stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Nampa Barber 103 Business Flashcards | StudBud
Explore
/
Nampa Barber 103 Business
Nampa Barber 103 Business
30 terms
·
StudBud Administration
·
187 plays
Imported from external platform
Flashcards
30 cards
F
Practice quiz
P
Host live
L
Questions
30
Answers
1
The determination on whether a specific product should be continued as a retail item is based on the number of:
retail recommendations
turnovers
leftovers
product samples
2
An important aspect to remember when managing the financial operations of a barbershop is to:
create a budget
dismiss advice from an accountant
avoid generating business through promotion
ignore economic conditions
3
Earning additional payment based on the number of clients a barber brings to the barbershop is what type of compensation
pension
salary plus commission
insurance
salary
4
All of the following items are important factors to research in the process of barbershop planning EXCEPT:
market need
inaccessible parking
location
cost of necessary improvements
5
Which of the following business types is owned by the shareholders and formed under legal guidelines?
partnership
sole proprietorship
franchise
corporation
6
All of the following items are important factors to research in the process of barbershop planning EXCEPT:
cost of necessary improvements
inaccessible parking
location
market need
7
What is meant by the term consistency?
things happen in a haphazard way
things happen in a pessimistic, doubtful way
things happen in a uniform way
things happen in a sloppy, messy way
8
The following descriptions are all benefits of a product EXCEPT:
economical purchase
saves time
aromatic ingredients
reconditioning effect
9
What do the white spirals of the barber pole represent?
cleanliness
bandages
air
purity
10
Which of the following items must be reported as employee income?
change given to a client following payment
operating expenses paid by the shop
money paid to vendors for products
tips received by an employee
11
Of the items listed below, which one is NOT considered a benefit?
salary
sick days
paid vacation
paid holidays
12
The determination on whether a specific product should be continued as a retail item is based on the number of:
turnovers
leftovers
product samples
retail recommendations
13
All payments received from clients for services and home care products purchased is known as:
compensation
expenses
income
taxes
14
Which type of insurance protects the barbershop owner from financial loss due to an employee’s negligence?
product liability
Social Security
malpractice
premise
15
Dependability as a work principle can be described as:
showing up on time and ready to work
showing that you love what you do
not waiting to told what to do
getting along co-workers
16
What is considered the best form of advertising?
billboards
pamphlets
television
word of mouth
17
The ideal barbershop arrangement has an efficient traffic pattern providing:
80 square feet per barber
a remote reception area
the most steps for the client and barber to travel
the least steps for the client and barber to travel
18
Which of the following terms refers to all money owed?
assets
net worth
liabilities
financial status
19
It is wise to keep all records of daily sales and services for:
5-7 years
6-14 years
2-4 years
10 years
20
Pareto's principle is called the:
50/50 rule
90/10 rule
60/40 rule
80/20 rule
21
If you are going to be absent or have vacation time, you would take all of the following steps EXCEPT:
reschedule client with another designer
notify your client
avoid telling the client
prebook your client
22
The following descriptions are all benefits of a product EXCEPT:
saves time
aromatic ingredients
reconditioning effect
economical purchase
23
Which of these descriptions is NOT a guideline to be used when creating a resumé?
list awards and special recognition
show prior employment information
write the resumé in a brief and concise manner
provide at least eight pages of information
24
What do the white spirals of the barber pole represent?
cleanliness
air
bandages
purity
25
The tax based on the profits (earnings) of a business is known as:
operating tax
payroll tax
income tax
sales tax
26
Net worth is calculated by subtracting liabilities from:
student loans
assets
charge accounts
loan balances
27
Which one of the following items is usually the largest expense in operating a barbershop?
rent
supplies
salaries or commissions
advertising
28
The renting of a space, suite or booth by an individual barber professional on a monthly basis is referred to as a(n):
independent contractor
full-service barbershop
chain barbershop
independent barbershop
29
The type of business in which two or more persons share all costs of opening, operating and maintaining the business is
sole proprietorship
corporation
franchise
partnership
30
The ideal barbershop arrangement has an efficient traffic pattern providing:
the least steps for the client and barber to travel
80 square feet per barber
a remote reception area
the most steps for the client and barber to travel