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Unit 1 Buissness Enviroment
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Cards (28)
What is one way Wattis Hotel could respond to unemployment changes?
Charge
more
per
room
How could Wattis Hotel expand its service provision?
Open
another
hotel
location
What is a way to increase room capacity at Wattis Hotel?
Add
more
rooms
What amenities could Wattis Hotel install in rooms to enhance service?
Install
mini-bars
, kettles,
coffee machines
How could Wattis Hotel improve the aesthetic of its rooms?
Redecorate
the rooms
What flooring improvement could Wattis Hotel make?
Buy
new
carpets
What quality item could Wattis Hotel issue to enhance guest experience?
Issue
quality
shampoos
What service could Wattis Hotel offer for convenience?
Offer
room service
What additional service could Wattis Hotel provide for guests' clothing?
Offer
dry-cleaning
What connectivity service could Wattis Hotel provide?
Provide
wifi
What business service could Wattis Hotel offer to guests?
Provide
printing services
What personal service could Wattis Hotel provide for guests?
Provide
hair dressing
services
What transportation service could Wattis Hotel offer?
Provide
minibus
shuttle
to
station
What meal service could Wattis Hotel provide?
Provide
breakfast
What dining option could Wattis Hotel consider?
Open a
restaurant
or buy the next door restaurant
What wellness facility could Wattis Hotel install?
Install a
gym
or
health spa
What partnership could Wattis Hotel pursue for guest benefits?
Do deals with
local pubs
and cafés
How could Wattis Hotel enhance booking services?
Offer
booking
service
via
tourist
board
What online platform could Wattis Hotel use for reservations?
Use
hotel reservation sites
What is a key advantage of limited liability for shareholders in a private limited company?
Only responsible to
extent of investment
How does incorporation benefit a business like First Class Luggage?
It provides a
separate
legal
identity
What happens if a business is sued in a private limited company structure?
The
business
is
sued
, not the
owner
Is there a restriction on the number of owners in a private limited company?
No
restriction
on number of
owners
What is a benefit of business continuity in a private limited company?
Business continues if a
shareholder
dies
Why might a private limited company have a lower tax liability?
Corporation tax
is
historically
lower than income tax
How can shareholders in a private limited company raise funds?
By selling
shares
to family and
friends
Why are banks more willing to lend to a private limited company?
They perceive lower
risk
in
Ltd
structures
What is an advantage of having a wider choice in raising funds for a private limited company?
It allows for more
flexible financing options