Business GCSE Unit 1 | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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15

True or False: businesses are only set up to make money?

False they can also be for a social benefit like a charity

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15

What is diseconomy of scale

when a business grows and causes the costs to increase

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15

What is a stakeholder

anyone who is affected by the business

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monster

Reset all scores!

Oops!

star

Double points!

Okay!

gift

Win 20 points!

Okay!

lifesaver

Give 20 points!

Oops!

15

Give the formula for Total costs

Fixed costs + Variable costs

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20

Give 2 examples of external expansion

merger and takeover

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15

Give 2 examples of Fixed costs

answer satisfactory to teacher

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trap

No points!

Oops!

gold

Win 50 points!

Okay!

fairy

Take points!

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25

thief

Give points!

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15

what is an entrepreneur

Someone who starts or runs a business

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15

give 2 reasons for making a business plan

Answer according to teacher satisfaction

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15

What is a business objective

A short term goal

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15

What is economy of scale

When a business buys in bulk and pays lower prices

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15

How many people are in a partnership

2-20

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baam

Lose 20 points!

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seesaw

Swap points!

Okay!

fairy

Take points!

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baam

Lose 25 points!

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15

Calculate the revenue: Bob sold 200 cakes for £2 each at the station, he paid £10 for renting his table for sales

£400

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15

What is revenue

All the money the business makes from sales

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