Business Summary

Which type of business is Bannatyne?

• Sole Trader

• Private Limited

• Public Sector

• Cooperative

Match the following

• National

• High street supplement shop

• Multi-National

• MyProtein

• International

• Nike

• Local

• PureGym

Which is an advantage to being in a partnership?

• Shared responsibility

• Unlimited liability

• Pension

• You get to work by yourself

Reorder the following from smallest to largest

• Large Business

• Small Business

• Micro-Business

• Medium Business

A local leisure centre owned by the local council is known to be a ' (a)   ' sector facility

What would be the primary purpose for a brand new business?

• Diversification

• Growth

• Survival

• Break Even

A local gym starts to sell clothing merchandise to it's members and sees growth in revenue. What is this business strategy known as?

(a)  

When creating a SWOT Analysis, what must the Strengths & Weaknesses be?

• Internal Factors

• External Factors

• As accurate as possible

• Linked to other businesses

Which factors would strong customer service impact on?

• External stakeholders

• Retention of customers

• The cost of marketing

• Enhanced facilities

Which demographics do yoga businesses typically target?

• All the graphics

• Older females

• Disabled

• Males who want to get fit