Identify threeadvantages ofsetting up abusiness througha franchiseagreementWhat are thebenefits ofspecialization?Theadvantagesanddisadvantagesof on the jobtrainingThe benefitsandlimitations ofprimaryresearchWhat isopportunitycost?What isTaylor'sscientificmanagementtheory ?Identify 4commonreasons whynewbusiness failUsing examples,explain thedifference betweenfixed costs andvariable costsWhat ismeant bythe termKaizenWhat arethe mainmethods ofproductionWhat ismeant by asocialenterprise?Identify the 5quantitativefactors in achoosing alocation for thebusinessExplain how abusiness couldexperiencediseconomiesof scaleIdentify andexplain thefour methodsofcommunicationWhat are thefunctions ofa tradeunion?What ismeant bymarketingsegmentationExplain thedifferencebetweenHerzbergs'smotivators andhygiene factorsWhat ismeant byCost-pluspricingIdentify 2ways ofmeasuringthe size of abusinessWhat isnichemarketing?Thedisadvantagesof having atall chain ofcommandIdentify the4 channelsofdistributionWhat ismeant byprimarysector?Explain 2differencesbetween theprivate andpublic sectorIdentify threeadvantages ofsetting up abusiness througha franchiseagreementWhat are thebenefits ofspecialization?Theadvantagesanddisadvantagesof on the jobtrainingThe benefitsandlimitations ofprimaryresearchWhat isopportunitycost?What isTaylor'sscientificmanagementtheory ?Identify 4commonreasons whynewbusiness failUsing examples,explain thedifference betweenfixed costs andvariable costsWhat ismeant bythe termKaizenWhat arethe mainmethods ofproductionWhat ismeant by asocialenterprise?Identify the 5quantitativefactors in achoosing alocation for thebusinessExplain how abusiness couldexperiencediseconomiesof scaleIdentify andexplain thefour methodsofcommunicationWhat are thefunctions ofa tradeunion?What ismeant bymarketingsegmentationExplain thedifferencebetweenHerzbergs'smotivators andhygiene factorsWhat ismeant byCost-pluspricingIdentify 2ways ofmeasuringthe size of abusinessWhat isnichemarketing?Thedisadvantagesof having atall chain ofcommandIdentify the4 channelsofdistributionWhat ismeant byprimarysector?Explain 2differencesbetween theprivate andpublic sector

Business Studies Review - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. Identify three advantages of setting up a business through a franchise agreement
  2. What are the benefits of specialization?
  3. The advantages and disadvantages of on the job training
  4. The benefits and limitations of primary research
  5. What is opportunity cost?
  6. What is Taylor's scientific management theory ?
  7. Identify 4 common reasons why new business fail
  8. Using examples, explain the difference between fixed costs and variable costs
  9. What is meant by the term Kaizen
  10. What are the main methods of production
  11. What is meant by a social enterprise?
  12. Identify the 5 quantitative factors in a choosing a location for the business
  13. Explain how a business could experience diseconomies of scale
  14. Identify and explain the four methods of communication
  15. What are the functions of a trade union?
  16. What is meant by marketing segmentation
  17. Explain the difference between Herzbergs's motivators and hygiene factors
  18. What is meant by Cost-plus pricing
  19. Identify 2 ways of measuring the size of a business
  20. What is niche marketing?
  21. The disadvantages of having a tall chain of command
  22. Identify the 4 channels of distribution
  23. What is meant by primary sector?
  24. Explain 2 differences between the private and public sector