Structures Flashcards
Macro-environment explained
General forces and trends rather than specific organisations
Political - trade regulations, political stability, laws and legal issues,.
Economic environment – e.g. inflation, interest rates, economic growth.
Social and cultural – e.g. population growth, age groups, religious
focuses, fashion trends etc.
Technological – new opportunities, government investment, influence of new technology.
Micro-environment explained
All the organisations and individuals who directly or indirectly affect the activities of the
company (Customers, competitors, intermediaries, suppliers and stakeholders).
Internal environment explained
Employees, equipment, finance and functional responsibilities.
What are the 4 organisational structures of a business
Local
National
International
Global
Categories of sports business - Private
Profit driven
Funded by private investment,
membership fees, sales and
sponsorship
Target groups with disposable
income, athletes, schools and
teams
Categories of sports business - Public
Not for profit, money that is
made is reinvested
Funded by local or national
government, memberships,
lottery funding or private
donations
Target groups with low
income, local communities,
specific groups e.g. older
adults
Aspects of voluntary sports business
Non-profit
Funded by memberships,
donations, sponsorship, loans
and private investment
Target groups included low
income, local communities
and specific groups
Aim is to fulfil a specific
purpose e.g. increases
participation
Set up as charitable status.
Provided self-fulfilment/ giving
back to the community