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Team 2
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Teams
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Score
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monster
Reset all scores!
Oops!
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gift
Win 20 points!
Okay!
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fairy
Take points!
5
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15
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25
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baam
Lose 25 points!
Oops!
15
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Should a restaurant open where there are no restaurants or where there are lots of restaurants?
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Okay!
Check
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seesaw
Swap points!
Oops!
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gift
Win 25 points!
Okay!
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fairy
Take points!
5
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25
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lifesaver
Give 25 points!
Oops!
15
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Should governments regulate low-cost companies more strictly? 🏛️
regulation, to protect, consumers, involuntary labor, supply chain
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15
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What kind of startups do you know from your country/city?
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20
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Why are businesses important in society?
They provide jobs, create products and services that improve our lives, and contribute to the economy.
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25
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Give 2 advantages and 2 disadvantages of low-cost strategies.
efficiency, trade-offs, quality, wastage
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15
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Why are customers so tempted by cheap deals even if they don’t need the product? 🛍️.
Model answer: I believe that customers are tempted because of impulsive behaviour and attractive pricing strategies.
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15
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How difficult is it to start a new business?
Very difficult – high risk of failure, legal costs, need for finance, and constant trade-offs.
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15
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What business ideas could you start with little or no capital?
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15
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How can a startup determine who its potential customers are?
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thief
Give points!
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25
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gift
Win 10 points!
Okay!
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rocket
Go to first place!
Okay!
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thief
Give points!
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25
5
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💬 Quote: “Low prices always come at a hidden cost.” 💸
👉 Do you agree or disagree? Why? 👉 Can you think of a real example?
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banana
Go to last place!
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gift
Win 25 points!
Okay!
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gift
Win 20 points!
Okay!
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banana
Go to last place!
Oops!
15
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Why do traditional brands struggle against low-cost competitors? 🏢. 💡
cost structure, supply chain, to procure, inventory turnover rate
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15
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Is overconsumption driven by low-cost business models? 🛒 💡
overconsumption, to influence, behaviour, micro-trend, waxing and waning
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