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QR Challenge: Entrepreneurship/Market Structure Quiz

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. What is the name for a person who makes the decision to start a business?entrepreneurship
2. What is complete legal responsibility for all debts and damages arising from doing business?unlimited liability
3. What is a business called that two or more individuals operate?partnerships
4. What is a temporary partnership called?joint venture
5. What is an organization owned by many people but treated by law as though it were a person?corporation
6. What represents ownership rights to a certain portion of the future profits and assets of the company that issues the stock?stock
7. What is the articles of incorporation?check sheet
8. Who is the board of directors elected by?stockholders
9. Which type of market structure deals with a single seller that determines the price?monopoly
10. Which types of market structure has few suppliers?oligopoly
11. Which type of monopoly is found in a remote placegeographic
12. Which type of market structure has numerous buyers and sellers and rarely exists?perfect competition
13. Which market structure is similar to oligopoly, but more sellers are involved?monopolistic competition
14. What prevents others from entering a market?barrier to entry
15. How long does a patent last?20 years
16. When markets act together to raise a price or divide the market, what is that called?collusions
17. How long does a copyright last?70 years
18. In which market structure is competitive advertising the most important?monopolistic competition

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 1 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 2 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 3 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 4 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 5 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 6 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 7 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 8 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 9 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 10 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 11 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 12 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

https://www.classtools.net/QR/decode.php?text=Which_market_structure_is_similar_to_oligopoly,_but_more_sellers_are_involved?

Question 13 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 14 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 15 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

https://www.classtools.net/QR/decode.php?text=When_markets_act_together_to_raise_a_price_or_divide_the_market,_what_is_that_called?

Question 16 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 17 (of 18)

 


Entrepreneurship/Market Structure Quiz: QR Challenge

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

Question 18 (of 18)