Unit 22 Flashcards

(30 cards)

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
Programming to meet customer needs
Provision Staffing Legal requirements
26
Internal stakeholders
Managers Employees Owners
27
External stakeholders
``` Suppliers Competitors Creditors Customers Government agencies Communities Interest groups Trade associations ```
28
7 P's
``` Product Promotion Process Place Price People Physical environment ```
29
Above the line marketing
TV adverts Radio adverts Magazine and newspaper adverts
30
Below the line marketing
``` Leaflets Outdoor adverts Product demos In store promotions Vehicles with promotions on ```