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Team 2
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Teams
Name
Score
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15
×
Which 2 will be in a business plan: Personal details/staffing requirements/Persons name who you are leasing property from
answer satisfactory to teacher
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Okay!
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15
×
what are the fees called that are paid by the franchisee to the franchisor
Royalties
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Okay!
Check
15
×
Give the formula for revenue
Price per unit X Quantity sold
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Check
Okay!
Check
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trap
No points!
Oops!
×
gold
Win 50 points!
Okay!
×
shark
Other team loses 25 points!
Okay!
×
banana
Go to last place!
Oops!
15
×
True or False: Fixed costs vary with the output of the business
False - Fixed costs stay the same no matter how much is produced
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Okay!
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15
×
True or False: All shareholders are stakeholders
True - all shareholders are affected by the business
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Okay!
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15
×
Give the formula for Total costs
Fixed costs + Variable costs
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Okay!
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15
×
Where does a PLC sell their shares
on the stock market
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Okay!
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×
seesaw
Swap points!
Oops!
×
seesaw
Swap points!
Okay!
×
shark
Other team loses 20 points!
Okay!
×
thief
Give points!
5
10
15
20
25
15
×
Give 2 examples of Fixed costs
answer satisfactory to teacher
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Okay!
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15
×
What is a business objective
A short term goal
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Okay!
Check
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thief
Give points!
5
10
15
20
25
×
gold
Win 50 points!
Okay!
×
rocket
Go to first place!
Okay!
×
banana
Go to last place!
Oops!
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heart
Other team wins 20 points!
Oops!
×
seesaw
Swap points!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
baam
Lose 25 points!
Oops!
15
×
Give 2 examples of variable costs
answer satisfactory to teacher
Oops!
Check
Okay!
Check
15
×
What is revenue
All the money the business makes from sales
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Check
Okay!
Check
15
×
give 2 reasons for making a business plan
Answer according to teacher satisfaction
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Check
Okay!
Check
×
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