What isopportunitycost?What are thebenefits ofspecialization?What isnichemarketing?Identify threeadvantages ofsetting up abusiness througha franchiseagreementIdentify andexplain thefour methodsofcommunicationThedisadvantagesof having atall chain ofcommandWhat are thefunctions ofa tradeunion?What ismeant by asocialenterprise?What ismeant byprimarysector?Identify 2ways ofmeasuringthe size of abusinessIdentify 4commonreasons whynewbusiness failWhat ismeant byCost-pluspricingIdentify the4 channelsofdistributionWhat ismeant bythe termKaizenExplain 2differencesbetween theprivate andpublic sectorExplain thedifferencebetweenHerzbergs'smotivators andhygiene factorsWhat ismeant bymarketingsegmentationIdentify the 5quantitativefactors in achoosing alocation for thebusinessWhat isTaylor'sscientificmanagementtheory ?Using examples,explain thedifference betweenfixed costs andvariable costsTheadvantagesanddisadvantagesof on the jobtrainingWhat arethe mainmethods ofproductionExplain how abusiness couldexperiencediseconomiesof scaleThe benefitsandlimitations ofprimaryresearchWhat isopportunitycost?What are thebenefits ofspecialization?What isnichemarketing?Identify threeadvantages ofsetting up abusiness througha franchiseagreementIdentify andexplain thefour methodsofcommunicationThedisadvantagesof having atall chain ofcommandWhat are thefunctions ofa tradeunion?What ismeant by asocialenterprise?What ismeant byprimarysector?Identify 2ways ofmeasuringthe size of abusinessIdentify 4commonreasons whynewbusiness failWhat ismeant byCost-pluspricingIdentify the4 channelsofdistributionWhat ismeant bythe termKaizenExplain 2differencesbetween theprivate andpublic sectorExplain thedifferencebetweenHerzbergs'smotivators andhygiene factorsWhat ismeant bymarketingsegmentationIdentify the 5quantitativefactors in achoosing alocation for thebusinessWhat isTaylor'sscientificmanagementtheory ?Using examples,explain thedifference betweenfixed costs andvariable costsTheadvantagesanddisadvantagesof on the jobtrainingWhat arethe mainmethods ofproductionExplain how abusiness couldexperiencediseconomiesof scaleThe benefitsandlimitations ofprimaryresearch

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