Chapter 21

Chapter 21

Professional Development

20 Qs

quiz-placeholder

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Chapter 21

Chapter 21

Assessment

Quiz

Fun

Professional Development

Practice Problem

Easy

Created by

Robert Gonzales

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Barber shop owners have no guarantee of

Credit

Profits

Services

Support

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Owning your own barbershop, or renting a booth in an existing shop or salon requires

Family with building codes

A business partnership

Hey, strong line of credit

Community outreach

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a guide to the actions of the organization?

Mission statement

Goals

Vision statement

Business plan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What business time. Will be more appropriate for adding more locations or expanding the scope of the business?

Years 1 to 3

Years 2 to 5

Years 5 to 10

Years 11 to 20

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A __ is a written description of your business as you see it today in as you foresee it in the next five years

Benchmark

Written agreement

Business plan

Brand identity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an ownership structure controlled by one of more stockholders

Franchise

Corporation

Partnership

Sole proprietor

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One reason to go into a partnership arrangement it is to

Have the last seeing a decision making

Have a new name in brand recognition

Have help running your operation

Maintaining corporate status

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