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Duplicate of massage business CH17 Flashcards | StudBud
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Duplicate of massage business CH17
Duplicate of massage business CH17
50 terms
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Ch 17Test study guide Massage
Flashcards
50 cards
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Practice quiz
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Questions
50
Answers
1
What is gratuity?
A written summary
Nonmonetary exchange of goods or services
small gift Discretionary payment given to the therapist
A fact of business life
2
What is a business' net worth ?
Liabilities
Equity
Petty cash
Assets
3
What is digital citizenship?
Websites where member interact
Responsbile and ethical use of technology
Discussion or informational website
Places on the internet
4
What is the definition of barter?
A written summary
Nonmonetary exchange of goods or services
Discretionary payment given to the therapist
A fact of business life
5
What is small amount of cash a business keeps on hand to pay for minor business expenses?
Taxes
Assets
Petty cash
Accounting
6
Name examples of assets?
Pets, Clothing
Propert & ,equipment
Money or goods
Car, Dependents
7
What is a statement that shows income and expense and indicates whether a business made money or not?
Profit and Loss statement
Balance sheet
Cash flow statement
Business plan
8
How long should tax records be kept?
6 months
Not Long
3 years
1 year
9
What expenses can be a tax deduction?
Anything that you have a reciept for
House note
Contining Education (CE) & Professional development
Car note
10
What does an employer look for on a resume?
Professional Reference
Education Level
Related Jobs
Leadership Skill
11
What are taxes levied on small business owner who derive income directly from consumers as opposed to others ?
Tax deductions
Income Tax
Self Employment Taxes
Assets
12
Where in a business plan should a mission statement be In place?
Services or products
Last Section
Company Description
Executive Summary
13
What is a presentation of a business entity's assets,liabilities,&equities of its owners on a specific date?
Business Plan
Spreadsheet
Balance Sheet
Professional Profile
14
What is dividing of geographic areas into zones city can restrict the number&types&use of building within the zone ?
Taxes
Website
Zoning
Blog
15
Describe empathic listening?
Listening in a respectful manner, being specific,&asking for the solution.
Paying close attention to the words used when talking
Resolving conflicts with kind words
Imaging yourself in that person's shoes
16
What insurance provides the beneficiary income in event a disability created a barrier that prevents someone from work
Disability Insurance
Professional Insurance
Commercial General Insurance
Health Insurance
17
In a business plan, what is included in the organization and management section?
Conditions&outlokk and its target market
Product Prices
Company's Background
Company's legal structure& who will run it,
18
What are the different types of employment interviews?
Electronic and in person
Email Interview
Group interview
Phone,Screening,Sequential
19
What insurance protects professionals from bearing the full cost of defending against claims for damages resulting .
Professional Liability
Disability Insurance
Health Insurance
Commercial general Insurance
20
What type of employment would a massage therapist be working at a place that supples everything for the therapist?
Employee
Self-employed
Commissioned Employee
Independent Contractor
21
How many hours a week does a massage therapist need to work to be considered full time?
38 hours
34 hours
25 hours
40hours
22
What is a Person who provide goods or services to another under terms specified in a contract called?
Contract employee
independent contractor
Regular employee
Commissioned employee
23
What type of marketing is a website?
Word of Mouth
Zoom
Digital or online presence
In-person
24
What insurance protects businesses from bearing the full cost of defending against claims for damages resulting .....
Health Insurance
Commercial General Liability Insurance
Disability Insurance
Professional Liability Insurance
25
How many words should be in a short professional profile?
250words
100words
500words
50words
26
What type of method is the primary promotion for massage therapists?
Client Referral 85%
Social Media
Community & local Events
Websites
27
What reports the movement of cash into and out of a business during a period of time?
Accounting
Balance sheet
Business plan
Cash flow statement
28
What is an idea or suggestions put forward for consideration & discussion?
Accounting
Preceptor
Contract
Proposal
29
What is the examining&endorsing of the qualifications of a professional by a board in a particular field?
Continuing education
Mentor
Proposals
Board certification
30
what is An in-depth overview of education experiences & accomplishments& also organized in chronologic order ?
Curriculum vitae
Resume
Qualifications summary
Professional profile
31
What is a single statement of why a business exists& its core objectives?
Mission statement
Professional profile
Vision statement
Blog
32
What is the recording&reporting of financial transactions?
Business plan
Assets
petty cash
Accounting
33
legal entities granted a charter by the state in which they operate&who have their own privileges&liabilities ....
General partnership
Sole proprietorship
Corporation
Limited liability companies
34
What is a written Or spoken agreement that usually involve business relationships& are intended to be legally binding?
Accounting
Proposal
Contract
Preceptor
35
To influence buying behaviors by persuasive selling messages is the purpose of?
Blog
Marketing
Websites
Advertising
36
What is calculated by adding up all costs(labor,salary,&overhead)&profits then divide by the number of billable hours?
Yearly income
Hourly Rate
Work Hours
Service Prices
37
Which business is owned by a single owner?
General partnership
Corporation
Limited liability companies
Sole proprietorship
38
What else is professional liability insurance known as?
Malpractice insurance
Disability Insurance
Commercial General Insurance
Insurance
39
What is a document that describes a business' organization, services&products,marketing strategy,management style.......
Profit and loss statement
Balance sheet
Business plan
Contract
40
What form of business do most massage therapists have?
Casual Employee
Spa
Sole Practitioners & Independent Contractor
Commissioned Employee
41
What are some types of word of mouth marketing?
Value-added
Social Media
BLog
A client giving a gift certificate or Gift Cards to a friend
42
Why design a strong business card?
Most Potent
To get more Clients
often ignored
Make a Strong Impression
43
What is included in a resume?
Individual's education, goals, and values
Individual's education, expriences, and strength and weakness
Brief summary of Individual's education, expriences, and Accomplishments
Individual's education, goals, and expriences
44
What is activities used to create,communicate,deliver&exchange offerings that have value for customers at large?
Tips
Marketing
Bartering
Advertising
45
What is included in the marketing and sale part of a business plan?
Conditions&outlokk and its target market
Company's Background and future goals
Company's legal structure& who will run it, professional profile
Credit histories, resumes,& copies of licenses & certifications policies
46
What is an experienced individual within the facility who is paired with a newly hired indivisual during orientation?
Contracts
business coach
Proposal
Preceptor
47
What are economic resources expected to be of benefit in the future?
Accounting
Taxes
Assets
Petty cash
48
What is the main cause of business failures, generally?
Emotional pricing
Incompetence
Failure to Follow Through
Living too high
49
What license is important To protect the public by enforcing standards that restrict practice to qualified individuals?
Professional License
Provisional License
Identification License
Establishment License
50
What is an agreement between 2 or more individuals who join together to carry on a business venture for profit called?
Corporation
General partnership
Sole proprietorship
Limited liability companies