Learning Aim A Flashcards

1
Q

private

A

sole trader, partnership, private limited company, public limited company, cooperative

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2
Q

Public

A

public cooperation, local authority

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3
Q

voluntary sector

A

charitable trust

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4
Q

Partnership

A

two or more persons combine their assets and skills

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5
Q

Private limited company

A

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

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6
Q

Cooperative

A

Run by the members who share the profits equally

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7
Q

objectives (SMART)

A

specific, measurable, achievable, relevant, time bound

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8
Q

sizes of business(micro small medium large)

A

micro: up to 9 staf
small: 10-49 staff
medium: 50-249 staff
large: 250+ staff

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9
Q

types of skate holders

A

internal, external

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10
Q

internal

A

managers, employees, owners, shareholders

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11
Q

types of skate holders-internal

A

managers, employees, shareholder

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12
Q

types of skate holders-external

A

suppliers, competitors, customers

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13
Q

services

A

instruction, therapeutic, customer services

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14
Q

additional facilities

A

refreshments, car parking, changing areas

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15
Q

list 3 programs to promote participation

A

health and fitness programs
water based activities
gym programs

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16
Q

scope of business activities

A

local, national, international,multi-national

17
Q

what are the needs you have to meet of the customer

A

staffing, provision, legal requirements

18
Q

aims and objectives of a business-name the three sectors

A

private sector

public sector

19
Q

private sector

A

Make profit; break even; survival; growth;

market leadership

20
Q

public sector

A

cost control; value for money; service

quality; meeting government standards

21
Q

voluntary sector

A

supporting communities

22
Q

stakeholder

A

A stakeholder is someone who has an interest in a business, they
have impact the business plans, aims and objectives.

23
Q

three SPORT SERVICES

A

Instruction
Therapeutic services
Customer service

24
Q

ADDITIONAL FACILITIES(5)

A
Car parking
Refreshments
Changing areas
Creche
Lockers
25
Q

Common customer groups

A
Age
Gender
Ethnic minority grouping
Disability
Socio-economic group
26
Q

INTERNAL STAKEHOLDERS

A
  • Managers
  • Employees
  • Owners/shareholders
27
Q

EXTERNAL STAKEHOLDERS

A
Suppliers
Competitors
Creditors
Customers
Government agencies and departments
Communities
Interest groups
Trade associations
28
Q

what are the 7 Ps of marketing

A

promotion, product, place, price, people, process, physical environment

29
Q

PRODUCT

A

Product life cycles, unique selling points (USPs) and

product range

30
Q

PRICE

A

Pricing strategies – a product is only worth what a customer is willing to pay for it.

31
Q

PROMOTION

A

The ‘promotional mix’ – a marketing term describing various promotion methods

32
Q

various promotion methods

A
  • Advertising,
  • Digital promotion
  • Social media
  • Target market
  • Brand image (celebrity endorsements)
  • Above the line (mass media methods e.g. TV
    advertising)
  • Below the line (specific, memorable methods focused on groups of customers.
33
Q

above the line marketing

A

a marketing that is sent and targeted at a mass audience of people

34
Q

below the line marketing

A

advertising which is more targeted at a specific person

35
Q

There are three different types of sports and active leisure businesses:

A

PRIVATE
VOLUNTARY
PUBLIC