

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harts

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ranc

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cum

ents

lik

e pr

ospe

ctus

New

spap

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uttin

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IC

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ols

R

ecom

men

ded

text

book

s

Com

mun

al s

yste

ms

of

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ranc

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d as

sura

nce

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entif

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mm

unal

sys

tem

s of

in

sura

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e im

porta

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omm

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sy

stem

s of

insu

ranc

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sura

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mam

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Con

tribu

tions

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n co

mm

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sys

tem

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insu

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sura

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R

esou

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pers

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ed li

tera

ture

7.7 INSURA

NCE AN

D ASSURA

NCE

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:01 PM Page 16

17Commerce (Form 1 - 4) Syllabus

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porta

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mun

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porta

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porta

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com

mun

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ater

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from

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pr

ovid

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cel

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leco

mm

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atio

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crib

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pes

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leco

mm

unic

atio

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d se

rvic

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Ex

plai

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ario

us

tele

com

mun

icat

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serv

ices

Te

leco

mm

unic

atio

n se

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uch

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atel

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stin

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pes

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d se

rvic

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entif

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adv

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disa

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com

mun

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diffe

rent

tele

com

mun

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serv

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pro

vide

d by

va

rious

tele

com

mun

icat

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serv

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prov

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tern

et s

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e se

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us te

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unic

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R

esou

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pers

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7.8 BU

SINESS COM

MUN

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Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:01 PM Page 17

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Cha

ract

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7.10 WAR

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Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:01 PM Page 18

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sica

l and

virt

ual

mar

kets

Lis

ting

type

s of

mar

kets

D

escr

ibin

g ty

pes

of m

arke

ts

Out

linin

g ad

vant

ages

and

di

sadv

anta

ges

of d

iffer

ent t

ypes

of

mar

kets

E

xpla

inin

g fe

atur

es o

f virt

ual a

nd

phys

ical

mar

kets

. V

isiti

ng lo

cal m

arke

ts

Rec

omm

ende

d te

xtbo

oks

Loc

al m

arke

ts

IC

T to

ols

( ( ( ( (

7.11 MAR

KETING

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:01 PM Page 19

20Commerce (Form 1 - 4) Syllabus

!!

((

((

((

(( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( (

%)+"/(

1.,&#"#:()2N./%"O.$X(

R>@B<>B?(?P;TRF(S>(@SR>(=;X(

/)#%.#%(

$0::.$%.-(,/%"O"%".$((,#-(#)%.$(

$0::.$%.-(

&.$)0&/.$(

Form

s of

Pr

oduc

tion

Div

isio

n of

labo

ur

and

spec

ialis

atio

n

Mas

s pr

oduc

tion

Ex

plai

n di

rect

and

indi

rect

pr

oduc

tion

D

iffer

entia

te d

irect

and

indi

rect

pr

oduc

tion

D

escr

ibe

mas

s pr

oduc

tion

Expl

ain

the

adva

ntag

es o

f div

isio

n of

labo

ur a

nd s

peci

aliz

atio

n

D

irect

and

indi

rect

pr

oduc

tion

D

ivis

ion

of la

bour

and

sp

ecia

lisat

ion

D

istin

guis

hing

dire

ct a

nd in

dire

ct

prod

uctio

n

Dis

cuss

ing

spec

ializ

atio

n

Iden

tifyi

ng m

erits

and

dem

erits

of

mas

s pr

oduc

tion

D

emon

stra

ting

divi

sion

of l

abou

r and

sp

ecia

lizat

ion

Vi

sitin

g a

prod

uctio

n si

te

Pr

oduc

tion

site

s

Rel

ated

lit

erat

ure

IC

T To

ols

R

ecom

men

ded

text

book

s

Cha

rts

Cha

in o

f D

istri

butio

n

Stat

e w

ays

in w

hich

goo

ds a

re

dist

ribut

ed fr

om p

rodu

cers

to

cons

umer

s

Iden

tify

fact

ors

cons

ider

ed w

hen

sele

ctin

g ch

anne

ls o

f dis

tribu

tion

C

hain

of d

istri

butio

n fro

m

prod

ucer

s to

con

sum

ers

Fa

ctor

s co

nsid

ered

whe

n se

lect

ing

chan

nels

of

dist

ribut

ion

D

raw

ing

link

diag

ram

s on

cha

nnel

s of

di

strib

utio

n

Expl

aini

ng c

hann

els

of d

istri

butio

n

Des

crib

ing

fact

ors

cons

ider

ed w

hen

sele

ctin

g ch

anne

ls o

f dis

tribu

tion

D

ram

atis

ing

on c

hann

els

of d

istri

butio

n

R

ecom

men

ded

te

xt b

ooks

Cha

rts

IC

T to

ols

FORM

2 SYLLABU

S7.12 PRO

DUCTION

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:01 PM Page 20

21Commerce (Form 1 - 4) Syllabus

!!

((

%)+"/

1.,&#"#:()2N./%"O.$X(

1>@B<>B?(?P;TRF(S>(@SR>(=;X(

/)#%.#%(

$0::.$%.-(,/%"O"%".$(,#-(

#)%.$(

$0::.$%.-(

&.$)0&/.$(

Ret

ail t

rade

Expl

ain

the

func

tions

of r

etai

lers

Dis

tingu

ish

betw

een

larg

e an

d sm

all

scal

e re

taile

rs

D

escr

ibe

the

char

acte

ristic

s an

d or

gani

satio

n of

the

diffe

rent

type

s of

re

taile

rs

D

escr

ibe

the

fact

ors

that

mus

t be

cons

ider

ed w

hen

esta

blis

hing

a

reta

il ou

tlet

D

iscu

ss th

e im

pact

of e

ach

trend

in

reta

iling

Dis

cuss

the

reas

ons

for t

he s

urvi

val

of th

e sm

all s

cale

reta

iler

Fu

nctio

ns o

f ret

aile

rs to

m

anuf

actu

rers

, who

lesa

lers

an

d co

nsum

ers

Ty

pes

of re

taile

rs:

- La

rge

scal

e su

ch a

s

hy

perm

arke

ts

- Sm

all s

cale

suc

h as

tuck

s

hops

- C

hara

cter

istic

s an

d

org

anis

atio

n of

reta

ilers

Fact

ors

to c

onsi

dere

d w

hen

esta

blis

hing

a re

tail

outle

t

Tren

ds in

reta

iling

such

as:

Ele

ctro

nic

Poin

t of S

ale

(EPO

S)

ba

r cod

ing

ve

ndin

g m

achi

nes

E-

com

mer

ce

Su

rviv

al o

f the

sm

all s

cale

re

taile

r

Vi

sitin

g re

taile

rs

Li

stin

g fe

atur

es a

nd fu

nctio

ns o

f di

ffere

nt re

taile

rs o

bser

ved

from

vi

sits

Des

crib

ing

the

char

acte

ristic

s an

d or

gani

satio

n of

eac

h re

tail

outle

t

Dis

cuss

ing

the

trend

s in

reta

iling

Sh

owin

g tre

nds

in re

tailin

g th

roug

h th

e us

e of

prin

t and

ele

ctro

nic

med

ia

O

utlin

ing

the

adva

ntag

es a

nd

disa

dvan

tage

s of

the

trend

s in

re

taili

ng

D

ebat

ing

on th

e re

ason

s fo

r the

su

rviv

al o

f sm

all s

cale

reta

iler

R

ecom

men

ded

text

boo

ks

IC

T to

ols

re

tail

outle

ts

ch

arts

Hire

pur

chas

e an

d de

ferr

ed p

aym

ents

Expl

ain

the

mai

n fe

atur

es o

f hire

pu

rcha

se a

nd d

efer

red

paym

ents

Com

pare

hire

pur

chas

e an

d de

ferr

ed p

aym

ents

Iden

tify

the

sour

ces

of fi

nanc

ing

hire

pu

rcha

se a

nd c

redi

t sal

e tra

nsac

tions

H

ire p

urch

ase

and

defe

rred

pa

ymen

t/cre

dit s

ale

Ty

pes

of c

redi

t, m

ain

feat

ures

, adv

anta

ges

and

disa

dvan

tage

s of

:

hire

pur

chas

e

defe

rred

pay

men

ts

cr

edit

card

s

info

rmal

cre

dit

D

iscu

ssin

g ty

pes

of c

redi

t

Deb

atin

g on

the

reas

ons

for a

nd

agai

nst b

uyin

g on

cre

dit

Id

entif

ying

sim

ilarit

ies

and

diffe

renc

e be

twee

n hi

re p

urch

ase

and

defe

rred

pa

ymen

ts

R

esea

rchi

ng a

nd re

porti

ng b

ack

on

the

mer

its a

nd d

emer

its o

f hire

pu

rcha

se a

nd c

redi

t sal

e

Dis

cuss

ing

the

sour

ces

of fi

nanc

ing

hire

pur

chas

e an

d cr

edit

sale

tra

nsac

tions

Rol

e pl

ayin

g

Dis

cuss

ing

feat

ures

of i

nfor

mal

cr

edit

R

ecom

men

ded

text

book

s

Sam

ples

of c

redi

t ca

rds

H

ire P

urch

ase

Act

M

edia

suc

h as

ne

wsp

aper

s an

d m

agaz

ines

Res

ourc

e pe

rson

Ret

ail o

utle

ts

7.13 TRA

DE

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:01 PM Page 21

22Commerce (Form 1 - 4) Syllabus

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1>@B<>B?(?P;TRF(S>(@SR>(=;X(

/)#%.#%(

$0::.$%.-(,/%"O"%".$(,#-(

#)%.$(

$0::.$%.-(

&.$)0&/.$(

U

sing

reso

urce

per

sons

to e

xpla

in

the

type

s of

cre

dit

Dis

coun

ts

D

ocum

ents

use

d in

ho

me

trade

Ex

plai

n th

e na

ture

and

pur

pose

of

trade

and

cas

h di

scou

nts

D

istin

guis

h be

twee

n tra

de a

nd c

ash

disc

ount

s

Id

entif

y th

e do

cum

ents

use

d in

ho

me

trade

Expl

ain

the

impo

rtanc

e of

do

cum

ents

use

d in

hom

e tra

de

Li

st th

e co

nten

ts o

f eac

h do

cum

ent

used

in h

ome

trade

Expl

ain

the

func

tions

of e

ach

docu

men

t use

d in

hom

e tra

de

Tr

ade

and

cash

dis

coun

ts

The

impo

rtanc

e of

do

cum

ents

use

d in

hom

e tra

de

D

ocum

ents

use

d in

hom

e tra

de s

uch

as e

nqui

ry,

quot

atio

n an

d re

ceip

t

D

iscu

ssin

g th

e pu

rpos

es o

f tra

de

and

cash

dis

coun

ts

Li

stin

g th

e fe

atur

es o

f tra

de a

nd

cash

dis

coun

ts

C

alcu

latin

g tra

de a

nd c

ash

disc

ount

s

Diff

eren

tiatin

g tra

de d

isco

unt f

rom

ca

sh d

isco

unt

D

iscu

ssin

g th

e im

porta

nce

of

docu

men

ts u

sed

in h

ome

trade

Col

lect

ing

and

anal

ysin

g sa

mpl

es o

f do

cum

ents

use

d in

hom

e tra

de

D

emon

stra

ting

the

use

of

docu

men

ts u

sed

in h

ome

trade

List

ing

the

cont

ents

and

func

tions

of

each

doc

umen

t use

d in

hom

e tra

de

Fi

ling

in d

ocum

ents

use

d in

hom

e tra

de

D

ram

atis

ing

on th

e us

e of

trad

e do

cum

ents

Cat

alog

ues

Sam

ples

of t

he

docu

men

ts s

uch

as in

voic

es a

nd

cred

it no

tes

( ( ( ( ( ( ( ( ( ( ( ( ( ( (

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 22

23Commerce (Form 1 - 4) Syllabus

!!

((

(( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( (

%)+"/(

1.,&#"#:()2N./%"O.$X(

R>@B<>B?(?P;TRF(S>(@SR>(=;X(

/)#%.#%(

$0::.$%.-(,/%"O"%".$((,#-(#)%.$(

$0::.$%.-(

&.$)0&/.$(

Con

sum

er P

rote

ctio

n Bo

ards

Iden

tify

Con

sum

er P

rote

ctio

n Bo

ards

Ex

plai

n th

e ro

les

of C

onsu

mer

Pr

otec

tion

Boar

ds

C

onsu

mer

Pro

tect

ion

Boar

ds

such

as

Con

sum

er C

ounc

il of

Zim

babw

e an

d St

anda

rds

Asso

ciat

ion

of Z

imba

bwe

Li

stin

g C

onsu

mer

Pro

tect

ion

Boa

rds

Dis

cuss

ing

the

role

s of

Con

sum

er

Prot

ectio

n Bo

ards

R

ecom

men

ded

text

bo

oks

R

esou

rce

pers

ons

IC

T to

ols

Pa

mph

lets

7.14 CON

SUMER PRO

TECTION

!!

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(( (

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/)#%.#%(

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$0::.$%.-(

&.$)0&/.$(

Uni

ncor

pora

ted

Busi

ness

Uni

ts

Ex

plai

n th

e fe

atur

es o

f un

inco

rpor

ated

bus

ines

ses

Ex

amin

e ad

vant

ages

and

di

sadv

anta

ges

of u

ninc

orpo

rate

d bu

sine

ss u

nits

D

istin

guis

h be

twee

n so

le

prop

rieto

rshi

p an

d pa

rtner

ship

Fe

atur

es o

f uni

ncor

pora

ted

busi

ness

uni

ts

Ad

vant

ages

and

di

sadv

anta

ges

of

unin

corp

orat

ed b

usin

ess

units

For

mat

ion,

ow

ners

hip

and

cont

rol

D

escr

ibin

g th

e fe

atur

es o

f un

inco

rpor

ated

bus

ines

s un

its

D

iffer

entia

ting

betw

een

sole

pr

oprie

tors

hip

and

partn

ersh

ip

D

iscu

ssin

g th

e ad

vant

ages

and

di

sadv

anta

ges

of u

ninc

orpo

rate

d bu

sine

ss u

nits

Expl

aini

ng th

e fo

rmat

ion,

ow

ners

hip

and

cont

rol

Vi

sitin

g ne

arby

sol

e pr

oprie

tors

and

pa

rtner

ship

s su

ch a

s la

w fi

rms

R

ole

play

ing

on fo

rmat

ion

of

partn

ersh

ips

R

ecom

men

ded

text

boo

ks

N

earb

y sh

ops

IC

T to

ols

La

w fi

rms

D

eed

of

partn

ersh

ips

( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( (

7.15 BUSINESS OR

GANISATION

S

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 23

24Commerce (Form 1 - 4) Syllabus

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((

(%)+"/(

1.,&#"#:()2N./%"O.$X(

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/)#%.#%(

$0::.$%.-(,/%"O"%".$((,#-(#)%.$(

$0::.$%.-(

&.$)0&/.$(

Man

agem

ent

func

tions

Ex

plai

n va

rious

man

agem

ent

func

tions

Exec

ute

vario

us m

anag

emen

t fu

nctio

ns

Ex

plai

n th

e im

porta

nce

of

man

agem

ent f

unct

ions

M

anag

emen

t fun

ctio

ns s

uch

as p

lann

ing,

lead

ing,

or

gani

sing

, dire

ctin

g a

nd

cont

rolli

ng

Im

porta

nce

of v

ario

us

man

agem

ent f

unct

ions

An

alys

ing

man

agem

ent f

unct

ions

Res

earc

hing

on

effe

ctiv

e m

anag

emen

t sk

ills

O

pera

ting/

impl

emen

ting

busi

ness

en

terp

rises

Des

crib

ing

impo

rtanc

e of

man

agem

ent

func

tions

R

ecom

men

ded

text

book

s

Loca

l via

ble

proj

ects

Busi

ness

eth

ics

Id

entif

y et

hica

l con

side

ratio

ns in

bu

sine

ss

Ex

plai

n th

e ro

le o

f eth

ics

in

busi

ness

and

soc

iety

Des

crib

e th

e im

porta

nce

of e

thic

s in

bus

ines

s

Bu

sine

ss e

thic

al

cons

ider

atio

ns

R

ole

of e

thic

s to

bus

ines

s an

d so

ciet

y

Impo

rtanc

e of

eth

ics

in

busi

ness

R

esea

rchi

ng a

nd re

porti

ng b

ack

on

ethi

cal c

onsi

dera

tions

in b

usin

ess

D

escr

ibin

g th

e ro

le o

f eth

ics

An

alys

ing

impo

rtanc

e of

eth

ics

in

busi

ness

Citi

ng u

neth

ical

con

duct

in b

usin

ess

R

ole

play

ing

on a

ccep

tabl

e bu

sine

ss

cond

uct

R

ecom

men

ded

text

book

s

Res

ourc

e pe

rson

s

( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( (

7.16 ENTERPRISE

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 24

25Commerce (Form 1 - 4) Syllabus

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((

((

( ( ( ( ( ( ( ( ( ( (

%)+"/(

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&.$)0&/.$(

Man

agin

g Pe

rson

al

Fina

nces

Taxa

tion

Dra

w u

p pe

rson

al b

udge

ts

Dis

cuss

reas

ons

for b

orro

win

g I

dent

ify b

orro

win

g o

ptio

ns

Rec

ogni

se th

e le

gal o

blig

atio

n to

pa

y ta

x A

naly

se th

e ne

ed fo

r fin

anci

al

advi

ce

Det

erm

ine

the

cons

eque

nces

for

finan

cial

mis

man

agem

ent

Bud

getin

g B

orro

win

g op

tions

suc

h as

: _O

verd

raft

_Ban

k lo

an

_Tra

de c

redi

t T

axat

ion

Fin

anci

al a

dvic

e (c

onsu

ltanc

y)

Fin

anci

al m

ism

anag

emen

t

Pre

parin

g pe

rson

al b

udge

ts

Ide

ntify

ing

situ

atio

ns in

whi

ch in

divi

dual

s sh

ould

or s

houl

d no

t bor

row

L

istin

g bo

rrow

ing

optio

ns

Dis

cuss

ing

pers

onal

taxe

s I

dent

ifyin

g so

urce

s of

fina

ncia

l adv

ice

Exp

lain

ing

the

cons

eque

nces

of f

inan

cial

m

ism

anag

emen

t

Rec

omm

ende

d te

xtbo

ok

Res

ourc

e pe

rson

s B

udge

t tem

plat

e C

harts

I

CT

tool

s

Bank

ing

syst

em

Fina

ncia

l ins

titut

ion

:

- co

mm

erci

al b

anks

Ide

ntify

diff

eren

t typ

es o

f ban

ks

Des

crib

e th

e se

rvic

es o

ffere

d by

co

mm

erci

al b

anks

Ban

king

sys

tem

C

lass

ifica

tion

of B

anks

C

omm

erci

al B

anki

ng s

ervi

ces

such

as

: -

Savi

ngs

and

curr

ent

acco

unts

-

Loan

s an

d ov

erdr

afts

-

Bank

car

ds

- C

hequ

es

- El

ectro

nic

trans

fers

-

Auto

mat

ed te

ller

Mac

hine

s (A

TMs)

-

Stan

ding

ord

ers

Dra

win

g a

tabl

e on

ban

ks

iden

tifyi

ng th

e ch

arac

teris

tics

of a

co

mm

erci

al b

ank

Vis

iting

com

mer

cial

ban

ks

Ope

ratin

g an

ATM

F

illing

in c

hequ

es, w

ithdr

awal

slip

s,

depo

sit s

lips

and

RTG

s D

epos

iting

mon

ey

Dra

win

g a

diag

ram

sho

win

g in

ter

rela

tedn

ess

of fi

nanc

ial i

nstit

utio

ns

Che

que

book

s B

ank

card

s D

epos

it sl

ips

Res

ourc

e pe

rson

s A

TMs

Cha

rts

ITC

tool

s R

ecom

men

ded

text

book

s

7.17 FINAN

CE AND

BAN

KING

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 25

26Commerce (Form 1 - 4) Syllabus

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$0::.$%.-(

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Prin

cipl

es o

f In

sura

nce

D

ocum

ents

use

d in

in

sura

nce

and

assu

ranc

e

Ex

plai

n th

e pr

inci

ples

of

insu

ranc

e.

Id

entif

y th

e do

cum

ents

use

d in

in

sura

nce

U

tmos

t goo

d fa

ith, i

ndem

nity

, in

sura

ble

inte

rest

and

pr

oxim

ate

caus

e

D

ocum

ents

use

d in

in

sura

nce

such

as

pros

pect

us, p

olic

y an

d co

ver

note

.

D

iscu

ssin

g th

e pr

inci

ples

of i

nsur

ance

D

escr

ibin

g th

e fe

atur

es o

f eac

h do

cum

ent

R

esou

rce

pe

rson

s

Pam

phle

ts

R

elev

ant

docu

men

ts

such

as

prop

osal

form

s an

d po

licie

s

ICT

tool

s In

sura

nce

Proc

edur

es

O

utlin

e th

e pr

oced

ure

in

obta

inin

g an

insu

ranc

e po

licy

D

escr

ibe

the

proc

edur

e in

ef

fect

ing

a cl

aim

Stat

e th

e fu

nctio

ns o

f bro

kers

, un

derw

riter

s, a

ctua

ries

and

asse

ssor

s

Ef

fect

ing

an in

sura

nce

polic

y

Mak

ing

a cl

aim

Brok

ers

U

nder

writ

ers

Ac

tuar

ies

As

sess

ors

D

ram

atis

ing

the

taki

ng o

ut o

f the

in

sura

nce

polic

y

fil

ling

insu

ranc

e do

cum

ents

suc

h as

pr

opos

al fo

rm

ro

le p

layi

ng th

e fu

nctio

ns o

f the

di

ffere

nt p

eopl

e in

volv

ed in

insu

ranc

e

R

ecom

men

ded

text

boo

ks

Sa

mpl

es o

f re

leva

nt

docu

men

ts

7.18 INSURA

NCE AN

D ASSURA

NCE

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 26

27Commerce (Form 1 - 4) Syllabus

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$0::.$%.-(

&.$)0&/.$(

Post

al s

ervi

ces

Id

entif

y ag

ents

of p

osta

l ser

vice

s

Des

crib

e ea

ch o

f the

pos

tal

serv

ices

Expl

ain

the

impo

rtanc

e of

va

rious

pos

tal s

ervi

ces

D

iscu

ss d

raw

back

s of

eac

h po

stal

ser

vice

Ag

ents

of p

osta

l ser

vice

s su

ch a

s Zi

mpo

st, D

HL,

FE

DEX

and

TN

T

Type

s of

pos

tal s

ervi

ces

such

as

; -

Free

pos

t -

Busi

ness

repl

y se

rvic

e -

Expe

dite

d m

ail s

ervi

ce

- Fr

anki

ng m

achi

ne

- R

ecor

ded

deliv

ery

- R

egis

tere

d m

ail

- C

ash

on d

eliv

ery

- Po

ste

rest

ante

Impo

rtanc

e an

d dr

awba

cks

of

vario

us p

osta

l ser

vice

s

Li

stin

g ag

ents

of p

osta

l ser

vice

s

Dis

cuss

ing

vario

us p

osta

l ser

vice

s

Anal

ysin

g th

e im

porta

nce

of v

ario

us

post

al s

ervi

ces

and

thei

r dra

wba

cks

Visi

ting

post

al s

ervi

ce p

rovi

ders

R

ecom

men

ded

text

book

s

Res

ourc

e pe

rson

s

Mat

eria

l fro

m

serv

ice

prov

ider

s su

ch a

s br

ochu

res

and

mag

azin

es

Po

stal

age

nts

Effe

ctiv

e co

mm

unic

atio

n

Expl

ain

the

impo

rtanc

e of

ef

fect

ive

com

mun

icat

ion

Id

entif

y en

hanc

ers

of e

ffect

ive

com

mun

icat

ion

O

utlin

e ba

rrie

rs to

effe

ctiv

e co

mm

unic

atio

n

Sugg

est w

ays

of o

verc

omin

g ba

rrie

rs to

effe

ctiv

e co

mm

unic

atio

n

Im

porta

nce

of e

ffect

ive

com

mun

icat

ion

En

hanc

ers

of e

ffect

ive

com

mun

icat

ion

Ba

rrie

rs to

effe

ctiv

e co

mm

unic

atio

n

Ove

rcom

ing

barr

iers

to

effe

ctiv

e co

mm

unic

atio

n

St

atin

g th

e im

porta

nce

of e

ffect

ive

com

mun

icat

ion

D

iscu

ssin

g en

hanc

ers

of e

ffect

ive

com

mun

icat

ion

Li

stin

g ba

rrie

rs to

effe

ctiv

e co

mm

unic

atio

n

Giv

ing

solu

tions

to b

arrie

rs to

effe

ctiv

e co

mm

unic

atio

n

Dem

onst

ratin

g ef

fect

ive

com

mun

icat

ion

thro

ugh

role

pla

ying

R

ecom

men

ded

text

book

s

ICT

tool

s

(! ! ! ! ! !

7.19 BUSINESS CO

MMUN

ICATION

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 27

28Commerce (Form 1 - 4) Syllabus

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Cho

ice

of T

rans

port

Dis

cuss

fact

ors

that

influ

ence

th

e ch

oice

of t

rans

port

Fa

ctor

s in

fluen

cing

cho

ice

of

trans

port

R

esea

rchi

ng o

n fa

ctor

s th

at in

fluen

ce

choi

ce o

f tra

nspo

rt

Mat

chin

g m

odes

of t

rans

port

to g

oods

ca

rrie

d

Inte

rvie

win

g pe

ople

at p

lace

s su

ch a

s bu

s te

rmin

i and

airp

orts

R

ecom

men

ded

text

boo

ks

IC

T to

ols

Sa

mpl

es o

f do

cum

ents

us

ed in

tra

nspo

rt

Res

ourc

e pe

rson

s D

ocum

ents

use

d in

tra

nspo

rt

List

doc

umen

ts u

sed

in

trans

port

O

utlin

e th

e co

nten

ts o

f eac

h do

cum

ent

Ex

plai

n th

e pu

rpos

e of

eac

h do

cum

ent i

n tra

nspo

rt

D

ocum

ents

use

d in

tran

spor

t su

ch a

s:

-Bill

of la

ding

-A

irway

bill

-C

harte

r par

ty

-Con

sign

men

t not

e -D

eliv

ery

note

Id

entif

ying

doc

umen

ts u

sed

in

trans

port

C

ompl

etin

g tra

nspo

rt do

cum

ents

Det

erm

inin

g th

e pu

rpos

e of

eac

h do

cum

ent

Sa

mpl

es o

f do

cum

ents

us

ed in

tra

nspo

rt

Rec

omm

ende

d te

xt b

ooks

ICT

tool

s

Port

auth

oriti

es

Id

entif

y fa

cilit

ies

foun

d on

a p

ort

D

escr

ibe

the

serv

ices

pro

vide

d by

diff

eren

t Por

t Aut

horit

ies

Po

rt fa

cilit

ies

Se

rvic

es p

rovi

ded

by

diffe

rent

Por

t Aut

horit

ies

Vi

sitin

g po

rts a

nd w

ritin

g re

ports

Res

ourc

e pe

rson

s

Rec

omm

ende

d te

xt b

ooks

7.20 TRA

NSPO

RT

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 28

29Commerce (Form 1 - 4) Syllabus

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$0::.$%.-(

&.$)0&/.$(

Impo

rtanc

e of

w

areh

ousi

ng

D

iscu

ss im

porta

nce

of

war

ehou

sing

Expl

ain

the

func

tions

of

war

ehou

ses

Im

porta

nce

of w

areh

ousi

ng

Fu

nctio

ns o

f war

ehou

ses

As

sess

ing

the

impo

rtanc

e of

w

areh

ousi

ng

D

escr

ibin

g th

e fu

nctio

ns o

f w

areh

ouse

s

R

ecom

men

ded

text

boo

ks

IC

T to

ols

W

areh

ouse

s

7.21 WAR

EHOU

SING

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Mar

ket s

egm

enta

tion

M

arke

ting

appr

oach

es

Ex

plai

n m

arke

t seg

men

tatio

n

Iden

tify

base

s of

mar

ket

segm

enta

tion

Out

line

reas

ons

for m

arke

t se

gmen

tatio

n

Ex

plai

n m

ass

and

nich

e m

arke

ting

M

arke

t seg

men

tatio

n

Fact

ors

to w

hich

can

be

used

whe

n se

gmen

ting

a m

arke

t suc

h as

de

mog

raph

y, in

com

e an

d pe

rson

al in

tere

sts

Rea

sons

for m

arke

t se

gmen

tatio

n

Mas

s m

arke

ting

N

iche

mar

ketin

g

D

escr

ibin

g m

arke

t seg

men

tatio

n

Expl

aini

ng b

ases

of m

arke

t se

gmen

tatio

n to

con

side

r whe

n se

gmen

ting

a m

arke

t

Subd

ivid

ing

mar

kets

into

var

ious

se

gmen

ts

D

istin

guis

hing

mas

s an

d ni

che

mar

ketin

g

R

ecom

men

ded

text

boo

ks

IC

T to

ols

M

arke

ts

( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( (

7.22 MAR

KETINN

G

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 29

30Commerce (Form 1 - 4) Syllabus

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Valu

e ad

ditio

n an

d Be

nefic

iatio

n

Ex

plai

n th

e te

rms

valu

e ad

ditio

n an

d be

nefic

iatio

n

Add

valu

e to

a p

rodu

ct

Ex

plai

n ho

w v

alue

can

be

adde

d at

eac

h st

age

of p

rodu

ctio

n

Iden

tify

how

the

com

mun

ity a

nd

the

coun

try a

t lar

ge b

enef

it fro

m

the

expl

oita

tion

of it

s re

sour

ces

Va

lue

addi

tion

and

bene

ficia

tion

U

nder

taki

ng a

pro

ject

on

valu

e ad

ditio

n

Deb

atin

g on

the

mer

its a

nd d

emer

its

of e

xplo

itatio

n of

reso

urce

s

Visi

ting

prod

uctio

n si

tes

IC

T to

ols

R

ecom

men

ded

text

boo

ks

R

elev

ant

liter

atur

e

FORM

3 SYLLABU

S7.23 PRO

DUCTION

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ign

Trad

e

Just

ify th

e in

terd

epen

denc

e of

co

untri

es w

ithin

the

glob

al m

arke

t

Iden

tify

diffi

culti

es fa

ced

by

impo

rters

and

exp

orte

rs

Ex

plai

n en

trepo

t tra

de

Ex

plai

n fre

e tra

de a

nd p

rote

ctio

nism

Exam

ine

reas

ons

for f

ree

trade

Iden

tify

met

hods

of r

estri

ctin

g tra

de

An

alys

e fu

nctio

ns o

f cus

tom

s au

thor

ities

Des

crib

e tra

ding

blo

cs

O

utlin

e ai

ms

of tr

adin

g bl

ocs

An

alys

e th

e be

nefit

s an

d ch

alle

nges

of

trad

ing

bloc

s

List

doc

umen

ts u

sed

in fo

reig

n tra

de

D

escr

ibe

the

purp

ose

and

key

info

rmat

ion

of e

ach

docu

men

t

Iden

tify

inte

rmed

iarie

s in

fore

ign

trade

Expl

ain

func

tions

of e

ach

inte

rmed

iary

in fo

reig

n tra

de

D

istin

guis

h be

twee

n th

e in

term

edia

ries

In

terd

epen

denc

e of

cou

ntrie

s w

ithin

a g

loba

l mar

ket

D

iffic

ultie

s fa

ced

by im

porte

rs a

nd

expo

rters

Entre

pot t

rade

Free

trad

e an

d pr

otec

tioni

sm

Th

e ne

ed fo

r tra

de re

stric

tions

Trad

e re

stric

tions

suc

h as

quo

tas,

em

barg

oes

and

tarif

fs

Fu

nctio

ns o

f cus

tom

s au

thor

ities

su

ch a

s:

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llect

ion

of d

utie

s -

colle

ctio

n of

trad

e st

atis

tics

- co

ntro

lling

bon

ded

war

ehou

ses

Tr

adin

g bl

ocs

such

as:

SA

DC

, C

OM

ESA

, AU

and

EU

Feat

ures

of t

radi

ng b

locs

Aim

s of

trad

ing

bloc

s

Adva

ntag

es a

nd d

isad

vant

ages

of

tradi

ng b

locs

Doc

umen

ts u

sed

in fo

reig

n tra

de

such

as:

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inde

nts

- co

nsul

ar in

voic

e -

lette

r of c

redi

t -

bills

of e

xcha

nge

- cu

stom

s sp

ecifi

catio

n

-

airw

ay b

ill

-bi

ll of

ladi

ng

In

term

edia

ries

in fo

reig

n tra

de s

uch

as b

roke

rs, m

erch

ants

and

fact

ors

D

iffer

ence

s be

twee

n th

e in

term

edia

ries

in fo

reig

n tra

de

D

iscu

ssin

g th

e in

terd

epen

denc

e of

co

untri

es w

ithin

the

glob

al m

arke

t

Anal

ysin

g pr

oble

ms

face

d by

im

porte

rs a

nd e

xpor

ters

Rol

e pl

ay o

n fre

e tra

de a

nd

prot

ectio

nism

List

ing

reas

ons

for p

rote

ctio

nism

Sem

inar

pre

sent

atio

ns o

n m

etho

ds

of re

stric

ting

trade

Dis

cuss

ing

the

role

s of

cus

tom

s au

thor

ities

Con

duct

ing

field

trip

s to

bon

ded

war

ehou

se a

nd p

orts

of e

ntry

or

ZIM

RA

offic

es

Id

entif

ying

mem

ber s

tate

s of

tra

ding

blo

cs s

uch

as: S

AD

C,

CO

ME

SA,

AU a

nd E

U

St

atin

g ai

ms

of tr

adin

g bl

ocs

Ex

plai

ning

feat

ures

of t

radi

ng b

locs

List

ing

adva

ntag

es a

nd

disa

dvan

tage

s of

trad

ing

bloc

s

Anal

ysin

g d

ocum

ents

use

d in

fo

reig

n tra

de

C

olle

ctin

g sa

mpl

es o

f doc

umen

ts

used

in fo

reig

n tra

de

D

escr

ibin

g do

cum

ents

use

d in

fo

reig

n tra

de

Li

stin

g in

term

edia

ries

in fo

reig

n tra

de

R

esea

rchi

ng o

n fu

nctio

ns o

f in

term

edia

ries

in fo

reig

n tra

de

D

iscu

ssin

g di

ffere

nces

bet

wee

n in

term

edia

ries

in fo

reig

n tra

de

R

ecom

men

ded

text

boo

ks

G

uest

exp

erts

fro

m Z

IMR

A

Med

ia s

uch

as

new

spap

ers

and

mag

azin

es

Sa

mpl

e do

cum

ents

Cha

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etho

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the

cons

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role

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over

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etho

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f pro

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the

cons

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Rol

e of

Gov

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lf-pr

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f pro

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umer

s

Res

earc

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on

legi

slat

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prot

ectin

g co

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ays

by w

hich

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sum

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prot

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text

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7.25 CON

SUMER PRO

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33Commerce (Form 1 - 4) Syllabus

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type

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e fo

rmat

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ners

hip

and

cont

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orpo

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tingu

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een

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ate

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plai

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e fe

atur

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d di

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ultin

atio

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ss th

e im

pact

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ultin

atio

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corp

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to th

e ho

st a

nd p

aren

t co

untry

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ivat

e lim

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pani

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twee

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corp

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vant

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corp

orat

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ultin

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ratio

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vant

ages

and

di

sadv

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stin

g th

e ty

pes

of In

corp

orat

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busi

ness

uni

ts

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plai

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the

form

atio

n, o

wne

rshi

p an

d co

ntro

l of I

ncor

pora

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busi

ness

un

its

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ompa

ring

priv

ate

limite

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mpa

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an

d pu

blic

lim

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com

pani

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escr

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e ad

vant

ages

and

di

sadv

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of in

corp

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ness

uni

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e fe

atur

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corp

orat

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to th

e ho

st a

nd p

aren

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untry

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mpl

es o

f do

cum

ents

suc

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: -A

rticl

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f As

soci

atio

n -M

emor

andu

m o

f As

soci

atio

n -C

ertif

icat

e of

In

corp

orat

ion

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Cer

tific

ate

R

ecom

men

ded

text

bo

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IC

T to

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Publ

ic s

ecto

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nits

Giv

e re

ason

s fo

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form

atio

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pu

blic

org

anis

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ns

St

ate

the

func

tions

of p

ublic

en

terp

rises

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line

the

mer

its a

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blic

sec

tor o

rgan

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rast

atal

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l aut

horit

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arke

ting

boar

ds

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plai

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the

form

atio

n of

pub

lic

orga

nisa

tions

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ting

loca

l pub

lic s

ecto

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sine

sses

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ing

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func

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ublic

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terp

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tifyi

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e m

erits

and

dem

erits

of

publ

ic s

ecto

r ent

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text

bo

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blic

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tool

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7.26 BUSINESS OR

GANISATION

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ness

pl

an

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entif

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nten

ts o

f a b

usin

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plan

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cont

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of a

bus

ines

s pl

an

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esig

n a

busi

ness

pla

n

Bu

sine

ss p

lan

layo

ut

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ecut

ive

sum

mar

y -

orga

nisa

tiona

l bac

kgro

und

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oduc

ts

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arke

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lysi

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stra

tegy

and

impl

emen

tatio

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man

agem

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anci

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lan

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porta

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stin

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nten

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f a b

usin

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cont

ents

of a

bus

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an

C

rafti

ng a

bus

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an

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ssin

g bu

sine

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eas

C

onsu

lting

exp

erts

R

ecom

men

ded

text

book

s

Sam

ples

of

busi

ness

pla

ns

R

esou

rce

pers

ons

Inte

llect

ual

Prop

ertie

s

Iden

tify

diffe

rent

type

s of

inte

llect

ual

prop

ertie

s

Expl

ain

diffe

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type

s of

inte

llect

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prop

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s

Dis

cuss

the

impo

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e of

pro

tect

ing

inte

llect

ual p

rope

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est s

olut

ions

to in

telle

ctua

l pr

oper

ties

infri

ngem

ents

Des

crib

e fu

nctio

ns o

f the

Zim

babw

e Pa

tent

s O

ffice

Ty

pes

of in

telle

ctua

l pro

perti

es s

uch

as tr

adem

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, ind

ustri

al d

esig

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pate

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cop

yrig

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and

geog

raph

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indi

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easo

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r pro

tect

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fring

emen

ts s

uch

as p

iracy

and

pl

agia

rism

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tions

of Z

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ents

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ffice

Li

stin

g di

ffere

nt ty

pes

of In

telle

ctua

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oper

ties

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escr

ibin

g ty

pes

of in

telle

ctua

l pr

oper

ties

Pr

opos

ing

solu

tions

to in

telle

ctua

l pr

oper

ties

infri

ngem

ents

Expl

aini

ng fu

nctio

ns o

f Zim

babw

e Pa

tent

s of

fice

Vi

sitin

g or

gani

satio

ns s

uch

as A

frica

n R

egio

nal I

nter

natio

nal P

rope

rty

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anis

atio

n (A

RIP

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nd Z

imba

bwe

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nts

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ce

R

ecom

men

ded

text

book

s

Res

ourc

e pe

rson

s

Mat

eria

l fro

m

ARIP

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nd W

orld

In

tern

atio

nal

Prop

erty

O

rgan

isat

ion

(WIP

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uch

as

broc

hure

s.

7.27 ENTERPRISE

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 34

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ness

Fin

ance

Des

crib

e th

e va

rious

sou

rces

of

finan

ce

Ev

alua

te th

e so

urce

s of

fina

nce

Ex

plai

n lo

ng te

rm a

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hort

term

cap

ital

D

istin

guis

h be

twee

n sh

ares

an

d de

bent

ures

, ord

inar

y sh

ares

and

pre

fere

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shar

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So

urce

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fina

nce

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as

shar

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eben

ture

s an

d le

asin

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Type

s of

cap

ital

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entif

ying

sou

rces

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inan

ce

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alua

ting

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sour

ces

of fi

nanc

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Cla

ssify

ing

capi

tal i

nto

long

term

and

sh

ort t

erm

Dis

cuss

ing

diffe

renc

es b

etw

een

shar

es a

nd d

eben

ture

s, o

rdin

ary

shar

es a

nd p

refe

renc

e sh

ares

R

ecom

men

ded

text

book

s

Shar

e ce

rtific

ates

New

spap

er c

uttin

gs

IC

T to

ols

Oth

er fi

nanc

ial

inst

itutio

ns

O

utlin

e th

e se

rvic

es re

nder

ed

by e

ach

of th

e fin

anci

al

inst

itutio

ns

M

erch

ant B

anks

Fina

nce

Hou

ses

D

isco

unt H

ouse

s

Build

ing

Soc

ietie

s

avin

gs B

ank

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all E

nter

pris

e an

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evel

opm

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orpo

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sitin

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e fin

anci

al in

stitu

tions

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chin

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ven

serv

ices

to a

fina

ncia

l in

stitu

tion

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escr

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e se

rvic

es o

f eac

h fin

anci

al in

stitu

tion

R

ecom

men

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text

book

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ICT

tool

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Res

erve

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k of

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mba

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func

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he

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role

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he

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nctio

ns o

f The

Res

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nk o

f Zim

babw

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aini

ng th

e fu

nctio

ns o

f The

R

eser

ve B

ank

of Z

imba

bwe

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alua

ting

the

role

s o

f The

Res

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nk o

f Zim

babw

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T to

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otes

and

coi

ns

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harts

and

pa

mph

lets

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spap

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men

ded

text

book

s

7.28 FINAN

CE AND

BAN

KING

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 35

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s of

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Expl

ain

the

type

s of

insu

ranc

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Exam

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the

bene

fits

of

insu

ranc

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d as

sura

nce

polic

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Ex

plai

n re

ason

s fo

r the

fo

rmat

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of N

atio

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ocia

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curit

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thor

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SSA)

In

sura

nce

polic

ies

such

as

fidel

ity g

uara

ntee

and

As

sura

nce

polic

ies

such

as:

w

hole

life

ass

uran

ce, f

uner

al

polic

y an

d m

edic

al a

id

R

easo

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r the

form

atio

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N

SSA

D

iscu

ssin

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e va

rious

type

s of

in

sura

nce

polic

ies

Li

stin

g th

e be

nefit

s of

ass

uran

ce a

nd

insu

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e po

licie

s

Dis

cuss

ing

the

reas

ons

for t

he

form

atio

n of

NS

SA

IC

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R

esou

rce

pers

ons

R

ecom

men

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text

bo

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Expo

rt C

redi

t G

uara

ntee

C

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ratio

n (E

CG

C)

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plai

n th

e pu

rpos

e of

the

ECG

C

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urpo

se o

f the

EC

GC

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cuss

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the

purp

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of th

e E

CG

C

R

ecom

men

ded

text

bo

oks

7.29 INSURA

NCE AN

D ASSURA

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to c

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n ch

oosi

ng m

ode

of

com

mun

icat

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Out

line

fact

ors

to c

onsi

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n ch

oosi

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ode

of c

omm

unic

atio

n F

acto

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con

side

r in

choo

sing

m

ode

of c

omm

unic

atio

n su

ch a

s co

st, u

rgen

cy a

nd re

liabi

lity

Dis

cuss

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fact

ors

to c

onsi

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hen

choo

sing

mod

e of

com

mun

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omm

ende

d te

xtbo

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al a

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form

al

busi

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co

mm

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atio

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tingu

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al a

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sadv

anta

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of fo

rmal

and

in

form

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usin

ess

com

mun

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mal

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eren

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twee

n fo

rmal

and

in

form

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usin

ess

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mun

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ting

adva

ntag

es a

nd

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dvan

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ples

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mem

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book

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bus

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mm

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ends

in c

omm

unic

atio

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sses

s th

e im

pact

of t

hese

te

chno

logi

cal d

evel

opm

ents

in

com

mun

icat

ion.

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nds

in b

usin

ess

com

mun

icat

ion

such

as

the

use

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kype

, tw

itter

, blo

gs, e

-mai

l, Fa

cebo

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nd W

hats

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cuss

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ds in

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mun

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velo

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com

mun

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ktop

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d sm

art p

hone

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ons

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7.30 BUSINESS CO

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crib

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arac

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each

dev

elop

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ss th

e im

pact

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cuss

ing

the

reas

ons

in th

e in

crea

se o

f air

carg

o

R

ecom

men

ded

text

boo

k

ICT

tool

s

Res

ourc

e pe

rson

s

7.31 TRA

NSPO

RT

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((

(%)+"/(

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pes

of

war

ehou

ses

Loca

tion

of a

w

areh

ouse

Id

entif

y ty

pes

of w

areh

ouse

s

Se

lect

an

appr

opria

te s

ite fo

r a

war

ehou

se

Ty

pes

of w

areh

ouse

s su

ch

as

_ pr

ivat

e _m

anuf

actu

rers

_w

hole

sale

rs

_ret

aile

rs

_pub

lic

_Bon

ded

Fa

ctor

s to

con

side

r whe

n lo

catin

g a

war

ehou

se

ca

tego

risin

g w

areh

ouse

s in

to

priv

ate

and

publ

ic

Vi

sitin

g w

areh

ouse

s, o

bser

ving

ac

tiviti

es a

nd re

porti

ng b

ack

An

alys

ing

fact

ors

cons

ider

ed

whe

n lo

catin

g a

war

ehou

se

W

areh

ouse

s

ICT

tool

s

( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( (

7.32 WAR

EHOU

SING

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 38

39Commerce (Form 1 - 4) Syllabus

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Mar

ketin

g m

ix

Iden

tify

mar

ketin

g m

ix v

aria

bles

Expl

ain

mar

ketin

g m

ix v

aria

bles

Anal

yse

impa

ct o

f mar

ketin

g m

ix

varia

bles

M

arke

ting

mix

var

iabl

es s

uch

as p

rodu

ct, p

rice,

pla

ce a

nd

prom

otio

n

Anal

ysis

of e

ach

mar

ketin

g m

ix v

aria

ble

Asse

ssm

ent o

f the

Impa

ct o

f ea

ch m

arke

ting

mix

var

iabl

es

to th

e m

arke

t and

bus

ines

s

Li

stin

g m

arke

ting

mix

va

riabl

es

D

escr

ibin

g m

arke

ting

mix

va

riabl

es

D

iscu

ssin

g m

arke

ting

mix

va

riabl

es

Su

gges

ting

appr

opria

te

pric

ing,

pro

duct

s, d

istri

butio

n an

d pr

omot

iona

l too

ls f

or a

gi

ven

mar

ket

C

rafti

ng a

n ad

verti

sing

mod

el

R

ecom

men

ded

text

book

s

New

spap

er c

uttin

gs

show

ing

item

s su

ch a

s pr

ess

rele

ases

Trad

e jo

urna

ls

( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( (

7.32 MAR

KETING

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 39

40Commerce (Form 1 - 4) Syllabus

!!

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(

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1.,&#"#:()2N./%"O.$X(

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#)%.$(

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&.$)0&/.$(

Bu

sine

ss

envi

ronm

ent

D

escr

ibe

busi

ness

env

ironm

ent

Id

entif

y th

e in

tern

al a

nd e

xter

nal

fact

ors

affe

ctin

g a

busi

ness

Expl

ain

how

eac

h fa

ctor

affe

cts

a bu

sine

ss

Bu

sine

ss e

nviro

nmen

t

Elem

ents

of t

he b

usin

ess

Inte

rnal

env

ironm

ent

e su

ch a

s cu

stom

ers,

em

ploy

ees

and

sup

plie

rs

Ex

tern

al e

nviro

nmen

t suc

h as

po

litic

al, e

cono

mic

, soc

ial a

nd

tech

nolo

gica

l

Ex

plai

ning

bus

ines

s en

viro

nmen

t

Res

earc

hing

on

the

impa

ct o

f in

tern

al a

nd e

xter

nal f

acto

rs

An

alys

ing

the

impa

ct o

f int

erna

l an

d ex

tern

al fa

ctor

s

IC

T to

ols

N

ewsp

aper

cu

tting

s

Rec

omm

ende

d te

xt b

ooks

FORM

4 SYLLABU

S7.34 PRO

DUCTION

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lanc

e of

Pa

ymen

ts

D

istin

guis

h be

twee

n Vi

sibl

e an

d In

visi

ble

Trad

e

Cal

cula

te B

alan

ce o

f Tra

de,

Invi

sibl

e Tr

ade

and

Bala

nce

of

Paym

ents

Con

vert

curr

enci

es

O

utlin

e th

e w

ays

of c

orre

ctin

g Ba

lanc

e of

Pay

men

ts d

efic

it

Vi

sibl

e an

d In

visi

ble

Trad

e

Bala

nce

of In

visi

ble

Trad

e an

d Ba

lanc

e of

Pay

men

ts

Ex

chan

ge ra

tes

M

etho

ds o

f cor

rect

ing

Bala

nce

of P

aym

ents

def

icit

C

ompa

ring

Vis

ible

and

Invi

sibl

e tra

de

D

emon

stra

ting

the

calc

ulat

ion

of

trade

tran

sact

ions

Cal

cula

ting

exch

ange

rate

s

Dis

cuss

ing

way

s of

cor

rect

ing

Bala

nce

of P

aym

ents

def

icit

R

ecom

men

ded

text

boo

ks

Sa

mpl

es o

f di

ffere

nt

curr

enci

es

IC

T to

ols

N

ewsp

aper

cu

tting

s ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( (

7.35 TRA

DE

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 40

41Commerce (Form 1 - 4) Syllabus

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(( (

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#)%.$(

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Trad

ers

Asso

ciat

ions

I

dent

ify tr

ader

s as

soci

atio

ns

Exp

lain

the

func

tions

of t

rade

rs

asso

ciat

ions

Tra

ders

ass

ocia

tions

suc

h as

Cro

ss

Boar

ders

Ass

ocia

tion,

Boo

k Se

llers

As

soci

atio

n an

d Zi

mba

bwe

Nat

iona

l Ve

ndor

s As

soci

atio

n (Z

NV

A)

Tra

ders

Ass

ocia

tions

func

tions

Inv

iting

repr

esen

tativ

es fr

om v

ario

us

orga

nisa

tions

to e

xpla

in th

e fu

nctio

ns o

f tra

ders

ass

ocia

tions

Rec

omm

ende

d te

xtbo

oks

Mat

eria

l fro

m th

e or

gani

satio

ns

R

esou

rce

Pers

ons

Busi

ness

M

embe

rshi

p O

rgan

isat

ion

(BM

Os)

Exp

lain

the

impo

rtanc

e of

Bus

ines

s M

embe

rshi

p O

rgan

isat

ions

B

usin

ess

Mem

bers

hip

Org

anis

atio

ns

such

as

ZNC

C, C

ZI a

nd Z

IMTR

ADE

D

iscu

ssin

g im

porta

nce

of B

MO

s R

ecom

men

ded

text

book

s M

ater

ials

from

or

gani

satio

ns

Smal

l to

Med

ium

En

terp

rises

(S

MEs

)

Des

crib

e th

e fe

atur

es o

f Sm

all t

o M

ediu

m E

nter

pris

es (S

MEs

) E

xpla

in th

e im

porta

nce

of S

MEs

O

utlin

e th

e c

halle

nges

fac

ed b

y Sm

all t

o M

ediu

m E

nter

pris

es

(SM

Es)

Eva

luat

e G

over

nmen

t ini

tiate

d pr

ogra

mm

es m

eant

for S

mal

l to

Med

ium

Ent

erpr

ises

(SM

Es)

Sm

all t

o M

ediu

m E

nter

pris

es (S

MEs

) F

eatu

res

and

impo

rtanc

e of

Sm

all t

o M

ediu

m E

nter

pris

es (S

MEs

) C

halle

nges

of S

mal

l to

Med

ium

En

terp

rises

(SM

Es)

Gov

ernm

ent a

ssis

tanc

e to

Sm

all t

o M

ediu

m E

nter

pris

es (S

MEs

) C

reat

ion

of S

MEs

spe

cial

zon

es s

uch

as S

iyas

o an

d G

len

Vie

w A

rea

8

Vis

iting

loca

l Sm

all t

o M

ediu

m

Ente

rpris

es (S

MEs

) E

valu

atin

g th

e co

ntrib

utio

n of

Sm

all

to M

ediu

m E

nter

pris

es (S

MEs

) to

Zim

babw

ean

econ

omy

O

utlin

ing

cha

lleng

es fa

ced

by

Smal

l to

Med

ium

Ent

erpr

ises

(SM

Es)

Dis

cuss

ing

Gov

ernm

ent i

nitia

ted

prog

ram

mes

mea

nt fo

r Sm

all t

o M

ediu

m E

nter

pris

es (S

MEs

)

Rec

omm

ende

d te

xt

book

s R

esou

rce

pers

ons

Publ

ic s

ecto

r re

form

s D

efin

e th

e te

rms

Exp

lain

the

reas

ons

for a

nd a

gain

st

com

mer

cial

isat

ion,

priv

atis

atio

n an

d na

tiona

lisat

ion

Pub

lic s

ecto

r ref

orm

s:

- co

mm

erci

alis

atio

n -

priv

atis

atio

n -

natio

nalis

atio

n

Dis

cuss

ing

trend

s in

Pub

lic s

ecto

r bu

sine

sses

R

ecom

men

ded

text

bo

oks

( ( ( ( ( ( ( ( ( ( (

7.36 BUSINESS OR

GANISATION

S

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 41

42Commerce (Form 1 - 4) Syllabus

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(

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#)%.$(

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&.$)0&/.$(

Busi

ness

ca

lcul

atio

ns

Def

ine

wor

king

cap

ital,

gros

s an

d ne

t pro

fit, t

urno

ver a

nd ra

te o

f st

ock-

turn

ove

r C

alcu

late

wor

king

cap

ital,

gros

s pr

ofit,

net

pro

fit a

nd th

e ra

te o

f st

ock-

turn

ove

r D

eter

min

e R

etur

n on

Cap

ital

Empl

oyed

(RO

CE)

,

Cal

cula

te p

rofit

mar

gin

and

mar

k up

Wor

king

cap

ital

Gro

ss a

nd n

et p

rofit

R

ate

of s

tock

turn

M

ark

up

and

mar

gin

Ret

urn

on C

apita

l Em

ploy

ed (R

OC

E)

Dis

cuss

ing

wor

king

cap

ital,

gros

s an

d ne

t pro

fit, s

tock

turn

and

cos

t of

good

s so

ld

Com

putin

g w

orki

ng c

apita

l, gr

oss

and

net p

rofit

, rat

e of

sto

ck tu

rn ,

retu

rn o

n ca

pita

l em

ploy

ed ,m

ark

up

and

mar

gin

Rec

omm

ende

d te

xtbo

oks

Res

ourc

e pe

rson

s F

inan

cial

st

atem

ents

I

CT

tool

s

Zim

babw

e St

ock

Exch

ange

A

sses

s th

e im

porta

nce

of th

e Zi

mba

bwe

Stoc

k Ex

chan

ge to

the

econ

omy.

E

xpla

in th

e ro

les

of s

pecu

lato

rs

Out

line

func

tions

of b

roke

rs a

nd

jobb

ers

Impo

rtanc

e of

Zim

babw

e S

tock

ex

chan

ge (

ZSE)

A

gent

s su

ch a

s br

oker

s an

d jo

bber

s S

pecu

lato

rs s

uch

as b

ulls

, bea

rs a

nd

stag

s

Ana

lysi

ng th

e im

porta

nce

of

Zim

babw

e St

ock

Exch

ange

(ZSE

) V

isiti

ng th

e Z

imba

bwe

Stoc

k Ex

chan

ge (Z

SE)

D

iscu

ssin

g th

e ro

les

of s

pecu

lato

rs

Ide

ntify

ing

func

tions

of b

roke

rs a

nd

jobb

ers

Pam

phle

ts

Sto

ck E

xcha

nge

R

esou

rce

pers

ons

R

ecom

men

ded

te

xt b

ooks

ICT

tool

s

7.37 FINAN

CE AND

BAN

KING

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 42

43Commerce (Form 1 - 4) Syllabus

!! ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( (

%)+"/(

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#)%.$(

&.$)0&/.$(

Tren

ds in

ba

nkin

g I

dent

ify th

e de

velo

pmen

ts in

the

bank

ing

sect

or

Eva

luat

e th

e us

eful

ness

of t

he

trend

s in

the

econ

omy

Tr

ends

in B

anki

ng s

uch

as:

- te

leba

nkin

g

- mob

ile b

anki

ng

- e-b

anki

ng

Exp

lain

ing

the

deve

lopm

ents

in th

e ba

nkin

g se

ctor

Dis

cuss

ing

the

impa

ct o

f the

tre

nds

on e

cono

mic

act

iviti

es

Dem

onst

ratin

g m

obile

ban

king

V

isiti

ng m

oney

tran

sfer

age

nts

Rec

omm

ende

d te

xt

book

s I

CT

tool

s R

esou

rce

peop

le

such

as

mon

ey

trans

fer a

gent

s

Flo

w c

harts

In

tern

atio

nal

finan

cial

in

stitu

tions

Out

line

the

inte

rnat

iona

l fin

anci

al

inst

itutio

ns

Ass

ess

the

role

of i

nter

natio

nal

finan

cial

inst

itutio

ns in

dev

elop

ing

coun

tries

Int

erna

tiona

l fin

anci

al in

stitu

tions

suc

h as

: -

Infra

stru

ctur

e D

evel

opm

ent

Bank

(ID

B)

- Af

rican

Dev

elop

men

t Ban

k -

Inte

rnat

iona

l Mon

etar

y Fu

nd

(IMF)

-

Inte

rnat

iona

l Ban

k fo

r R

econ

stru

ctio

n a

nd

Dev

elop

men

t(IBR

D)

- W

orld

Ban

k

Lis

ting

inte

rnat

iona

l fin

anci

al

inst

itutio

ns

Exp

lain

ing

the

role

of i

nter

natio

nal

finan

cial

inst

itutio

ns

Ana

lysi

ng th

e ef

fect

iven

ess

of th

e ac

tiviti

es o

f int

erna

tiona

l fin

anci

al

inst

itutio

ns in

Zim

babw

e

IC

T to

ols

Rec

omm

ende

d te

xtbo

oks

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 43

44Commerce (Form 1 - 4) Syllabus

!!

(((

((

( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( (

%)+"/(

1.,&#"#:()2N./%"O.$X(

R>@B<>B(?P;TRF(S>(@SR>(=;X(

/)#%.#%(

$0::.$%.-(,/%"O"%".$((,#-(

#)%.$(

$0::.$%.-(

&.$)0&/.$(

Im

pact

of

ICT

on

Insu

ranc

e an

d As

sura

nce

Ex

plai

n e-

insu

ranc

e an

d e-

assu

ranc

e

Stat

e ad

vant

ages

and

di

sadv

anta

ges

of IC

T in

insu

ranc

e an

d as

sura

nce

E-

insu

ranc

e

E-as

sura

nce

Im

pact

on:

_f

irms

_pot

entia

l clie

nts

D

iscu

ssin

g e-

insu

ranc

e an

d e-

assu

ranc

e

Deb

atin

g th

e im

pact

of I

CT

in

insu

ranc

e an

d as

sura

nce

IC

T to

ols

R

esou

rce

pers

ons

Br

ochu

res

pa

mph

lets

7.38 INSURA

NCE AN

D ASSURA

NCE

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 44

45Commerce (Form 1 - 4) Syllabus

8.3 A

SSESSM

ENT MOD

EL

The A

griculture learning area will be assessed through continuous and summative assessements as illustrated in

the assessment model

Assessment of learner performance in Com

merce

Continous Assessment 30%

Continous Assessment 70%

Paper 1

20%

Paper 1

50%

Examination Mark = 70%

Continous Assessment = 30%

Theory tests 6%

Assignments 9%

Practical Projects

15%

Profiling

Profiling

EXIT

PROFILE

FINAL M

ARK

Commerce 100%

Commerce Form 1-4.qxp_Layout 1 26/10/2016 12:02 PM Page 45

46

Commerce (Form 1 - 4) Syllabus

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( ( (

( Multiple Choice

( 1 hour 15 minutes

(

( (

( (

( ( ( (

((

8.4 CONTINUOUS ASSESSMENT

8.5 SUMMATIVE ASSESSMENT

!!

( ( (

(

((

( ( (

( Multiple Choice

( 1 hour 15 minutes

(

( (

( (

( ( ( (

2 hours

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Paper 1 Multiple choice 1 hour 15 minutes 40 20 Paper 2 Structured and Essays 2 hours 100 50

Paper 1: Multiple Choice

The paper consists of 40 Multiple Choice questions.Time: 1 hour 15 minutesWeighting: 20%

Paper 2:

The paper consists of 2 sections which are Section A and Section B

Section A6 compulsory structured questions totaling 40 marks

Section B - Essays3 essay questions totaling 60 marks will be answered out of 7 questions Time: 2 hoursWeighting: 50%

Examinations

8.6 SPECIFICATION GRID

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