Unit 22 Flashcards

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1
Q

Types of businesses

A

Private
Public
Voluntary

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2
Q

Private business

A

A business that is mainly aimed at looking for a profit, and is run by the owner

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3
Q

Public business

A

A business run by the government that offers products/services to a different range of people

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4
Q

Voluntary business

A

A business that does not look for any profit and is just to get people socialising

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5
Q

Sole trader

A

A business run by one person

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6
Q

Partnership

A

A business run by two or more people

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7
Q

Private limited company (ltd)

A

Smaller businesses with shareholders that buy shares of the company

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8
Q

Public limited company (plc)

A

Larger businesses with shares offered for sale on the stock market

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9
Q

Co-operative

A

A business owned and run by its own members

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10
Q

Local authority

A

Deliver public services, and operate their facilities as co-operatives

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11
Q

Scope of businesses

A

Local
National
International
Multi-national

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12
Q

Size of businesses

A

Micro
Small
Medium
Large

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13
Q

Aims of a business

A

Increase participation
Raise awareness
Meet current trends

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14
Q

Aims for a private sector businesses

A
Strong customer service
Break-even
Growth
Market leadership
Diversification
Survival
Service provision
Making profits
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15
Q

Why have sports businesses grown?

A

TV licensing
Fitness is booming
Increased demands for sports apparel
Sports clubs branding and merchandise

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16
Q

Advantages of good customer service

A
Generates repeat business
Enhances reputation
Combats higher prices
Provides competitive advantage
Improves employees morale
17
Q

Aims for a public sector business

A

Cost control
Meeting government standards
Service quality
Value for money

18
Q

Aims for a voluntary sector business

A

Support local communities

Encourage participation

19
Q

Programmes to promote participation

A
Educational/school programmes
Sports programmes
Gym programmes
Swimming pool programmes
Programmes to match demand
Programmes to serve specific groups
Heath and fitness programmes
20
Q

Sport services

A

Instruction
Therapeutic services
Customer service

21
Q

Additional facilities

A
Car parking
Refreshments
Changing areas
Lockers
Creche
22
Q

Customer groups

A

Demographic

Purpose

23
Q

Demographic groups

A
Age classification
Gender
Ethnic minority grouping
Socio-economic groups
Disability
24
Q

Customer groups - purpose

A
A specific activity of sport
Recreational
Weight loss
Personal image
Health maintenance
Training for performance
Charitable
25
Q

Programming to meet customer needs

A

Provision
Staffing
Legal requirements

26
Q

Internal stakeholders

A

Managers
Employees
Owners

27
Q

External stakeholders

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

7 P’s

A
Product
Promotion
Process
Place
Price
People
Physical environment
29
Q

Above the line marketing

A

TV adverts
Radio adverts
Magazine and newspaper adverts

30
Q

Below the line marketing

A
Leaflets
Outdoor adverts
Product demos
In store promotions
Vehicles with promotions on