Team 1
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Team 2
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Teams
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Score
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15
×
Turnover - Cost of sales =
Gross Profit Margin
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Okay!
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15
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A word used to describe information we need to know about the customer
Demographics
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Someone or a supplier that our business owes money to
A creditor
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15
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Factors that affect the choice of promotional method
Size of budget, Size of enterprise, Target audience,
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15
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The first financial document used to make an order from Business to Business
Purchase order
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15
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Give an example of a sales promotion
Discounts, vouchers for money off, group discount bookings, BOGOF, loyalty cards
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trap
No points!
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rocket
Go to first place!
Okay!
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gift
Win 25 points!
Okay!
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baam
Lose 15 points!
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trap
No points!
Oops!
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shark
Other team loses 20 points!
Okay!
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rocket
Go to first place!
Okay!
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thief
Give points!
5
10
15
20
25
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thief
Give points!
5
10
15
20
25
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seesaw
Swap points!
Okay!
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fairy
Take points!
5
10
15
20
25
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thief
Give points!
5
10
15
20
25
15
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A way to promote your business via print
Poster, Billboard, flyer,
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15
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A financial document that lists all of the details of the order.
Invoice
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15
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The document that details all of the transactions between businesses
Statement of account
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15
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How can we reduce a negative cash flow?
Find a cheaper supplier, lower wages, reduce expenses (cheaper utility supplier)
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15
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What is the disadvantage of allowing users to pay via credit card
The business must first buy the card machine, this is a cost / The business also need to have a trained member of staff to run it which is also a cost
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15
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What is a cash flow forecast
A way to predict and estimate possible cash flow in and out of the business for the months ahead
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15
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What is a direct debit
Used to set up monthly payments that are regular, the amount can change but once set up this is automatically taken from the bank account.
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