Exam (elaborations)
Unit 6 Multifit Gym plc Activity 2 notes
- Course
- Institution
Unit 6 Multifit Gym plc Activity 2 notes. Principles of business and management
[Show more]
1 review
By: parmjitsingh • 1 year ago
Seller
Follow
AngelaSteven
Reviews received
Content preview
Powerpoint on Multifit Gym Plc Activity 2Slide 1
Multifit Gym plc
From: your name (management consultant)
To: Local gym plc’s manager (Endris Hunt)
In this Report I will be showing my understanding of …………
I would also be recommending the actions to be taken to overcome the
issues………….
Finally, I would be making justifications and conclusions.
Slide 2
Multifit Gym plc business Profile
● MF Gym plc had 300 employees within its gyms.
● Employees liked Laid back management style.
● There was availability of flexible work opportunities.
● The manager was Democratic
● The manager trusted their employees
● There were training opportunities.
Multifit Gym plc was a successful gym brand with 20 gyms which were set up in the
late-1990s. Over the past 5 years it has developed a reputation for outstanding
customer service and innovative online classes. This suggests that the Covid was an
opportunity for Multifit Gym plc to make its brand image through online classes. The
Multifit Gym is a public liability company which was beneficial for Multifit gym plc to
raise additional finance through stock exchange and increased negotiation
opportunities with suppliers in terms of prices because larger businesses such as
(Local Gym plc) can achieve economies of scale. However being a public liability
company is not beneficial for Multifit Gym plc as there are more complex accounting
and reporting requirements. There is a greater risk of a hostile takeover by a rival or
larger company as MF Gym plc cannot control who buys its shares. Shareholders
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 $8.17. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now