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

Team 1
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Team 2
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Teams

Name

Score

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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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What is a Business aim

is a long term goal

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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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Where does a PLC sell their shares

on the stock market

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What is diseconomy of scale

when a business grows and causes the costs to increase

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banana

Go to last place!

Oops!

shark

Other team loses 20 points!

Okay!

rocket

Go to first place!

Okay!

lifesaver

Give 5 points!

Oops!

heart

Other team wins 25 points!

Oops!

seesaw

Swap points!

Okay!

fairy

Take points!

thief

Give points!

Give me 1 example of internal growth within a business

Answer satisfactory to teacher

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Check

Okay!

Check

thief

Give points!

magnet

Take 10 points!

Okay!

shark

Other team loses 15 points!

Okay!

thief

Give points!

How many people are in a partnership

2-20

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True or False: All shareholders are stakeholders

True - all shareholders are affected by the business

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Give 2 examples of variable costs

answer satisfactory to teacher

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give 2 reasons why would it be a good idea to locate your business near an area of high unemployment

there will be a large number of people looking for word and wages will be lower

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give 2 reasons for making a business plan

Answer according to teacher satisfaction

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thief

Give points!

star

Double points!

Okay!

fairy

Take points!

banana

Go to last place!

Oops!

Give the formula for revenue

Price per unit X Quantity sold

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Check

Okay!

Check

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