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ZIMSEC O-Level Business Enterprise and Skills

7.5.1The need for finance

The need for finance in ZIMSEC O-Level Business Enterprise and Skills: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic39 practice questions2 lessons

Overview

Form 1: the need for finance; investment and saving.

Learning objectives

What the syllabus expects you to be able to do.

  1. 7.5.1.1Explain the need for finance in an enterprise.
  2. 7.5.1.2Explain investment and saving.

Lessons

  • Personal income, saving and investment

    30 min

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  • Why businesses need finance

    25 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

The need for finance: sample question

1 mark

Which method of saving earns no interest and carries the greatest risk of theft?

Choose one answer

Turn The need for finance into a strength.

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