Evolve Health Club
Virgin Active is a market leader in the fitness industry - Edexcel - GCSE Business - Question 4 - 2017 - Paper 1
Question 4
Evolve Health Club
Virgin Active is a market leader in the fitness industry. Most of its gyms are located on the outskirts of towns.
Evolve Health Club is a compet... show full transcript
Worked Solution & Example Answer:Evolve Health Club
Virgin Active is a market leader in the fitness industry - Edexcel - GCSE Business - Question 4 - 2017 - Paper 1
Step 1
What is meant by the term demand?
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Answer
Demand refers to the amount of a good or service that a consumer is willing and able to purchase at a given price. Therefore, the correct answer is A: 'The quantity of a good or service a consumer is willing and able to buy'.
Step 2
Outline one method Evolve Health Club could use to be more socially responsible.
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Answer
Evolve Health Club could implement eco-friendly practices within its operations, such as using energy-efficient equipment and promoting recycling programs. This would not only reduce their environmental impact but also appeal to environmentally conscious consumers, enhancing their brand image.
