QR Challenge: Business Finance

Created using the ClassTools QR Treasure Hunt Generator

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

• Download a QR reader (e.g. I-Nigma | NeoReader | Kaywa) onto their mobile devices
• Bring these devices into the lesson.

3. Print out the QR codes.

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

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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!

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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.

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Questions / Answers (teacher reference)

Question	Answer
1. What are the factors considered in declaring cash dividends	Availability of investment opportunities, access to long term sources of funds, capital structure
2. A technique used to determine the financial viability of a long term investment	Capital Budgeting
3. Include making decisions as to how to finance long-term investments and working capital which deals with the day-to-day operations of the company	Financing Decisions
4. Who is the VP responsible for providing assistance in payroll preparation?	VP for Administration
5. They can also serve as conduits of investors in buying and selling both government securities and corporate bonds	Banks
6. These are what the insured pays the insurance companies and are used to fund claims.	Premiums
7. These are forms of evidence regarding the executed buy or sell transaction that a client placed with his broker	Confirmation Receipt
8. Who are considered as the residual owners of a company?	Common Stockholders
9. Who issues Treasury bonds and Treasury bills?	National Treasury
10. Whose responsibility is it to determine top management's compensation?	BOD
11. Who ensures production meets customer demands?	VP for Production
12. Who assists other departments in hiring employees?	VP for Administration
13. Who performs market and competitor analysis?	VP for Sales and Marketing
14. Who oversees the operations of a company and ensures that the strategies as approved by the board are implemented as planned?	President
15. What is the disadvantage of financing working capital accounts mostly through short-term sources?	It exposes the company to liquidity problems.
16. This depends largely on the nature of its business	Capital Structure

 

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