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
4. Cut them out and place them around your class / school.
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!
4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.
Question | Answer |
1. Feature1 | Usually obtained from a bank. Security (collateral) will normally be required. If the security is a building (eg a house) then it will be a mortgage. Has to be paid back over an agreed period of time. | 2. Feature2 | Money given to a new business or for a new product by people or organisations who want a share of the profits in return. | 3. Feature3 | Renting equipment, vehicles or premises for a set period of time. Usually maintenance and repairs are made by the leasing company as part of the agreement. | 4. Feature4 | Money kept by the business instead of being shared between the owners | 5. Feature5 | Money given to the business by a charity or government. The money does not have to be repaid although there may be conditions. | 6. Feature6 | The owner’s own money. | 7. Feature7 | Where people buy a portion of the business in return for a portion of the profits. | 8. Advantage1 | Payments spread over a number of years. No repairs and maintenance costs to pay. | 9. Advantage2 | Advice of expert(s) to support the business. | 10. Advantage3 | No interest to pay | 11. Advantage4 | Does not have to be repaid | 12. Advantage5 | Cost spread over a number of years. | 13. Advantage6 | Large sums of money can be raised with no interest to pay. | 14. Advantage7 | No interest to pay. Does not necessarily have to be paid back. | 15. Disadvantage1 | The investor may expect a large portion of the company in return for the investment. May be some loss of control for the owner. | 16. Disadvantage2 | Opportunity cost. What might the money have been used for? | 17. Disadvantage3 | The business does not own the equipment, property etc. The owner may decide not to renew the agreement and use of the asset is lost. | 18. Disadvantage4 | Opportunity cost. What might the money have been used for? | 19. Disadvantage5 | Conditions may apply, eg having to provide jobs for a certain number of people. | 20. Disadvantage6 | Interest must be paid whether the business is making a profit or not. | 21. Disadvantage7 | The investors must be given a share of the profits. Some control lost to the investors. |
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