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ZIMSEC O-Level Economics

6.10.7Small to medium enterprises and business plans

Small to medium enterprises and business plans in ZIMSEC O-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
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Learning objectives

What the syllabus expects you to be able to do.

  1. 6.10.7.1Form 4: outline the features of SMEs and describe how they survive.
  2. 6.10.7.2Form 4: draw up a business plan with a cash-flow projection.

Lessons

  • Small and medium enterprises and business plans

    35 min

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Sample question

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

Small to medium enterprises and business plans: sample question

1 mark

A fictional furniture repair business has an opening balance of US$450 in January. Its January receipts are US$1,300 and its January payments are US$1,350. Calculate its closing balance for January.

Complete: US$ …

Only if the answer has a unit, e.g. cm or km/h.

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