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