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QR Challenge: Business Management Incorporatd Businesses and Franchises

Created using the ClassTools QR Treasure Hunt Generator

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Teacher Notes

A. Prior to the lesson:

1. Arrange students into groups. Each group needs at least ONE person who has a mobile device.

2. If their phone camera doesn't automatically detect and decode QR codes, ask students to

3. Print out the QR codes.

4. Cut them out and place them around your class / school.

B. The lesson:

1. Give each group a clipboard and a piece of paper so they can write down the decoded questions and their answers to them.

2. Explain to the students that the codes are hidden around the school. Each team will get ONE point for each question they correctly decode and copy down onto their sheet, and a further TWO points if they can then provide the correct answer and write this down underneath the question.

3. Away they go! The winner is the first team to return with the most correct answers in the time available. This could be within a lesson, or during a lunchbreak, or even over several days!

C. TIPS / OTHER IDEAS

4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.

Questions / Answers (teacher reference)

Question

Answer

1. Incorporation is the process that businesses go through to become a R…….. company and a separate E….. ?registered company and separate entity
2. The name given to the owners of a incorporated business?shareholders
3. If a company is an unincorporated business what does this mean? it is not a registered company so the business and the owner are treated as one
4. Two examples of an unincorporated business?sole trader and partership
5. What is a propriety?a private company
6. Identify the what limited and unlimited liability means?limited liability means that the shareholders in a company cannot be held responsible for the debts of the business. Unlimited liability means that the owners eg sole trader and partners are responsible for the debts of the company
7. Explain why incorporated businesses have limited liability?shareholders only lose the amount they invested in the business and no more
8. All decision-making in an incorporated business is taken by whom? Director
9. Directors in large companies have limited liability unless they give a false account of the company’s F.. position?Financial
10. The name of the type of business where beneficiaries are members?Trust
11. A democratic organisation owned and controlled by the people it serves?Co-operative
12. ? is the development of something new - to satisfy a consumer need that is not being satisfied eg computers (1970’s)?Innovation
13. These are the activities undertaken to improve existing products, create new products or improve production?Research and Development
14. the features of a market into which a new product or service is to be introduced (customers, competition and potential for growth?Market Conditions
15. Buying an established business and selling its products/service?Franchise
16. The name of the organisation that grants a franchise?Franchisor
17. The name given to a person who invests in a partnership but doesn’t get involved in the running of the business? Sleeping Partner
18. The name given to the monetary value attached to the reputation of a business?

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=Incorporation__is_the_process__that_businesses_go_through_to_become_a_R…….._company_and_a_separate_E….._?

Question 1 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=The_name_given_to_the_owners_of_a_incorporated_business?

Question 2 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=If_a_company_is_an_unincorporated_business_what_does_this_mean?

Question 3 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=Two_examples_of_an_unincorporated__business?

Question 4 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_a_propriety?

Question 5 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=Identify_the_what_limited_and_unlimited_liability_means?

Question 6 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=Explain_why_incorporated_businesses_have_limited_liability?

Question 7 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=All_decision-making_in_an_incorporated_business_is_taken_by_whom?

Question 8 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=Directors_in_large_companies_have_limited_liability_unless_they_give_a_false_account_of_the_company’s_F.._position?

Question 9 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=The_name_of_the_type_of_business_where_beneficiaries_are_members?

Question 10 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=A_democratic_organisation_owned_and_controlled_by_the_people_it_serves?

Question 11 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=?_is_the_development_of_something_new__-_to_satisfy_a_consumer_need_that_is_not_being_satisfied_eg_computers_(1970’s)?

Question 12 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=These_are_the_activities_undertaken_to_improve_existing_products,_create_new_products_or_improve_production?

Question 13 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=the_features_of_a_market_into_which_a_new_product_or_service_is_to_be_introduced__(customers,_competition_and_potential_for_growth?

Question 14 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=Buying_an_established_business_and_selling_its_products/service?

Question 15 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=The_name_of_the_organisation_that_grants_a_franchise?

Question 16 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=The_name_given_to_a_person_who_invests_in_a_partnership_but_doesn’t_get_involved_in_the_running_of_the_business?

Question 17 (of 18)

 


Business Management Incorporatd Businesses and Franchises: QR Challenge

https://www.classtools.net/QR/decode.php?text=The_name_given_to_the_monetary_value_attached_to_the_reputation_of_a_business?

Question 18 (of 18)