Learning Aim A

Question 1

Private-sector Business Examples

Answer 1

Sole trader, partnership, private limited, public limited.

Question 2

Sole Trader

Answer 2

An owned and operated by one person. They will make all decisions and take all of the profits but are responsible for any debts.

Question 3

Partnership

Answer 3

A business in which two or more people join together and use their skills. They will share any profits but are responsible for any debts.

Question 4

Private Limited Company

Answer 4

A smaller businesses organised with shareholders who invest money to buy a share of the company.

Question 5

Public Limited Company

Answer 5

Larger businesses with shares offered to the public on the stock market. Shareholders are paid a dividend of the profits. Shareholders are not liable for debts.

Question 6

Co-operatives

Answer 6

A businesses owned by their members, who share the profits equally.

Question 7

Unlimited Liability

Answer 7

The owner is fully responsible for all losses and debts of the business. There is no limit to the amount of debt they are responsible for.

Question 8

Limited Liability

Answer 8

A form of business ownership which the owners are liable only up to the amount of their individual investments.

Question 9

Public-sector Businesses

Answer 9

Businesses owned and funded by the government. They are managed by local councils.

Question 10

Public Corporation

Answer 10

A publicly owned company or state-owned organisation.

Question 11

What is Local Authorities

Answer 11

A business run by a local council, which will have a sports and leisure brief to provide a range of services.

Question 12

Public Bodies

Answer 12

These organisations are set up and funded by the government. E.g Sport England, UK Sport. They are non-profit organisations.

Question 13

Third-sector Businesses

Answer 13

These are run for the benefit of the community and are not for profit and are not government run. E.g. Voluntary sector and charitable trusts

Question 14

Voluntary Sector

Answer 14

Organisations that exist to provide opportunities and facilities for their members. E.g. Local town football club. Volunteers may be coaches.

Question 15

Charitable Trusts

Answer 15

These organisations exist to achieve a common aim, such as improvement of public health via sports, and raise. They usually do not pay tax.

Question 16

Local Scope

Answer 16

Based in a specific town. E.g sole trader / partnership / private limited company.

Question 17

National Scope

Answer 17

Operates throughout a country

Question 18

International Scope

Answer 18

Trades across international borders. E.g. Premier league clubs are based in England but sell merchandise to fans from around the world

Question 19

Multi-national Scope

Answer 19

Has facilities in at least one other country than its home country. E.g Nike has manufacturing and retail facilities around the world

Question 20

Micro Size

Answer 20

0-9 employees

Question 21

Example of a micro business

Answer 21

Personal Trainer

Question 22

Small Size

Answer 22

10-49 employees

Question 23

Example of a small business

Answer 23

Leisure centre

Question 24

Medium Size

Answer 24

50-249 employees

Question 25

Example of a medium business

Answer 25

Football club

Question 26

Large Size

Answer 26

250+ employees

Question 27

Example of a large business

Answer 27

Sports Direct

Question 28

Stakeholders

Answer 28

a person with an interest with a business

Question 29

Programmes - Provision

Answer 29

Facilities must be available, safe to use and available for a specific time.

Question 30

Programmes - Staffing

Answer 30

Businesses need to employ the right amount of qualified staff, some activities may need more staff than other, it is important that employees show a professional image when working.

Question 31

Programmes - Legal Requirements

Answer 31

Employees must have DBS checks.

Question 32

Purpose - Health Maintenance

Answer 32

Regular exercise, maintain bodies functions

Question 33

Purpose - Weight Loss

Answer 33

Using exercise and diet advice

Question 34

Purpose - Personal image

Answer 34

Improve personal image by exercising

Question 35

Purpose - Recreational

Answer 35

Not competitive, enjoyment

Question 36

Purpose - Specific activity of sport

Answer 36

Aiming to gain new skills

Question 37

Purpose - Performance training

Answer 37

Specific sessions at top level

Question 38

Purpose - Charity

Answer 38

Raise money for a cause

Question 39

Demographic - Age class

Answer 39

Exercise together, socialise with people of same age

Question 40

Demographic - Gender

Answer 40

Exercise together, feel comfortable

Question 41

Demographic - Disability

Answer 41

Accessibility, equipment adaptable, feel like they can be like anyone else

Question 42

Demographic - Ethnic minority

Answer 42

Don’t want to stereotype, get them into different sports

Question 43

Demographic - Socio economic groups

Answer 43

Haven’t got the money to access it, discrimination

Question 44

Additional Facilities

Answer 44

Changing rooms, lockers, refreshments, crèche, car park

Question 45

Additional Facilities - Car Parking

Answer 45

Many people travel to leisure facilities by car, may lose customers due to no car parking

Question 46

Additional Facilities - Refreshments

Answer 46

Provides attraction, improves leisure centre, great way of getting extra revenue

Question 47

Additional Facilities - Changing Rooms

Answer 47

People need somewhere to change and wash, area should always be clean

Question 48

Additional Facilities - Creche

Answer 48

Allows parents to exercise even if they have young children. A creche must be staffed and trained by employees

Question 49

Additional facilities - Lockers

Answer 49

Customers need to store their belongings safely and securely

Question 50

Programmes to promote participation

Answer 50

Health and fitness, educational, to serve a specific group, sports, gym, to match demand, swimming pool.