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QR Challenge: Types of Business Ownership

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. Owned and controlled by one personOwned and controlled by one person
2. Easy to set up and runEasy to set up and run
3. Not able to take time off without closing the business for a period of timeNot able to take time off without closing the business for a period of time
4. 2-20 people own and control the business together, usually by producing a Deed of Partnership2-20 people own and control the business together, usually by producing a Deed of Partnership
5. Different partners bring in different skills and ideasDifferent partners bring in different skills and ideas
6. Disputes between partners can occurDisputes between partners can occur
7. Shares are sold privately to family, friends and employees (LTD after its name)Shares are sold privately to family, friends and employees (LTD after its name)
8. Can raise additional finance by privately issuing more sharesCan raise additional finance by privately issuing more shares
9. All other shareholders must agree for new shares to be soldAll other shareholders must agree for new shares to be sold
10. Shares are sold to the general public (PLC after its name)Shares are sold to the general public (PLC after its name)
11. Easier to raise finance as more potential buyers of sharesEasier to raise finance as more potential buyers of shares
12. Need £50,000 to become oneNeed £50,000 to become one
13. Owned and controlled by worker-ownersOwned and controlled by worker-owners
14. Members are much more engaged and motivatedMembers are much more engaged and motivated
15. Workers may lack management experienceWorkers may lack management experience
16. A non-profit-making organisation set up to support a causeA non-profit-making organisation set up to support a cause
17. Many employees provide their services voluntarilyMany employees provide their services voluntarily
18. Also have paid employees and managersAlso have paid employees and managers
19. A company (franchisor) allows new branches of its business to be set up by franchiseesA company (franchisor) allows new branches of its business to be set up by franchisees
20. Is a ready-made business modelIs a ready-made business model
21. Control of how the business operates rests with the franchisorControl of how the business operates rests with the franchisor
22. Central government bodies that oversee the running of key areas of societyCentral government bodies that oversee the running of key areas of society
23. Ensure all UK citizens receive the same servicesEnsure all UK citizens receive the same services
24. Not all decisions made may be suitable for all areas of the countryNot all decisions made may be suitable for all areas of the country
25. Take responsibility for a particular service or functionTake responsibility for a particular service or function
26. More independent that government departments as to how services are runMore independent that government departments as to how services are run
27. Still accountable to government for their actionsStill accountable to government for their actionservices

 


Types of Business Ownership: QR Challenge

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

Question 1 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 2 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 3 (of 27)

 


Types of Business Ownership: QR Challenge

https://www.classtools.net/QR/decode.php?text=2-20_people_own_and_control_the_business_together,_usually_by_producing_a_Deed_of_Partnership

Question 4 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 5 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 6 (of 27)

 


Types of Business Ownership: QR Challenge

https://www.classtools.net/QR/decode.php?text=Shares_are_sold_privately_to_family,_friends_and_employees_(LTD_after_its_name)

Question 7 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 8 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 9 (of 27)

 


Types of Business Ownership: QR Challenge

https://www.classtools.net/QR/decode.php?text=Shares_are_sold_to_the_general_public_(PLC_after_its_name)

Question 10 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 11 (of 27)

 


Types of Business Ownership: QR Challenge

https://www.classtools.net/QR/decode.php?text=Need_£50,000_to_become_one

Question 12 (of 27)

 


Types of Business Ownership: QR Challenge

https://www.classtools.net/QR/decode.php?text=Owned_and_controlled_by_worker-owners

Question 13 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 14 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 15 (of 27)

 


Types of Business Ownership: QR Challenge

https://www.classtools.net/QR/decode.php?text=A_non-profit-making_organisation_set_up_to_support_a_cause

Question 16 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 17 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 18 (of 27)

 


Types of Business Ownership: QR Challenge

https://www.classtools.net/QR/decode.php?text=A_company_(franchisor)_allows_new_branches_of_its_business_to_be_set_up_by_franchisees

Question 19 (of 27)

 


Types of Business Ownership: QR Challenge

https://www.classtools.net/QR/decode.php?text=Is_a_ready-made_business_model

Question 20 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 21 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 22 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 23 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 24 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 25 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 26 (of 27)

 


Types of Business Ownership: QR Challenge

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

Question 27 (of 27)