BTEC Business Level 3 Exam Unit 6 - Principles of Management. Unit 6 exam Unit exam 2023Business btec level 3 exam 2023 Btec unit 6 principles of management exam 2023unit 6 exam notes unit 6 principles of management prerelease 2023business exam January 2023Business btec Unit 6 principles of managem...
Add an introduction about the company, their competitors, current market trends, and
what will be in the report.
Multifit Gym Plc Business profile
Multifit Gym plc (MFG Plc) was a successful fitness business with 20 gyms that were
established in the 1990s. The business employed 300 people within its gyms and
had 15 head office employees. The manager’s leadership style in MF Gym plc was
Laissez-faire as “employees liked the laid-back management style and found it
empowering,” which suggests that the employees had the authority or power to do
their job as they wanted.
Add Advantages and disadvantages of leadership style
Employees at MG Plc were satisfied because they had flexible working opportunities,
such as working from home and scheduling their own online lessons. ” The
managers trusted their employees to be professional and work their contractual
hours each week." This shows the positive culture in MF Gym Plc as trustworthy in
the workplace, which makes the working environment effective and efficient, but the
managers thought “the employees did not need a lot of monitoring,” which indicates
that managers were not using functions such as monitoring, delegating, and
controlling employees in MF Gyms plc.
However, the managers organised weekly team meetings to discuss the
performance of the gym. The employees were working on a democratic leadership
style as they were encouraged to make suggestions to make business
improvements such as adding new classes or facilities which made them feel
empowered and have positive working relationships which resulted in a better-quality
circle in MF Gym plc.
However, there was a lack of communication between each hierarchy of MF Gym plc
as the senior manager was not engaged with the employees to do their tasks. There
were a few issues in Multifit Gym Plc which created obstacles for MF Gym plc “to
become one of the most efficient gym operators in the country “which are indicated
below.
1. Missed profits
2. Did not conduct staff appraisals
3. Lack of training (often led to low customer satisfaction rates and a lack of
available skilled staff)
4. Increased staff turnover
5. No system to monitor the success of new activities or to budget for them.
6. No communication between the management and employees.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller AngelaSteven. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.23. You're not tied to anything after your purchase.