(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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Identify and explain the four methods of communication
What is opportunity cost?
What is meant by primary sector?
What is Taylor's scientific management theory ?
Identify 2 ways of measuring the size of a business
What is niche marketing?
What are the benefits of specialization?
Explain how a business could experience diseconomies of scale
Identify 4 common reasons why new business fail
Using examples, explain the difference between fixed costs and variable costs
What is meant by marketing segmentation
The disadvantages of having a tall chain of command
What is meant by Cost-plus pricing
Explain the difference between Herzbergs's motivators and hygiene factors
The advantages and disadvantages of on the job training
Identify the 5 quantitative factors in a choosing a location for the business
Identify the 4 channels of distribution
What are the main methods of production
The benefits and limitations of primary research
Explain 2 differences between the private and public sector
What is meant by the term Kaizen
What is meant by a social enterprise?
Identify three advantages of setting up a business through a franchise agreement