Unit 1 Thorpe park
Thorpe Park
Task 1 AO1
Company history
What is Thorpe Park
Thorpe Park is a theme park located in England, surrey which was built in 1979, with an aim of being a water themed park. At first the site was a gravel pit owned by Ready Mixed Concrete Limited who excavated gravel, but then in the 1970’s the company flooded part of the site with the intention of creating water based theme park; the other side of the park would have been used for an educational park with the theme of the history of British people. In 1998 the Tussauds group bought the park and made it into a ‘thrill seekers’ amusement park with rides such as The Flying Fish, Depth Charge and No Way Out. Then in 2008 Tussauds group was bought by Merlin Entertainments group which is the second largest visitor’s attraction operator in the world and the largest visitor’s attraction in Europe for £1 billion which meant they now owned Thorpe Park. Merlin Entertainments own Alton Towers, Chessington World of Adventures, Warwick Castle, Heide Park Resort and Gardaland Resort.
Thorpe Park is an LTD which means it’s a private limited company it has members which are people or businesses which share the company. In Thorpe park the companies Kirkbi, capital partners and Black stone group share the responsibility. These companies are not liable for debts that the business can’t pay, but they are responsible for the money they put in at the beginning. If the business goes bankrupt the owners only loose there investment they made into the business and they are not liable to pay the debt.
Define what is meant by aims and objectives
An aim is a goal that a business wants to achieve in a certain time span. The aim of business could be to increase profit, increase market share or to grow. Aims help the business focus on the key areas of the business and to outline the destination of the business. Aims should be determined by the size of the business, the purpose of the business and owner of the
Task 1 AO1
Company history
What is Thorpe Park
Thorpe Park is a theme park located in England, surrey which was built in 1979, with an aim of being a water themed park. At first the site was a gravel pit owned by Ready Mixed Concrete Limited who excavated gravel, but then in the 1970’s the company flooded part of the site with the intention of creating water based theme park; the other side of the park would have been used for an educational park with the theme of the history of British people. In 1998 the Tussauds group bought the park and made it into a ‘thrill seekers’ amusement park with rides such as The Flying Fish, Depth Charge and No Way Out. Then in 2008 Tussauds group was bought by Merlin Entertainments group which is the second largest visitor’s attraction operator in the world and the largest visitor’s attraction in Europe for £1 billion which meant they now owned Thorpe Park. Merlin Entertainments own Alton Towers, Chessington World of Adventures, Warwick Castle, Heide Park Resort and Gardaland Resort.
Thorpe Park is an LTD which means it’s a private limited company it has members which are people or businesses which share the company. In Thorpe park the companies Kirkbi, capital partners and Black stone group share the responsibility. These companies are not liable for debts that the business can’t pay, but they are responsible for the money they put in at the beginning. If the business goes bankrupt the owners only loose there investment they made into the business and they are not liable to pay the debt.
Define what is meant by aims and objectives
An aim is a goal that a business wants to achieve in a certain time span. The aim of business could be to increase profit, increase market share or to grow. Aims help the business focus on the key areas of the business and to outline the destination of the business. Aims should be determined by the size of the business, the purpose of the business and owner of the