Costing and Pricing a New Sports Camp
Topic Based Activity - Topics: Pricing, Costs
Description: Students will work in teams to explore the process of setting prices for a sports camp. They will decide on key factors affecting the price, and calculate the costs involved in running the camp.
Students identify essential and non-essential costs, set an initial price, and adjust it based on influencing factors. They reflect on how costs and pricing affect profitability, gaining insight into cost analysis, pricing strategies, and real-world decision-making.
What You Get:
Teacher Notes
Presentation Slides
Costing and Pricing a New Sports Camp
Topic Based Activity - Topics: Pricing, Costs
Description: Students will work in teams to explore the process of setting prices for a sports camp. They will decide on key factors affecting the price, and calculate the costs involved in running the camp.
Students identify essential and non-essential costs, set an initial price, and adjust it based on influencing factors. They reflect on how costs and pricing affect profitability, gaining insight into cost analysis, pricing strategies, and real-world decision-making.
What You Get:
Teacher Notes
Presentation Slides
