Laws and Legislation
This law sets the minimum amount employees must be paid per hour.
National Minimum Wage Act
In PESTLE, the first "E" stands for
Environmental
In SWOT, the "W" stands for ___.
Weaknesses
The main aim of most private businesses is to make
Profit / money
what are the two customer groups
demographic / purpose
Which law ensures that people are treated fairly regardless of race, gender, or age?
Equality Act 2010
A rise in inflation is an example of this factor in PESTLE.
Economic factor
Relying too heavily on one product is an example of which SWOT category
Weaknesses
What is market leadership.
becoming the top performer
What is a niche market
a small, specialized market for a particular product or service.
Businesses must keep customer information safe under this law.
Data Protection Act / GDPR
Current trends would fit into which PESTLE factor?
Social
Changes in technology and markets on both, broad and narrow scales would come under which SWOT category
Opportunites
Voluntary organisations usually aim to support
A cause, charity, or community need
What are two reasons why people participate in sport
performance, recreation, personal image, health maintenance, charity
This law protects consumers from buying faulty or dangerous products.
Consumer Rights Act
What does PESTLE analyse, and what does it provide businesses
analyses external factors AND provides a big picture of what is going on and changing around them (e.g. laws, regulations, current trends)
A change in customer shopping habits, such as moving online, would be which SWOT category?
Threat
A business aiming to expand into three new countries in five years is setting what type of objective?
Geographic growth
What are the 5 barriers to participating in sport
cost, access, time, personal, cultural
Which law requires employers to make “reasonable adjustments” for employees with disabilities. Provide an example how a SAL business would do this.
Equality Act 2010
What are the four steps to carry out a PESTLE analysis
List the External Factors / Work Out What It Means for the Business / Rate the Impact and Likelihood / Plan What to Do Next (SWOT)
A new technology that reduces production costs could be both an opportunity and a threat. Explain why.
Opportunity if adopted / spend saved money elsewhere / could potentially be more time efficient
Threat if competitors use it first / large upfront cost for the technology / need people qualified to manage it / loss of jobs
What is diversification and provide an example of a SAL business who has done this
entering new markets (e.g. gym shark, whoop, my protein etc. offering new products/services)
Provide 3 ways a gym could be more inclusive of disabilities
Accessible facility design / Adaptive equipment / Staff training / Quiet or sensory-friendly areas / Assistive technology / Flexible policies / accessible facilities (lower water taps)