Identify threeadvantages ofsetting up abusiness througha franchiseagreementIdentify the 5quantitativefactors in achoosing alocation for thebusinessUsing examples,explain thedifference betweenfixed costs andvariable costsWhat isopportunitycost?Identify the4 channelsofdistributionThe benefitsandlimitations ofprimaryresearchExplain how abusiness couldexperiencediseconomiesof scaleWhat are thefunctions ofa tradeunion?Identify 2ways ofmeasuringthe size of abusinessWhat ismeant by asocialenterprise?Identify 4commonreasons whynewbusiness failThedisadvantagesof having atall chain ofcommandWhat arethe mainmethods ofproductionExplain 2differencesbetween theprivate andpublic sectorWhat ismeant bythe termKaizenWhat isTaylor'sscientificmanagementtheory ?What ismeant bymarketingsegmentationIdentify andexplain thefour methodsofcommunicationWhat ismeant byCost-pluspricingWhat ismeant byprimarysector?What isnichemarketing?Explain thedifferencebetweenHerzbergs'smotivators andhygiene factorsTheadvantagesanddisadvantagesof on the jobtrainingWhat are thebenefits ofspecialization?Identify threeadvantages ofsetting up abusiness througha franchiseagreementIdentify the 5quantitativefactors in achoosing alocation for thebusinessUsing examples,explain thedifference betweenfixed costs andvariable costsWhat isopportunitycost?Identify the4 channelsofdistributionThe benefitsandlimitations ofprimaryresearchExplain how abusiness couldexperiencediseconomiesof scaleWhat are thefunctions ofa tradeunion?Identify 2ways ofmeasuringthe size of abusinessWhat ismeant by asocialenterprise?Identify 4commonreasons whynewbusiness failThedisadvantagesof having atall chain ofcommandWhat arethe mainmethods ofproductionExplain 2differencesbetween theprivate andpublic sectorWhat ismeant bythe termKaizenWhat isTaylor'sscientificmanagementtheory ?What ismeant bymarketingsegmentationIdentify andexplain thefour methodsofcommunicationWhat ismeant byCost-pluspricingWhat ismeant byprimarysector?What isnichemarketing?Explain thedifferencebetweenHerzbergs'smotivators andhygiene factorsTheadvantagesanddisadvantagesof on the jobtrainingWhat are thebenefits ofspecialization?

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