Pivot Point Week 28: Business Flashcards
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Pivot Point Week 28: Business Flashcards

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@CorrectSaxhorn

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</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</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</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

    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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    Description

    Test your knowledge on realistic goal setting and planning with these flashcards. This quiz covers key concepts that can help you create effective plans to achieve your goals. Perfect for those looking to enhance their business acumen.

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