Exam 2 Flashcards

1
Q

2 things needed to experience compassion fatigue

A

Ability of empathy and a caregiving relationship

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2
Q

Secondary traumatic stress is stress felt when experiencing an event _

A

secondhand (usually by listening)

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3
Q

If secondary traumatic stress is unresolved, will lead to

A

compassion fatigue

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4
Q

Common causes of compassion fatigue

A

-Difficult clients
-Not enough time
-Discussing fees
-Problems with coworkers
-Lack of clarity about responsibility
-Lack of work-like balance

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5
Q

What is described?
-Symptoms manifest similar to CF
-Occurs over long period of time
-Takes longer to resolve than CF
-Can happen to non-caregivers

A

Burnout

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6
Q

Managing fatigue and burnout

A

Awareness, Emotional intelligence, Balance, Setting boundaries

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7
Q

Transferable skills

A

skills that have been gathered through various jobs, hobbies, sports, or other experiences

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8
Q

Personal skills

A

Positive attitude, adjust to team environments, strong work ethic

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9
Q

steps of organizational development

A

-Define problem
-Design solution
-Implement solution
-Evaluation

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10
Q

Information must be learned and _ immediately in adults, or the retention rate is lower

A

implemented

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11
Q

Which learning method increased retention in adults? Push or pull

A

pull- students pull info to themselves through research

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12
Q

What is succession planning

A

identifying and fostering growth of high performing team members and preparing them to fill critical positions in the future

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13
Q

What is talent management

A

building the team to deliver the strategic goal that has been put in place through training and development

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14
Q

Types of marketing

A

Direct, indirect, internal, external

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15
Q

4 P’s of marketing

A

Product, Place, Price, Promotion

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16
Q

_ marketing does not deliver immediate results

A

external

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17
Q

Marketing that should occur without thought

A

-Client education
-Clean facilities
-Genuine service
-Professionalism
-Compassion

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19
Q

What do bookkeepers do

A

maintain accounts payable, payroll, and accounts receivable

20
Q

Who is the first choice when choosing a professional accountant, they must pass extensive exams and attend yearly CE, are held to highest professional standards

A

Certified Public Accountant (CPA)

21
Q

Accrual-based method of financial management

A

-income and expenses are recorded when they occur
-includes accounts receivable and accounts payable

22
Q

Cash-based method of financial management

A

-Income measured when cash is received and expenses are measured when cash is spent
-does not include accounts receivable

23
Q

What is a balance sheet

A

a financial report detailing practice assets, liabilities, and owners equity

24
Q

What is a cash flow statement

A

report on the sources and uses of cash during a given period of time

25
Profit and loss statement aka income statement is
summary of income, expenses, and profits
26
Budget is
an estimate of revenues and expenses over a given period
27
Intangible property is
nonphysical property that has values: franchises, copyrights, client lists, goodwill, noncompete agreements are examples of intangible property
28
What is tangible property
physical property that has value such as desks, chairs, equipments, computers, software, and vehicles
29
Average client transaction (ACT)
average of every transaction DVM is credited for
30
Average doctor transaction (ADT)
patient visits and diagnostics only
31
External benchmarking is the ability to
compare one practice to another locally, statewide, and nationally
32
Internal benchmarking is
analyzing benchmarks with practice history
33
Benchmark numbers are available from
AAHA, VHMA, AVMA
34
Formula for analyzing profits
Revenue - expenses= profit
35
Accounts receivable should not exceed _% of gross revenue
1%
36
As accounts receivable (AR) increases, _ decreases
profit
37
An insurance premium is
amount an owner pays monthly or annually to obtain insurance for his or her pet
38
Insurance deductible is
amount owner must pay before insurance company will offer compensation
39
Co-pay is
percentage that O is responsible for once the deductible has been met
40
3 parts of a message
verbal, paraverbal, nonverbal
41
Reminders are for
vaccines, exams, testing
42
Recalls are for
sx, vaccines, illness or injury
43
Goal of client retention
70-75% over 3-year period
44
5 stages of grief
denial, anger, bargaining, depression, accepting