Pivot Point Week 28: Business Flashcards

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Questions and Answers

What is a realistic goal?

A realistic goal is one that you believe can be accomplished.

All of the following actions describe how to create a plan to achieve your goals EXCEPT:

  • Set milestones
  • Create a timeline
  • Prepare for contingencies
  • Avoid alternate plans (correct)

What is an example of a timely goal?

I will get a job within the next 60 days.

What question would be asked to determine if a goal is achievable?

<p>Is this something I can commit to?</p> Signup and view all the answers

What do measurable goals help you do?

<p>Track your progress.</p> Signup and view all the answers

What is offering an additional hair coloring service to a client who scheduled a haircut called?

<p>Upselling.</p> Signup and view all the answers

What is Pareto's principle also known as?

<p>80/20 rule.</p> Signup and view all the answers

What defines a specific target or benchmark of achievement that can be attained within a specific timeframe?

<p>Goal.</p> Signup and view all the answers

What time period identifies the consideration for a long-range goal?

<p>5 years.</p> Signup and view all the answers

Which statement represents a specific goal?

<p>I will get an entry-level position in a reputable salon after graduation.</p> Signup and view all the answers

What do you call a collection of your creative work and documents to show potential clients or employers?

<p>Portfolio.</p> Signup and view all the answers

Before an interview begins, what might you be asked to fill out?

<p>Application.</p> Signup and view all the answers

What is very important during a job interview?

<p>Stay calm and be yourself.</p> Signup and view all the answers

What offers an employer a brief summary of your qualities?

<p>Cover letter.</p> Signup and view all the answers

What should you do if asked a question that seems discriminatory?

<p>Politely decline to answer.</p> Signup and view all the answers

Which of these descriptions is NOT a guideline when creating a resume?

<p>Provide at least eight pages of information (D)</p> Signup and view all the answers

All of the following descriptions apply to an independent salon EXCEPT:

<p>Uses a set business plan provided by a parent company (D)</p> Signup and view all the answers

How can dependability as a work principle be described?

<p>Showing up on time and ready to work.</p> Signup and view all the answers

Insurance benefits might include all of the following EXCEPT:

<p>Car insurance (A)</p> Signup and view all the answers

Which item listed is NOT considered a benefit?

<p>Salary.</p> Signup and view all the answers

What are paid holidays, bonuses and insurance examples of?

<p>Job benefits.</p> Signup and view all the answers

How can passion as a work principle be described?

<p>Showing that you love what you do.</p> Signup and view all the answers

What is it called when an individual salon professional rents a space on a monthly basis?

<p>Independent contractor.</p> Signup and view all the answers

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Study Notes

Goal Setting and Planning

  • A realistic goal is one that you believe can be accomplished.
  • Timely goals, such as "I will get a job within the next 60 days," set specific deadlines for achievement.
  • Achievability of a goal can be assessed by asking, "Is this something I can commit to?"
  • Measurable goals enable organization and tracking of progress.
  • Creating a plan for goals excludes avoiding alternate plans.

Job Preparation

  • A portfolio showcases a collection of your creative work and documents for potential clients or employers.
  • An application form may be required before a job interview.
  • Staying calm and being yourself during interviews is crucial for success.
  • A cover letter summarizes the qualities you would bring to a prospective employer.

Interview Conduct

  • While answering potentially discriminatory questions, it's advisable to politely decline to respond.
  • Resumé guidelines recommend brevity and relevance; providing at least eight pages of information is discouraged.

Employment Types and Work Principles

  • An independent salon does not use a set business plan from a parent company.
  • Dependability is shown by arriving on time and being prepared for work.
  • Passion in the workplace is demonstrated through enthusiasm for one's job.

Employee Benefits

  • Common insurance benefits include health-related coverages, but car insurance is not included.
  • Job benefits encompass paid holidays, bonuses, and various forms of insurance.
  • Salary is not categorized as a benefit, but rather as a form of compensation.

Business Concepts

  • Upselling involves offering additional services to clients, such as a hair coloring service to a haircut appointment.
  • Pareto's principle, known as the 80/20 rule, suggests that 80% of outcomes result from 20% of causes.

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