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WorksheetsBusiness for Video Games
Total questions: 19
Worksheet time: 10mins
A UK based independent games developer is set up as a sole trader. He has released a game but has not made as much money as he anticipated. He cannot pay all the invoices that his business is liable for; this means...
He is personally liable for payments due to HMRC but
not to private suppliers.
He is personally liable for all payments due
If he closes his business he will not have to pay
anything back.
He will not be able to start another business for 5 years.
A UK based small game development studio is forecasting a a good turnover and is trying to work out whether the business should be registered for VAT.
The VAT threshold currently is...
£64,000
£85,000
£72,000
£95,000
A group of investors is assessing a potential investment into a games middleware company. The investors are particularly focusing on the forecast internal rate of return, because it primarily...
allows them to see how profitable their investment would be.
allows them to see how quickly they are going to get their
money back.
helps assess the risk of the investment.
shows them whether the directors can manage cashflow
effectively.
A game design team in a large studio is working out what analytics it needs to
track in the free-to-play mobile game that it is currently developing. The game
design team starts by defining what the data gathering is primarily for. This is...
to improve the gameplay.
to give to ad networks so they can better target the ads
in the game to their users.
to show investors how the game is doing.
to tell press to get more PR.
A games studio's R&D department want to invest in the most recent major area of focus for game developers’, which is..
E-sports
F2P Games
Mobile Games
VR
An experienced businessperson has started investing in other people's companies. One of their friends asks them why they want to take that kind of risk. They state that their primary reason is . . .
belief in the management team
tax relief
personal interest in what the company does
chance of making more money than if they put the money in the bank
A recent graduate is setting up their first company. The first step is to register as a company with . . .
A Bank
Companies House
HMRC
Shareholders
The director of a game development studio has been asked to speak to some students about the role of a game designer. He explains that whilst game designers can be responsible for lots of things, their key role is to . . .
define the art style of the game
manage the team
make the art for the game
work out the mechanics of the game
The management team of a game development studio is planning their next project.
The CEO says that they should have a soft launch period because . . .
they can then test the game and fix any issues before full release
the game will start making money earlier
it may provide free testers, reducing the cost of professional testing
it reduces the budget they will need to get the game to market
An established UK game studio needs to raise funding for their new game. They have been advised to set-up a Special Purpose Vehicle (SPV) by their accountant because . . .
it will make their cashflow more efficient
it will make the company more attractive to possible investors
they will be able to split staff between the two companies
they don’t want to give away equity in their company
The director of a start-up game studio is planning to meet publishers to discuss their game.
He is researching the difference between third party and first party publishers. He learns that first party publishers…
are the best publishers
only publish games made by developers that they own
own the platform that they publish on
publish across multiple platforms
A programmer gets promoted to lead programmer. She has never managed anyone before but is now in charge of 5 other people. She quickly realises that the best way to delegate a task is to . . .
give full responsibility to the person for delivering the task
give the person parameters within which to work, with specific goals
tell the person exactly what to do step by step
tell the person what is needed and provide a deadline.
A company has raised investment and needs to report regularly to its investors.
The investors want monthly updates on its finances, so the directors agree to provide a monthly version of the
Cash-Flow spead sheet
Financial Accounts
Management Accounts
payroll report.
Two recent graduates want to start a company. They have been told to write a business plan, primarily because it
demonstrates to clients/partners that the company knows
what it is doing.
ensures that the directors know what their business is trying
to achieve.
is useful to pitch for investment.
keeps investors informed and engaged.
In the UK, the intellectual property of programming code is automatically protected by
Copyright
Design Rights
Patent
Trademark
A game designer is working with her colleagues to write the documentation for the team to use to develop their next game.
Which of these sections is not needed?
Monetisation and retention loops
Game mechanics
Technical plan
Company overview
Agile is recommended as a project management style for game development because
of its ability to add features all through development.
it allows you to plan every task in detail from the start of the
project.
it ensures you don’t make changes as you go through
development.
it focuses on implementing and testing features as early as
possible.
Two ‘indie’ game developers are making a game together, working part-time from home when they have time around their day jobs. They have no external funding and are planning to self-publish the game without any marketing budget.
Which of the following are they most likely to rely on to engage with their customers?
Advertising
Business Development
Community Managment
Engaging with media outlets
The most ‘open’ platform for getting a game to market is...
IOS App Store
Nintendo DS
Steam
Xbox One
