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PMU State board Exam > Business Of PMU > Flashcards

Business Of PMU Flashcards

1
Q

Permanent makeup is…

-Art
-Business
-Science
-All of the Above

A

All of the Above

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2
Q

True or False:

There are CLEAR and UNIFORM regulations governing the practice of PMU across the entire U.S.

A

False

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3
Q

What best demonstrates that a permanent make up artist has passed minimum practicing requirements and provides a level of credibility?

  • Diploma
  • Better Business Bureau
  • Certification
  • Training
A

Certification

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4
Q

True or False:

Permanent make up technology, information, and treatments can constantly evolve; meaning they are NOT fixed

A

True

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5
Q

Which two organizations have made the greatest contribution to the field of permanent make up?

  • AMA & ADA
  • AMA & SPCA
  • AHA & AAM
  • AAM & SPCP
A

AAM & SPCP

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6
Q

What is NOT a recommended product for the permanent make up technician?

  • anti-inflammatory
  • Botox
  • eye cream
  • Lip conditioner
A

Botox

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7
Q

What is not considered a component of branding?

  • Services
  • Product
  • Prices
  • Brochures
A

Prices

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8
Q

What should a permanent make up environment take into consideration? Pick the best answer.

  • Location
  • Hours of operation
  • Appearance
  • Cleanliness
A

Location

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9
Q

What is LEAST important when choosing a vendor who provides rep pigments?

  • provides pigments at the lowest cost and free shipping
  • provides pigments that are traceable according to the batch from which they were derived
  • provides pigments that are safe
  • provides pigments that are consistent
A

Provides at lowest cost and free shipping

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10
Q

Collecting information on your competitors pricing, menu offerings, and compensation can help improve your business’s ___________?

  • Cash management
  • Return on investment
  • negotiation
  • Competitiveness
A

Competitiveness

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11
Q

True or false:

Manufactures and distributors of machines and devices that you use for applications will ALWAYS provide the same after support

A

False

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12
Q

True or False:

Permanent make up licensure varies from state to state

A

True

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13
Q

Where are some of the places to acquire permanent make up training or continuing education?

  • Licensed school
  • trade conferences
  • trade shows
  • all of the above
A

All of the above

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14
Q

Who creates and sustain a coat of ethics for permanent cosmetic professionals?

  • American medical Association
  • business owner
  • DPOR
  • AAM & SPCP
A

AAM & SPCP

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15
Q

New permanent make up technology requires the technician to:

  • attend training and conferences
  • Have a savvy business mind
  • Understand industry trends
  • all of the above
A

All of the above

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16
Q

New permanent make up technology will:

  • Give technicians new tools
  • Improve the results for the clients
  • Provide effective marketing tactics
  • all of the above
A

All of the above

17
Q

True or False:

your business competition is everywhere, even outside your business sector

A

True

18
Q

What should you learn about your business competitors?

  • their pricing
  • they’re demographic targets
  • their treatments
  • their promotions
  • their pricing and their treatments
    -all of the above
A

All of the above

19
Q

What should you consider when you price your permanent make up services and products?

  • Drastically cut prices in an effort to attract customers
  • Negotiate with your clients for highest pricing
  • implement a standard pricing policy
  • None of the above
A

Implement a standard pricing policy

20
Q

What describes a complex document that includes a budget, marketing plan, and a growth plan for a permanent make up business?

  • Standard pricing policy
  • Annual business plan
  • Yearly business objectives
  • None of the above
A

Annual business plan

21
Q

What high-level tasks are involved when you conduct cash management?

  • Accurate and regular monitoring and daily tracking of operations and business risks
  • Understand your business’s financial statements
  • Establish indicators and goals weekly to evaluate your performance
  • all of the above
A

All of the above

22
Q

What lower-level tasks are involved when you conduct cash management?

  • Determine how much cash was collected
  • Determine what major expenses will be incurred in the next 4 weeks
  • Determine how much cash is on hand
  • all of the above
A

All of the above

PMU State board Exam (8 decks)

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