Ch 17 Business

Two or more individuals who form a business for profit, & have unlimited personal liability for the business’s debts?

Which document reports movement of money into and out of a business during a period of time?

Which term refers to a statement of why a business exists and its core objectives?

Written or spoken agreement that involves business relationships, intended to be legally binding and enforceable by law?

In-depth account of an one's education, experience, accomplishments, and is organized in reverse chronological order?

What is another term for professional liability insurance?

What is the primary method massage therapists use to promote themselves?

Which term means the responsible and ethical use of technology?

Describe a company’s or individual’s organization, services and products, marketing strategy, and financial projections?

Protects the public by enforcing standards restricting practice to qualified those who have met specific qualifications?

Business receipts, past income tax returns, and documents related to tax returns should be kept for a min. of how long?

Which statement describes most massage therapists according to the American Massage Therapy Association?

What term is a presentation of a business entity’s assets, liabilities, and equities of its owners on a specific date?

Activities used to create, communicate, deliver, and exchange offerings that have value for customers and clients?

Which term means an attempt to influence buying behaviors by persuasive selling messages?

Aspect of business involves adding up all costs and profits then dividing this amount by the number of billable hours?

Contracted and provides own tools and equipment, and sets the fee for services?

When a company provides the setting, equipment, and schedule, the therapist is a what?

In which part of the business plan is the company’s legal structure discussed?

Which type of marketing is considered word-of-mouth?

In which part of the business plan is the mission statement?

Which term means economic resources that are expected to be of benefit in the future?

Which type of insurance provides income when an individual is unable to work because of illness or injury?

Which type of interview involves being questioned by different individuals within a company?

What is the minimum number of hours per week an employee needs to work to be considered full-time?

Which type of tax is levied on small business owners who derive income directly from consumers?

Experienced individual within a facility who is paired with a newly hired individual during his/her orientation period?

Which term means the exchange of goods or services without using money?

Voluntary and involves specialists in a particular field examining and endorsing the qualifications of a professional?

In which part of the business plan are credit histories, resumes, and copies of licenses and certifications?

What type of conflict management involves listening in a respectful manner, being specific, and asking for the solution?

Business with a board of directors or its shareholders?

Which term means a business’s net worth?

Which reason is the major cause of business failures in general?

Which type of business is that of a single owner?

Dividing geographic areas into regions so a city can restrict the number and types of buildings within the region.

Insurance protects service-providing professionals from the full cost of defending against a negligence claim?

Which term refers to a small amount of money that a business keeps on hand to pay for minor business expenses?

Which term means the recording and reporting of financial transactions?

Which term means a small gift, such as money, given to a person who provided a service?