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. A sum of money that is owed or due | debt | 2. Expense that changes depending on the level of output by the business2 | variable costs2 | 3. Group of customers to which the business aims to sell its products3 | target market3 | 4. Paid form of communication to inform and persuade customers to buy their product4 | advertising4 | 5. A financial record prepared by a business to calculate profit5 | income statement5 | 6. Attractive covering of a product that makes it stand out6 | packaging6 | 7. What the business spends money on in order to operate7 | expenses7 | 8. This is calculated by deducting expenses from income8 | net profit8 | 9. Ability to understand finance and use the information to make informed decisions9 | financial literacy9 | 10. Expense that is unaffected by the level of output by the business10 | fixed cost10 | 11. Setting a high price to maximise profits, used to launch new, innovative products11 | price skimming11 | 12. Attracting customers by making them believe the product is cheaper than it really is12 | psychological pricing12 | 13. The portion of a market controlled by a particular company or product13 | market share13 | 14. Adding a percentage to costs as profit margin to come to their final pricing14 | cost plus pricing14 | 15. Making the good or service APPEAR different or superior to the competition15 | product differentiation15 |
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