Business Basics Exam

All of the listed guidelines could be used to set services prices EXCEPT:

When 2 people work cooperatively together to achieve a total effect rather than being achieved individually is called?

Which one of the following items is/are usually the largest expense in operating a salon/spa?

Products purchased by the spa owner for use during services&retail are known as stock in quantity or:

Considering a clients lifestyle,medical issues&subjective concerns means considering skin therapy from an approach is:

What ancient culture was believed to be the first to develop extensive beauty products?

Which generation is born entirely in the internet era?

Gen X prefers

Noise levels and lighting can be considered unnecessary pollution

Features of a product are all about:

Compensation structure that’s based on a % of the $ income the esthetician generates from client services is referred as

The determination on wether a specific product should be continued as a retail item is based on the number of:

Net worth is calculated by subtracting liabilities from:

It’s okay to exaggerate a products ability to perform specific benefits

Gowns,towels,linens,&furniture fabrics are examples of a spa ambiance component known as:

Which of the following terms refers to all money owed?

The type of business ownership in which 2 or more persons share all costs of opening,operating,&maintaining the business

What kind of insurance is required by federal law for all qualified employers?

Which of the following actions is recommended for pricing retail products ?

A sole proprietorship is a business owned by:

Which of the following items must be reported as employee income?

All the property you own is called a list of:

What skill is it when staff take individual initiatives to stay on top of things&pay attention to detail ?

What type of rent is it when the spa owner pays a set $ amount per month plus percentage of the total monthly income?

A financial advisor who can tell you what a bank is to lend you,based on net worth,is referred to as a(n):

Baby Boomers:

When organizing stock for retail display, group products by brand or:

An important aspect to remember when managing the financial operations of a spa is to:

Which of the following business types is owned by the shareholders & formed under legal guidelines?

To be granted future loans, it’s important to pay loans on time and avoid:

The exchange of services,products or expertise for money is known as:

Who must apply for a state sales tax permit before collecting taxes on products or service sold?

It takes cooperation,consistency, and shared accountability to create staff energy

Benefits of a product are all about:

Managing incoming&outgoing calls,informing estheticians when client arrives,supervising reception are are duties of:

Which buyer type wants to know all of the facts about the product and thinks carefully about buying?

The esthetician name,clients name,scheduled service,date of appt,appt time,client phone # should be included in the:

Which of the following concepts creates a harmonious & predictable environment?

“Out of all the products I showed today this is one I would not leave without” you might use this statement when:

What’s considered the best form of advertising

The emotional buyer type bases their purchases on:

Having an esthetician visit you at the office or home became the ultimate high-status treat in the:

What type of compensation is Lou receiving is she earns an additional payment based on the number of clients she sees?

All payments received from clients for services and home care products purchased is known as:

Before a spa owner can hire employees,they need to apply for a :

A form of operation in which an initial purchase fee plus a monthly service charge is paid to the parent corporation is:

Which type of buyer puts up a struggle and has a strong desire to debate with you?

Multi-tasking such as searching the web&checking emails is okay while client is masking or under steam

Treating your client like an important, valued individual is known as:

How is a task that can be completed within the month racked when using the ABC prioritizing technique?