Pivot Point ch 6
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | cover letter
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| When a client recommends a salon professional to his or her friends, increasing the client base, this type of recommendation is known as a(n) _____________. | show 🗑
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| show | assets
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| An operating agreement in which a business functions under a parent corporation in exchange for promotion, advertising and management is a(n) _____________. | show 🗑
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| The four types of business ownership are sole proprietorship, partnership, ______________ and ________________. | show 🗑
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| show | fixed
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| show | property
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| A salon owner must apply for a state sales tax _____________ before collecting tax on products or services sold. | show 🗑
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| show | operating expense
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| Income minus expenses equal ___________. | show 🗑
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| show | commission
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| A customer that did not call ahead to make an appointment, but comes into the salon seeking a service, is called a(n) ___________-____________ client. | show 🗑
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| The type of buyer that wants to save money at all costs and is more interested in the price of a product is the ______________ buyer. | show 🗑
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| The term given for selling products for client home care is: | show 🗑
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| show | appointment book
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| show | receptionist
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| What amount of commission will a salon owner usually pay an employee for the retail sales of home care products? | show 🗑
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| Which of the following is vital in order to allow close management of products purchased for retailing in the salon? | show 🗑
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| Which form of advertising involves sending postcards or flyers to potential customers? | show 🗑
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| show | word of mouth
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| A designer earning additional payment over and above the normal paycheck would be receiving what type of compensation? | show 🗑
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| What percentage of the total salon expenses generally represents compensation for the salon owner and employees? | show 🗑
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| show | IRS
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| show | 5 to 7 years
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| Renting or leasing a workstation from a building owner would represent which of the following situations: | show 🗑
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| show | income
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| The tax based on the profits (earnings) of a business is known as: | show 🗑
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| The salon owner is responsible for collecting and paying sales tax how often? | show 🗑
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| show | tips received by an employee
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| U.S. Social Security and Canadian Pension taxes are planned savings/retirement funds, and the money is collected by the: | show 🗑
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| show | malpractice
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| show | default
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| show | the least steps for the client and designers to travel
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| Compliance with all local, state/province and federal rules, regulations and laws is the responsibility of the: | show 🗑
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| Location is the most important factor in: | show 🗑
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| show | corporation
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| show | partnership
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| show | sole proprietorship
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| Net worth is calculated by subtracting liabilities from which of the following? | show 🗑
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| show | liabilities
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| Which of the following ways can a salon professional use to develop a successful relationship with the client? | show 🗑
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| show | prebooking the client
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| show | give out business cards
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| Which method is considered to be the most effective way of building your clientele? | show 🗑
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| show | benefits
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| The least important factor in deciding whether to accept a position is: | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
annalder
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