Shared Flashcard Set

Details

business/massage
building a successful career
36
Business
Undergraduate 1
12/05/2012

Additional Business Flashcards

 


 

Cards

Term
Shelby vents on her blog about her boss and coworkers, what are the consequences?
Definition
-her boss could see it and she could be fired
-her coworkers could see it and she could be sued for libel
-future employers could see it and not hire her
Term
an example of URL would be?
Definition
http://stinky shoes.com
Term
Max wants to get the latest information from his favorite on line news source, but he doesn't want to have to keep checking for a solution for max might be
Definition
subscribing to an RSS feed
Term
____is the rate at which a company obtains and loses worker's. It can be very costly and have and adverse impact on company culture
Definition
turnover
Term
A manager who tries to operate as a parental figure fracturing the needs and happiness of the workers into management decisions,is likely operating from a ______ style
Definition
paternalistic
Term
A ____ is an environment in which everyone is invested in teaching learning and enhancing their exceptional abilities.
Definition
learning culture
Term
an example of an employee benefit is
Definition
paid sick leave and matched retirement contributions
Term
a major cause of employee frustration and resignation is?
Definition
insufficient training, no on board process, unclear expectations
Term
false
Definition
a manager and a leader are the same thing
Term
false
Definition
Nearly all cities will allow interns to provide massage therapy to clients
Term
_is the process of helping an new comer adjust and assimilate into the culture and operations of the business
Definition
on boarding
Term
true
Definition
it is possible to borrow too much money when starting a new business
Term
false
Definition
If you don't perform exactly as your financial forecasts indicate, you will have to give your money back to the bank
Term
false
Definition
once you get beyond the initial setup fro your business, you don't really have to worry about spending much to keep it going.
Term
false
Definition
bartering is a great way to build your business under the table and off the radar
Term
true
Definition
while it is possible to use credit cards to build your business, the typically high interest rates can zap your business's financial health if you do not repay the balance quickly
Term
false
Definition
most entrepreneurial massage therapists receive funding through venture capitalists
Term
your bank wants you to show collateral for a loan an example of what you could use is?
Definition
your house
Term
_____is the unpaid physical and mental labor of the owner of a business that increases the business's worth. it is your unique contribution and commitment to the business that makes it valuable
Definition
sweat equity
Term
breaking even refers to?
Definition
revenue expenses are equal , no profit/no loss
Term
if you are in a business partnership with Kate, and Kate skips town to move to Kauai, you are legally responsible for ______of the business?
Definition
100%
Term
the _____gives an account of a company's cash activities in a period of time.
Definition
statement of cash flow
Term
_____________fluctuate based upon the volume of productivity and out put activities of the business
Definition
variable costs
Term
truealthough marketing is very important to business owners or managers don't have to do everything themselves, many aspects can actually be out sourced to others.
Definition
true
Term
false
Definition
bad economic times spell certain death for holistic business
Term
true
Definition
in public's opinion perception, massage therapy is often considered to be part of discretionary spending
Term
true
Definition
cooperative marketing not only can be done with other complimentary holistic practitioners or across other industries, it can be done with other massage therapists
Term
false
Definition
according to supply and demand theory, whenever the supply of a good or a service increases, the demand and price for it automatically increases.
Term
false
Definition
when identifying a target audience, it is important to be as broad as possible to include as many potential clients as you can.
Term
______is a strategy that replicates word of mouth, advertising, encouraging people to pass along a marketing message to others until it spreads exponentially. This is usually done on line.
Definition
viral marketing
Term
according to Maslow, human beings can not focus on any of their other needs when their ______are it net?
Definition
basic physiological needs
Term
a ____can be defined as a period of time when gross domestic product growth is negative for 2 or more consecutive quarters and can result in a decrease in spending on ____?
Definition
recession, discretionary goods and service
Term
a ____ is a compilation of print material and marketing collateral that high lights key aspects of a company and that is often sent to press or potential clients to market a business
Definition
sales kit and press kit
Term
what are the essential components that a business card could have?
Definition
name and phone number, email and website, company logo, solutions provided to call to action
Term
the psychological theory that evaluates human motivation from the most fundamental to the most advanced needs is called?
Definition
maslow's Hierarchy of needs
Term
successful marketing of any business is the culmination of three critical areas. Marketing____, marketing____, marketing_____, marketing_____.
Definition
skills, systems, tools
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