Business Chapter 17

Which term means the recording and reporting of financial transactions?

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

Protects the public by enforcing standards that restrict practice to qualified individuals who have met specific qualifc

Which aspect of business involves adding up all costs and profits then dividing this amount by the # of billable hours?

Which type of business is that of a single owner?

Which term means a presentation of a business entity’s assets, liabilities, & equities of its owners on a specific date?

works under terms specified in a written or verbal agreement, provides own tools and equipment, and sets fee for service

Protects businesses from bearing the full cost for damages that arise from personal injury and property damage

What do the majority of employers look for on resumes and curriculum vitae?

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

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

Describes a company’s/individual’s organization, services and products, marketing strategy, and financial projections?

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

Written/spoken agreement that usually involves business relationships, & are intended to be legally binding and enforced

Receipts, past income tax returns, & documents related to tax returns should be kept for a minimum of how many years?

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

Which type of marketing is usually the first opportunity a massage therapist has to make a strong impression?

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

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

works at a place that provides the setting & equipment & determines when the therapist works & for how long

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

Which example is a business asset?

Which expense is a tax deduction?

Protects service-providing professionals from bearing the full cost of defending against a negligence claim by client

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

Dividing geographic areas into regions so a city can restrict the # & types of buildings within the region & how used

Process is voluntary & involves specialists in a particular field examining & endorsing qualifications of a professional

What is another term for professional liability insurance?

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

Document is a brief summary of an individual’s education, experience,& accomplishments related to a particular skill set

An in-depth account of an individual’s education, experience, accomplishments, organized in reverse chronological order

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

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

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

Which term means an idea or suggestion put forward for consideration?

Which term means the responsible and ethical use of technology?

Which document is a statement that shows income and expenses and indicates whether a business made money or not?

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 type of marketing is the center of a business’s digital or online presence?

Granted a charter by the state, has its own privileges & liabilities distinct from those of its board of directors

Short professional profiles are how many words or less?

Which term means a business’s net worth?

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

2+ individuals who join together to carry on a business for profit, & have unlimited personal liability for debts

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

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

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

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