COMMERCIAL STUDIES SYLLABUS

Transcription

1 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 1 ZIMBABWE MInISTRY OF PRIMARY AnD SECOnDARY EDUCATIOn COMMERCIAL STUDIES SYLLABUS FORM Curricuum Deveopment and Technica Services, P.O. Box MP 133, Mount Peasant, Harare A Rights Reserved Revised 2015

2 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page ii Commercia Studies(Form 1-4) Syabus ACKNOWLEDGEMENTS The Ministry of Primary and Secondary Education woud ike to acknowedge the foowing for their vaued contribution in the production of this syabus: The Nationa Commercia Studies Syabus Pane Zimbabwe Schoo Examinations Counci (ZIMSEC) Bindura University of Science Education United Nations Chidren s Educationa Fund (UNICEF) i

3 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page iii Commercia Studies(Form 1-4) Syabus TABLE OF CONTENTS 1.0 ACKNOWLEDGEMENTS...i 1.0 PREAMBLE INTRODUCTION RATIONALE SUMMARY OF CONTENT ASSUMPTIONS CROSS - CUTTING THEMES PRESENTATION OF THE SYLLABUS AIMS SYLLABUS OBJECTIVES METHODOLGY AND TIME ALLOCATION METHODOLOGY TIME ALLOCATION TOPICS SCOPE AND SEQUENCE TOPIC: 2 TRADE TOPIC: 3 BUSINESS ORGANISATIONS TOPIC: 4 BUSINESS ENVIRONMENT TOPIC: 5 BUSINESS COMMUNICATION TOPIC: 6 SUPPLY CHAIN MANAGEMENT TOPIC: 7 MARKETING TOPIC: 8 BUSINESS FINANCE TOPIC: 9 ENTERPRISE TOPIC: 10 INSURANCE AND ASSURANCE COMPETENCY MATRIX FORM 3 SYLLABUS PRODUCTION TRADE BUSINESS ORGANISATIONS...15 ii

4 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 1 Commercia Studies(Form 1-4) Syabus BUSINESS ENVIRONMENT BUSINESS COMMUNICATION SUPPLY CHAIN MANAGEMENT MARKETING BUSINESS FINANCE INSURANCE AND ASSURANCE FORM 4 SYLLABUS PRODUCTION TRADE BUSINESS ORGANISATIONS BUSINESS COMMUNICATION SUPPLY CHAIN MANAGEMENT MARKETING BUSINESS FINANCE ENTERPRISE INSURANCE AND ASSURANCE ASSESSMENT ASSESSMENT OBJECTIVES ASSESSMENT MODEL SCHEME OF ASSESSMENT CONTINUOUS ASSESSMENT SUMMATIVE ASSESSMENT PAPER DESCRIPTIONS SPECIFICATION GRID

5 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 2 Commercia Studies(Form 1-4) Syabus 1.0 PREAMBLE 1.4 ASSUMPTIONS It is assumed that earners: 1.1 Introduction This Commercia Studies syabus is a two year earning area for forms 3 and 4. It deveops earner s awareness and understanding of the commercia word in which they operate. This syabus aso equips earners with knowedge and fundamenta skis in commercia activities, Information Communication Technoogy (ICT) appications in business and business cacuations. It aso deveops earners enterprise skis which wi enabe them to be innovative, confident, and responsibe in their day-to-day persona and business transactions. have acquired basic ICT competencies such as word processing, keyboard management and document creation are constanty participating and interacting in commercia activities ike buying and seing have access to some means of production desire to contribute meaningfuy to the community and nation at arge have a desire for sef-reiance through participating in business activities 1.2 Rationae Commercia studies equip earners with practica commercia skis and business reated competences which enabe them to operate successfuy in the dynamic and broader business environment. It provides a wide range of commercia skis which equip earners with practica, enterprise and vaue addition competences. Learners deveop key skis in ICT appications and business cacuations for use in a commercia context. It promotes sef-reiance for the enhancement of economic growth through the ownership of means of production such as and, capita and expoitation of various skis reated to commercia studies. The earning area aso incucates ethica vaues which earners wi appy in conducting commercia activities and are a piar for Zimbabwe s socioeconomic deveopment. 1.3 Summary of Content This syabus provides a theoretica and practica knowedge base for students in commercia activities such as production, business organisation, business communication, suppy chain management, finance, trade and ICT appications. are aware of the prevaiing commercia environment in the community and nation at arge 1.5 Cross-Cutting Themes The Commercia studies earning area wi encompass the foowing cross -cutting themes: ICT Risk management Financia iteracy Coaboration Environmenta issues Enterprising skis Unhu/Ubuntu Sexuaity, HIV and AIDS Human Rights Chid protection 2.0 PRESENTATION OF THE SYLLABUS The syabus is presented as a singe document catering for Forms 3 and 4 earners. 3.0 AIMS The syabus aims to hep earners to: 2

6 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 3 Commercia Studies(Form 1-4) Syabus deveop an awareness, knowedge and understanding of the environment within which commercia activities take pace acquire a broad understanding of the purposes and functions of commercia institutions 5.1 METHODOLOGY AND TIME ALLOCATION Methodoogy In this syabus, earner- centered methods and approaches such as the foowing must be used: deveop positive attitude towards the country`s natura resources so as to conserve and use them sustainaby within the schoo and in the community deveop various commercia studies reated skis for sef-reiance and enterprise deveopment acquire an in-depth understanding of the nature and importance of commercia communication and documentation deveop innovation and change management capabiities 4.0 SYLLABUS OBJECTIVES Probem soving Research Project work Case study Demonstrations Group work Educationa tours Simuations/ Roe pay Discovery Seminars Debates Quiz Games Question and answer or Socrates method By the end of this earning area, earners shoud be abe to: reca, seect and expain the reevant facts and terms in the commercia word demonstrate principes, techniques and ideas in commercia studies anayse purposes and functions of commercia institutions appy information communication technoogy in commercia activities appy reevant data and information in verba, numerica and diagrammatic form create sustainabe business enterprises design innovative soutions to Zimbabwe s chaenges in the commercia word distinguish between evidence and opinion make reasoned judgments and communicate them in an accurate and ogica manner Time Aocation In order to cover the content adequatey Form 3 and 4 Commercia studies shoud be aocated at east 5 - Educationa tour and at east 2 Seminars per year. 6.0 TOPICS Production Trade Business organisations Business environment Business Communication o Suppy chain management o Marketing Business Finance Enterprise Insurance and assurance 3

7 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 4 Commercia Studies(Form 1-4) Syabus 7.0 SCOPE AND SEQUENCE 7.1 TOPIC: 1 PRODUCTION FORM 3 FORM 4 Commercia Studies and enterprises Stages of production Factors of production and their rewards Division of abour and Speciaisation Methods of production Impact of ICT on production 7.2 TOPIC: 2 TRADE FORM 3 FORM 4 Foundations of Trade Home Trade Internationa Trade Baance of Payment 4

8 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 5 Commercia Studies(Form 1-4) Syabus 7.3 TOPIC: 3 BUSINESS ORGANISATIONS FORM 3 FORM 4 Introductions to business units Pubic sector organisation Private sector businesses Impact of ICT on business organisations 7.4 TOPIC: 4 BUSINESS ENVIRONMENT FORM 3 FORM 4 Interna environment Externa environment Stakehoders Economic systems 5

9 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 6 Commercia Studies(Form 1-4) Syabus 7.5 TOPIC: 5 BUSINESS COMMUNICATION FORM 3 FORM 4 Communication Importance of communication Forms of communication Document creation and dispay Posta services Teecommunication services Teecommunication service providers Document creation and dispay 7.6 TOPIC: 6 SUPPLY CHAIN MANAGEMENT FORM 3 FORM 4 Introduction to suppy chain management Demand forecasting Purchasing Logistics Warehousing Vaue chain Impact of ICTs on suppy chain management 6

10 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 7 Commercia Studies(Form 1-4) Syabus 7.7 TOPIC: 7 MARKETING FORM 3 FORM 4 Marketing concepts Market segmentation Marketing research Marketing mix ICT in marketing 7.8 TOPIC: 8 BUSINESS FINANCE FORM 3 FORM 4 Sources of finance Financia statements Working capita Business cacuations in accounting Business cacuations in accounting Zimbabwe Stock Exchange Shares Foreign exchange rates Budgets 7

11 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 8 Commercia Studies(Form 1-4) Syabus 7.9 TOPIC: 9 ENTERPRISE FORM 3 FORM 4 Enterprising Management functions Business ethics Inteectua property Business pan Inteectua property 7.10 TOPIC: 10 INSURANCE AND ASSURANCE FORM 3 FORM 4 Importance of insurance and assurance Insurabe and non-insurabe risks Types of business risks Contracts of insurance Assurance Poicies Impact of ICTs in insurance and assurance 8

12 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 9 Commercia Studies(Form 1-4) Syabus 8.0 COMPETENCY MATRIX 8.1 FORM 3 SYLLABUS PRODUCTION TOPIC LEARNING OBJECTIVES: earners shoud be abe to: Commercia Studies and Enterprises expain the meaning of commercia studies expain the reationship between commercia studies and enterprises distinguish needs and wants cassify goods and services CONTENT SUGGESTED ACTIVITIES AND NOTES Meaning of commercia studies and enterprises Needs and wants goods and services Discussing what commercia studies and enterprises Expaining the reationship between commercia studies and enterprises Differentiating needs and wants Categorizing goods and services RESOURCES Charts Recommended textbooks Sampes of goods ICT toos Print media Literature on our Heritage Resource person Indigenisation Act Land Reform Act 9

13 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 10 Commercia Studies(Form 1-4) Syabus Stages of production Factors of production and their rewards Division of abour and Speciaisation outine the need for production expain the stages of production describe factors of production and their rewards expain division of abour and speciaisation anayse the advantages and disadvantages of division of abour and speciaization The need for production Stages of production - Primary Secondary -Tertiary Factors of production and their rewards Division of abour and speciaisation Advantages and disadvantages of division of abour and speciaization Expaining the need for production Discussing the three stages of production Expaining factors of production and their rewards Visiting production sites in the community Discussing division of abour and speciaisation Discussing the advantages and disadvantages of division of abour and speciaisation Demonstrating division of abour and speciaisation Recommended text books Information Communication Toos Charts Print media 10

14 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 11 Commercia Studies(Form 1-4) Syabus TRADE TOPIC LEARNING OBJECTIVE; earners shoud be abe to; Trade expain the purpose of trade identify characteristic of home and foreign trade distinguish home and foreign trade Barter trade expain barter trade expain the advantages and disadvantages of barter exchange CONTENT ACTIVITIES RESOURCES Purpose of trade Discussing purpose of trade ICT toos Educationa tours Print media Characteristics of home and foreign trade Listing characteristics of home and foreign trade Differences between home and foreign trade Barter trade Differentiating home and foreign trade Discussing barter trade Discussing the advantages and disadvantages of barter trade 11

15 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 12 Commercia Studies(Form 1-4) Syabus Home Trade describe a retaier describe functions of a retaier examine different types of retaiers expain characteristic of sma-scae retaiers expain advantages and disadvantages of smascae retaiers assess the surviva of sma-scae retaiers describe different types of arge-scae retai outets expain advantages and disadvantages of argescae retaiing to the retaier and consumer describe characteristics of different types of argescae retaiers Retai trade Functions of a retaier Types of retaiers Smascae retaiers such as pedders, hawkers, fea markets, corner shops and genera deaers Characteristics of sma-scae retaiers Advantages and disadvantages of sma-scae retaiers Surviva of sma-scae retaiers Types of retaiers arge scae retaiers such as supermarkets, hypermarkets and chain stores Advantages and disadvantages of arge-scae retaiing Characteristics of arge scae retaiers such as supermarkets, Expaining the term retaier Expaining functions of a retaier Discussing types of retaiers Discussing characteristics of smascae retaiers Describing advantages and disadvantages of sma-scae retaiers Examining the surviva of sma-scae retaiers Visiting oca sma-scae retai outets Discussing different types of arge-scae retai outets Examining advantages and disadvantages of Recommended text books Resource persons ICT toos In-store brands e-resources such as: - ebay - Amazon - Aibaba 12

16 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 13 Commercia Studies(Form 1-4) Syabus whoesae Trade Documents used in home trade examine effects of trends in retaiing execute transactions onine describe a whoesaer expain the functions of whoesaers identify different types of whoesaers expain the channes of distribution expain the reasons for the eimination of a whoesaer assess how the whoesaer has survived eimination expain the purpose of trade and cash discounts cacuate trade and cash discounts using computer softwares department stores and discount stores Trends in retaiing such as bar coding, e-taiing, in-store brands, shopping mas, e-mas, QR codes Whoesae Trade Features of a whoesaer Functions of whoesaers Types of whoesaers such as: - Speciaist - Traditiona/Genera - Cash and carry Eimination of whoesaer Surviva of the whoesaer Channes of distribution Eimination of whoesaer arge-scae retaiing to the retaier and consumer Expaining characteristics of different types of argescae retaiers Anaysing effects of trends in retaiing Researching on trends in retaiing Buying onine Expaining the term whoesaer Discussing functions of whoesaers Expaining different types of whoesaers Visiting oca whoesaers Writing report backs using word processing Discussing on channes of distribution Recommended text books Resource persons ICT toos Recommended Text books Cacuators Computers Sampes of documents 13

17 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 14 Commercia Studies(Form 1-4) Syabus identify types of documents used in home trade create documents used in home trade using ICT packages expain the functions and contents of documents used in home trade Surviva of the whoesaer Discounts - Trade discount - Cash discount Cacuation of trade and cash discounts Documents used in home trade such as: quotation, invoice, proforma invoice, statement of account Functions and contents of documents used in home trade Examining the reasons for the eimination of a whoesaer Anaysing how the whoesaer has survived eimination Discussing the purpose of trade and cash discounts Computing cash and trade discounts using any suitabe computer software Stating different types of documents used in home trade Designing documents used in home trade using ICT packages Discussing the functions and contents of documents used in home trade Coecting sampes of documents used in home trade 14

18 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 15 Commercia Studies(Form 1-4) Syabus BUSINESS ORGANISATIONS Business units identify types of business units under private and pubic sectors describe private and pubic sectors expain the advantages and disadvantages of the different forms of business units assess the viabiity of any forms of business units Types of business units under private and pubic sectors such as soe trader, partnership, Pvt Ltd Co, Pubic Ltd Co, Pubic corporations and Government Departments Private and pubic sectors Advantages and disadvantages of the different forms of business units Viabiity of different forms of business units Cassifying business units into private and pubic sectors Tabuating the differences between private and pubic sectors Outining advantages and disadvantages of forms of business units Researching on the viabiity of any two forms of business units Reporting on the viabiity of any forms of business units Loca business center Recommended text books ICT toos Fow chart of businesses in the private and pubic sectors Educationa tours 15

19 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :03 PM Page 16 Commercia Studies(Form 1-4) Syabus BUSINESS ENVIRONMENT TOPIC LEARNING OBJECTIVES Learners shoud be abe to: Business environment - Interna environment expain business environment outine reasons for anaysing environment - Externa environment discuss how the interna environment affects business operations expain how the externa environment affect commercia activities CONTENT NOTES AND SUGGESTED ACTIVITIES Meaning of business environment The need for anaysing business environment Interna environment such as: -Workers -Managers -Organizationa cuture -Financia resources Externa environment such as: -Poitica -Economic -Socia -Technoogica -Ecoogica environment Discussing business environment Assessing the need for anaysing business environment Expaining how the interna environment affects business operations Expaining how the externa environment expaining each externa environmenta factor RESOURCES recommended text books ICT toos Charts 16

20 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 17 Commercia Studies(Form 1-4) Syabus Stakehoders expain the term stakehoder identify various stakehoders in business expain how these stakehoders infuence business activities Economic systems expain the economic systems differentiate free market economy from the panned economy stakehoders such as: customers -empoyees -managers -suppiers -government -community -banks Economic systems -free market economy -panned economy -mixed economy Expaining the term stakehoder Describing various stakehoders Discussing how stakehoders affect business operations Discussing the economic systems Distinguishing the free market and the panned economic systems 17

21 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 18 Commercia Studies(Form 1-4) Syabus BUSINESS COMMUNICATION TOPIC LEARNING OBJECTIVES: earner shoud be abe to: Communication describe communication Importance of communication Forms of communication discuss the importance of communication expain the various forms of communication execute various forms of communication Documents creation and dispay create business documents using any suitabe computer software CONTENT SUGGESTED ACTIVITIES AND NOTES Meaning of communication Importance of communication Forms of communication such as: - Written - Verba - Forma - Informa Documents used in business transactions Discussing communication Expaining the importance of communication describing the forms of communication Discussing the forms of communication Conducting interviews, meetings and taking minutes Typing business documents using any suitabe computer software RESOURCES Recommended text books ICT toos Post Office Business repy enveopes 18

22 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 19 Commercia Studies(Form 1-4) Syabus SUPPLY CHAIN MANAGEMENT TOPIC OBJECTIVES Learners shoud be abe to: Purpose of suppy chain management expain the importance of suppy chain management identify upstream and downstream suppy chain activities assess the importance of effective information fow across the suppy chain Demand forecasting expain the importance of demand forecasting access the importance of demand forecasting CONTENT SUGGESTED ACTIVITIES RESOURCES Importance of suppy chain management Discussing the importance of suppy chain management Recommended textbooks Upstream and Downstream suppy chain activities Expaining upstream and downstream suppy chain activities ICT toos Importance of effective information fow in the suppy chain Visiting business organisations and reporting on the suppy chain activities being used in their community Evauating roe of effective information fow in the suppy chain Importance of demand forecasting Discussing the importance of demand forecasting Recommended textbooks Evauate the importance of demand forecasting on given projects ICT toos 19

23 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 20 Commercia Studies(Form 1-4) Syabus Purchasing expain the importance of purchasing function identify stages of the purchasing cyce expain the roe of e- purchasing Logistics expain the importance of ogistics identify different modes of transport examine strengths and weaknesses of different modes of transport expain factors governing choice of mode of transport Warehousing expain roes of warehousing describe different types of warehouses Importance of the purchasing function Purchasing cyce e-purchasing Importance of ogistics Modes of transport Strengths and weakness of different modes of transport Factors to consider when seecting mode of transport The need for warehousing Types of warehouses Functions of warehouses Discussing importance of the purchasing function Describing the stages of purchasing cyce Discussing the roe of e- purchasing Competing e-purchasing documents generated from the computer Discussing the importance of ogistics Expaining modes of transport Discussing strengths and weaknesses of different modes of transport Discussing factors governing choice of mode of transport Watching videos of different modes of transport Expaining importance of warehousing Examining different types of warehouses Recommended textbooks ICT toos Business documents Recommended textbooks ICT toos Recommended textbooks Print Media 20

24 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 21 Commercia Studies(Form 1-4) Syabus expain functions of different types of warehouses expain factors to consider when siting a warehouse Factors considered when siting a warehouse Describing functions of each type of warehouse Examining factors to consider when siting a warehouse Visiting companies or enterprises 21

25 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 22 Commercia Studies(Form 1-4) Syabus MARKETING TOPIC OBJECTIVES Learners shoud be abe to: Marketing concepts expain different marketing concepts justify the need for marketing evauate the impications of different marketing concepts to the business Market segmentation expain the different types of markets discuss the advantages and disadvantages of CONTENT SUGGESTED ACTIVITIES RESOURCES Marketing concepts such as: -Product concept -production concept -seing concept -marketing concept The need for marketing Discussing different marketing concepts Expaining the need for marketing Expaining the impications of different marketing concepts to the business Recommended textbooks Loca market paces Impication of various marketing concepts to the marketer or business Types of markets such as physica and virtua Describing types of markets Expaining the advantages and disadvantages of different types of markets Recommended textbooks Loca market paces Expaining features of virtua and physica markets. 22

26 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 23 Commercia Studies(Form 1-4) Syabus physica and virtua markets describe features of virtua and physica markets Marketing research distinguish between marketing research and market research expain the importance of marketing research identify different marketing research methods describe the main sources of data expain data coection toos present research data using different methods Advantages and disadvantages of physica and virtua markets Features of physica and virtua markets Market research vs marketing research The need for marketing research Marketing research methods such as: - Case study - Surveys Sources of data -Primary -Secondary Data coection toos/instruments such as questionnaire Data presentation methods such as: Visiting market paces and market spaces Reporting on the features of virtua and physica markets Expaining the differences between market research and marketing research Discussing the importance of marketing research Discussing different marketing research methods Identifying main sources of data Describing different data coection toos Anaysing research data Recommended text books Graph paper Software packages Cacuators 23

27 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 24 Commercia Studies(Form 1-4) Syabus anayse research resuts - Bar graphs - Pie charts - Histograms - Line graphs Measures of centra tendency -Mean -Mode -Median Research resuts anaysis Drawing graphs such as bar graphs Cacuating statistica data using mean, mode and median vaues using ICT packages or avaiabe computer software Interpreting and recording on their observation Anaysing research data 24

28 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 25 Commercia Studies(Form 1-4) Syabus BUSINESS FINANCE TOPIC OBJECTIVES Learners shoud be abe to: Sources of finance expain the need for finance expain different sources of finance Financia statements expain the importance of financia statements draw up financia statements CONTENT SUGGESTED ACTIVITIES RESOURCES The need for finance Short and ong term sources of finance anaysing the need for finance Discussing different sources of finance ICT toos Recommended textbooks The importance of financia statements Income statement and statement of financia position Examining the importance of financia statements compiing the financia statements (without adjustments) 25

29 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 26 Commercia Studies(Form 1-4) Syabus Working capita expain the importance of working capita compute working capita expain ways of managing working capita Business cacuations in finance work out financia ratios expain meaning of the cacuated ratios cacuate depreciation using both straight ine and reducing baance methods Working capita Cacuation of working capita Working capita management Profitabiity ratios - gross profit margin - net profit margin iquidity ratios - acid test - current ratio depreciation - straight ine method - reducing baance Discussing the importance of working capita Cacuating working capita Discussing different ways of managing working capita Cacuating financia ratios using ICT packages Discussing meaning of cacuated ratios Computing depreciation using both straight ine and reducing baance methods Recommended textbooks Financia statements Cacuators Microsoft Exce 26

30 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 27 Commercia Studies(Form 1-4) Syabus ENTERPRISE TOPIC OBJECTIVES Learners shoud be abe to: Enterprising identify characteristics of an enterpriser expain advantages and disadvantages of an enterpriser assess impact of enterprise to the economy CONTENT SUGGESTED ACTIVITIES RESOURCES Characteristics of an enterpriser Stating characteristics of an enterpriser Recommended textbooks Advantages and disadvantages of being an enterpriser Anaysing advantages and disadvantages of an enterpriser Resource persons Visiting nearby enterprisers Roe of enterprising to the economy Interviewing oca enterprisers on their activities Discussing importance of enterprising to the economy 27

31 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 28 Commercia Studies(Form 1-4) Syabus Management functions identify various management functions expain various management functions expain the importance of management functions Business ethics identify ethica considerations in business expain the roe of ethics in business and society describe the importance of ethics in business Management functions such as panning, eading, organising, directing and controing Management functions Importance of various management functions Business ethica considerations Roe of ethics to business and society Importance of ethics in business Discuss management functions Researching on effective management skis Operating/impementing mini-business enterprises Describing importance of management functions Listing ethica considerations in business Describing the roe of ethics to business and society anaysing importance of ethics in business citing unethica conduct in business roe paying Recommended textbooks Loca projects Recommended textbooks Resource persons 28

32 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 29 Commercia Studies(Form 1-4) Syabus Inteectua property (IP) identify different types of Inteectua Property(IP) expain different types of IP discuss the importance of protecting IP suggest soutions to IP infringements Types of inteectua property such as: -Trademarks, -Industria designs, -patents -copyrights and -Geographica Indications Reasons for protection Soutions to IP infringements Listing different types of IP Describing types of IP Expaining the importance of protecting IP Proposing soutions to IP infringements Recommended textbooks Resource persons Materia from ARIPO and WIPO such as brochures 29

33 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 30 Commercia Studies(Form 1-4) Syabus INSURANCE AND ASSURANCE TOPIC LEARNING OBJECTIVES: earner shoud be abe to: Importance of insurance and assurance distinguish between insurance and assurance expain the importance of insurance and assurance Insurabe and noninsurabe risks differentiate insurabe risks from non-insurabe risks Types of business risks examine business risks describe business risks CONTENT SUGGESTED ACTIVITIES AND NOTES Insurance vs Assurance Differentiating between insurance and assurance Importance of insurance and assurance Identifying importance of insurance and assurance Insurabe risks and non-insurabe risks Distinguishing insurabe risks from non-insurabe risks Types of business risks such as: - Empoyers iabiity - Pubic iabiity - Fideity guarantee Discussing business risks Expaining business risks RESOURCES ICT toos Sampes of reevant insurance poicy documents 30

34 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 31 Commercia Studies(Form 1-4) Syabus 8.2 FORM 4 SYLLABUS PRODUCTION TOPIC LEARNING OBJECTIVES: earner shoud be abe to: Production methods expain production methods state the advantages and disadvantages of each of the methods Impact of ICT on production expain impact of ICT on production CONTENT SUGGESTED ACTIVITIES AND NOTES Production methods such as: - job - batch - fow - Just- In- Time Discussing the production methods Watching videos of different production methods Roe paying production methods Advantages and disadvantages Debating the advantages and disadvantages of the production methods Impact of ICT on production such as: -Computer Aided Designs Discussing the changes brought by ICT on production -Computer Aided Manufacturing RESOURCES ICT Toos Recommended textbooks Manufacturing company 31

35 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 32 Commercia Studies(Form 1-4) Syabus TRADE TOPIC LEARNING OBJECTIVES Learners shoud be abe to: Internationa trade assess the importance of internationa trade to Zimbabwe expain the chaenges faced by importers and exporters describe the different types of agents in internationa trade describe the functions of different types of agents outine the documents used in foreign trade CONTENT NOTES AND SUGGESTED ACTIVITIES Importance of internationa trade to Zimbabwe Examining the importance of internationa trade to Zimbabwe Chaenges faced by importers and exporters Assessing the chaenges faced by importers and exporters Agents in internationa trade such as: - Factors - Brokers - Merchants - De credere - Forwarding agents Functions of different types of agents Documents used in foreign (internationa) trade such as: - Indent - Export invoice - Consuar invoice - Bi of ading Discussing the different types of agents in internationa trade Expaining the functions of different types of agents Expaining the documents used in foreign trade RESOURCES Recommended text books Charts Export and Import businesses Sampes of reevant documents Cacuators 32

36 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 33 Commercia Studies(Form 1-4) Syabus TOPIC LEARNING OBJECTIVES Learners shoud be abe to: describe the functions and contents of documents used in foreign trade Baance of payment expain the baance of payments cacuate baance of payments describe the pattern of trade outine the terms of trade CONTENT NOTES AND SUGGESTED ACTIVITIES Functions and contents of documents used in foreign trade Discussing the functions and contents of documents used in foreign trade Baance of payments Pattern of trade such as trade baance, invisibe baance and baance of payments Terms of trade Describing the baance of payment Demonstrating cacuation of baance of payments Examining the pattern of trade Visiting oca ZIMRA offices and observe its activities Discussing terms of trade RESOURCES 33

37 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 34 Commercia Studies(Form 1-4) Syabus BUSINESS ORGANISATIONS TOPIC LEARNING OBJECTIVES Learners shoud be abe to: Pubic sector organisations outine the characteristics of pubic sector organisation discuss the advantages and disadvantages of pubic sector organisations CONTENT NOTES AND SUGGESTED ACTIVITIES Characteristics of pubic sector organisations Advantages and shortfas of pubic sector organisations Expaining characteristics of pubic sector organisations Assessing the advantages and shortfas of pubic sector organisations Visiting pubic sector organisations and observe their activities RESOURCES Recommended text books ICT toos pubic sector organisations 34

38 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 35 Commercia Studies(Form 1-4) Syabus BUSINESS COMMUNICATION TOPIC LEARNING OBJECTIVES: earner shoud be abe to: Teecommunication services describe various teecommunication services Teecommunication service providers expain various communication gadgets describe the various teecommunication services describe the various teecommunication service providers describe the services provided by teecommunication service providers create business documents using CONTENT SUGGESTED ACTIVITIES AND NOTES Teecommunication services such as: - Teephone - Teex - conferencing - Cephone - Internet - Eectronic mai - Teevision - Radio Expaining various teecommunications services Showcasing and grouping the various teecommunication gadgets Demonstrating making cas, sending emais Discussing the various teecommunication services teecommunication gadgets teecommunication service providers such as: - Mobie service providers - Radio and teevision broadcasting Services provided by teecommunication service providers examining the various teecommunication service providers Communicating using various teecommunication services Expaining the services provided by RESOURCES Recommended textbooks ICT toos Cephones teephones 35

39 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 36 Commercia Studies(Form 1-4) Syabus Document creation suitabe teecommunication gadgets Tee-communications documents teecommunication service providers Creating documents such as teex eectronic mai 36

40 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 37 Commercia Studies(Form 1-4) Syabus SUPPLY CHAIN MANAGEMENT TOPIC LEARNING OBJECTIVES: earner shoud be abe to: Vaue chain describe activities of vaue chain expain reasons for anaysing vaue chain Impact of ICTs on suppy chain management describe impact of ICTs in suppy chain management CONTENT SUGGESTED ACTIVITIES AND NOTES Vaue chain -primary activities Expaining activities of vaue chain -secondary/support activities reasons for anaysing vaue chain Discussing reasons for anaysing vaue chain ICTs in Suppy chain management such as: Discussing impact of ICTs in suppy chain management - bar codes - Radio frequency identification (RFID) - e-toing RESOURCES ICT toos Print media ICT toos 37

41 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 38 Commercia Studies(Form 1-4) Syabus MARKETING TOPIC LEARNING OBJECTIVES: earner shoud be abe to: Marketing mix identify marketing mix variabes describe marketing mix variabes anayse impact of marketing mix variabes CONTENT SUGGESTED ACTIVITIES AND NOTES Marketing mix variabes such as product, price, pace and promotion Anaysis of each marketing mix variabe such as promotion: -Advertising [reasons, types, functions of agencies, advertising techniques, factors to consider when choosing advertising media, advertising media] -saes promotion -pubic reations -pubicity -direct seing Assessment of the Impact of each marketing mix variabes to the market and business Listing marketing mix variabes Expaining marketing mix variabes Discussing marketing mix variabes Suggesting appropriate pricing, products, distribution and promotiona toos for a given market Crafting an advertising mode using ICT packages RESOURCES Recommended textbooks Newspaper cuttings showing items such as press reeases. Trade journas 38

42 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 39 Commercia Studies(Form 1-4) Syabus Additiona marketing variabes ICT in Marketing identify marketing mix variabes expain marketing mix variabes anayse impact of marketing mix variabes expain the changes brought about by ICT in marketing Marketing mix variabes such as physica evidence, process and peope Anaysis of each marketing mix variabe Assessment of the Impact of each marketing mix variabe to the market and business Impact of ICT in marketing Expaining marketing mix variabes Describing marketing mix variabes Discussing marketing mix variabes Assessing the impact of ICT in marketing Recommended textbooks Trade journas ICT toos 39

43 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 40 Commercia Studies(Form 1-4) Syabus BUSINESS FINANCE TOPIC LEARNING OBJECTIVES: earner shoud be abe to: Business cacuations in accounting cacuate: - simpe interest - compound interest - credit and hire purchase instaments Zimbabwe Stock Exchange expain functions of the stock exchange Shares Cacuate number and vaue of shares in business using ICT packages cacuate dividends for ordinary and preference shares CONTENT SUGGESTED ACTIVITIES AND NOTES Simpe interest Compound interest Computing simpe and compound interests, credit and hire purchase instaments Credit and hire purchase instaments Zimbabwe stock exchange Listing the functions of the stock exchange Visiting the Zimbabwe stock exchange Watching videos of functions of the stock exchange Shares such as: Listing types of shares - ordinary shares - preference shares dividends Computing number and vaue of shares in business Computing dividends for both ordinary and preference shares Importance of foreign exchange Exchange rate cacuations Discussing the importance of foreign exchange RESOURCES Recommended textbooks ICT toos and packages Zimbabwe stock exchange Foreign currencies Newspaper cuttings Banks 40

44 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 41 Commercia Studies(Form 1-4) Syabus Foreign exchange rates expain the importance of foreign exchange convert one currency to other currencies assess impact of depreciation and appreciation to business Budgets expain importance of budgets expain different approaches to budgeting prepare different types of budgets from given data expain reasons that ead to over budgeting and under budgeting assess impact of over budgeting and under budgeting Depreciation and appreciation of currency Converting one currency to other currencies Discussing impact of depreciation and appreciation of currency Importance of budgets Approaches to budgeting Discussing importance of budgets Discussing different approaches to budgeting Types of budgets such as, saes budget, production budget Over and under budgeting Drawing up different types of budgets discussing reasons for over budgeting and under budgeting Examining impact of over and under budgeting on oca business Recommended textbooks ICT toos Business journas Print media 41

45 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 42 Commercia Studies(Form 1-4) Syabus ENTERPRISE TOPIC LEARNING OBJECTIVES: earners shoud be abe to: Business pan expain the need for a business pan expain contents of a business pan expain contents of business pan deveop a business pan Inteectua property describe functions of the Zimbabwe Patents Office, ARIPO, WIPO CONTENT SUGGESTED ACTIVITIES AND NOTES Importance of business pan Business pan guide: -Executive summary -Organisationa background -Products market anaysis -Strategy and impementation -Management -Financia pan Contents of business pan Discussing the importance of a business pan Discussing contents of business pan Describing contents of business pan Steps to be considered when deveoping a business pan Discussing business ideas Crafting a business pan using ICT packages Consuting resource persons Functions of Zimbabwe Patents Office, African Regiona Inteectua Property Organisation(ARIPO), Word Inteectua Property Organisation(WIPO) Expaining functions of Zimbabwe Patents office, ARIPO, WIPO RESOURCES Recommended textbooks Sampe business pans Resource person Recommended textbooks Resource persons 42

46 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 43 Commercia Studies(Form 1-4) Syabus Visiting organisations such as ARIPO and Zimbabwe Patents Office Materia from ARIPO and WIPO such as brochures 43

47 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 44 Commercia Studies(Form 1-4) Syabus INSURANCE AND ASSURANCE TOPIC LEARNING OBJECTIVES: earners shoud be abe to: Contract of insurance describe the principe of pooing of risks Effecting an insurance poicy caim identify the principes of insurance outine procedure in obtaining an insurance poicy demonstrate procedure in effecting an insurance caim Assurance poicies ist the types of assurance poicies outine the benefits of each type of assurance poicy CONTENT SUGGESTED ACTIVITIES AND NOTES Principe of pooing risks Examining the principe of pooing risks Principes of insurance such as: -Indemnity -Insurabe interest -Utmost good faith -Proximate cause Effecting an insurance poicy Expaining the principes of insurance Describing procedure in obtaining an insurance poicy Effecting an insurance caim Iustrating procedure in effecting an insurance caim Types of assurance poicies such as: -Endowment poicies -Whoe ife -Funera -Medica aid -Pension Identifying the types of assurance poicies Listing the benefits of each type of assurance poicy Studying pamphets on assurance poicies Visiting assurance companies RESOURCES Assurance pamphets ICT toos Resource persons 44

48 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 45 Commercia Studies(Form 1-4) Syabus Documents in Insurance and Assurance e-insurance impact of ICT in insurance and assurance ist documents used in insurance and assurance expain functions and contents of insurance and assurance documents describe e-insurance expain how ICT has improved efficiency in insurance companies Documents used in insurance and assurance such as: -Prospectus -Proposa form -Cover note -Poicy Identifying documents used in insurance Functions and contents of insurance and assurance documents Discussing functions and contents of insurance documents Competing the proposa form e-insurance Expaining e-insurance Sampes of documents such as proposa forms, poicies 45

49 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 46 Commercia Studies(Form 1-4) Syabus 9.0 ASSESSMENT 9.1 ASSESSMENT OBJECTIVES Learners wi be assessed on their abiity to: expain reevant terms used in commercia studies demonstrate knowedge of principes, techniques and ideas in commercia studies anayse the business environment and its impact on commercia activities interpret commercia information through numeracy and iteracy anayse significant factors to consider in managing commercia activities use ICT in managing various commercia activities appy enterprise knowedge and skis to sove chaenges in commercia situations communicate commercia information in a ogica and coherent manner design business documents using ICT appications design a business pan impement viabe enterprise projects ASSESSMENT MODEL Commercia Studies earning area wi be assessed through continuous and summative assessment 46

50 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 47 Commercia Studies(Form 1-4) Syabus 9.3 SCHEME OF ASSESSMENT The syabus scheme of assessment is grounded on the principe of incusivity. Arrangements, accommodations and modifications shoud be visibe in both continuous and summative assessment to enabe earners with specia needs to access assessment. Continuous and summative assessment wi be done in the theory, assignment and practica components of the syabus. At the beginning of the new syabus weighting of the components are as foows: Continuous Assessment 30% Summative Assessment 70% CONTINUOUS ASSESSMENT Leve Assessment Tasks Weighting Form 3 One theory test per term One practica test per term One project per year Form 4 One theory test per term One practica test per term 6 6 TOTAL SUMMATIVE ASSESSMENT Tite Duration Marks Weighting (%) Paper 1: Structured paper Section A: Semi Structured questions 2 hours % Section B: Essays Paper 2: Project 2 terms % Tota for Papers 1 and % 47

51 Commercia Studies Form 1-4.qxp_Layout 1 26/10/ :04 PM Page 48 Commercia Studies(Form 1-4) Syabus 9.4 PAPER DESCRIPTIONS Paper 1: The paper consists of 2 sections which are Section A and Section B Section A - (40 marks) The section consists of 6 compusory structured questions. Section B Essays (60 marks) The candidate wi answer 3 essay questions out of 6. Time: 2 hours Weighting: 40% Paper 2: This paper consists of a project that runs from term 1 to term 2 in Form 4 The project wi have a tota of 100 marks with a weight of 30% 9.5 SPECIFICATION GRID Paper Knowedge with Understanding % Appication % Anaysis % Evauation % Tota % Tota