Test #1 Flashcards
How many sessions on average do personal trainers do?
30.5
Name an example of Microlearning.
Walmart
wanted to create a safer working environment for their distribution center, began posting daily questions about safety, they changed employee behaviour on the job and decreased safety incidents in distribution centers by 54%
What are the pros of going into business for yourself?
Batman Vs Superman
- Own Boss
- Create value for yourself
- more freedom
Definition: Liability
a state of being responsible for something by law
How much percentage do personal trainers usually get per session?
40-60%
What are the 5 steps of the Risk Management Process?
- methodically identifying the risks surrounding your business activities
- Assessing the likelihood of an event occuring
- understanding how to respond to these events
- putting systems in place to deal with the consequences
- monitoring the effectiveness of your risk management approaches and controls
What are the 7 types of insurance?
- Professional
- General
- Building & Property
- Natural Disaster
- Business Interruption
- Workers Compensation
- Surety Bonds
What are the pros of hiring volunteers?
- free labor
- employee recruitment
- teaching
- exposure
True or False: The more you review information, the longer you retain it for.
True
What are the 7 types of risks?
- Strategic - a competitor coming on to the market
- Compliance - introduction of new health and safety legislation
- Financial - non payment by customer or increased interest charge on loan
- Operational - breakdown or theft of equipment
- Environmental - natural disaster
- Employee - sufficient staff numbers and cover, up to date skills
- Health and Safety - Falling, injury
What are 7 tips for introducing yourself to employers?
RRAD CB
- Research the company & interviewers
- Dress appropriately
- Avoid Distractions and keep eye contact
- Be confident and comfortable
- Be aware of body language
- Rehearse your introduction with a friend
What are some downsides to delegating?
- Things might not be done right or the way you wanted.
- Can slow things down
- You have given up control but are still responsible for the outcome
- Your own time and efforts might not be recognized
- Left out of the fun - you might have enjoyed it more than the other things you have to do
Job descriptions should be what 3 things?
clear, enticing & empowering
What is the cost of delegating?
- Time spent training
- Time spent editing, fixing or redoing
Why do people volunteer?
- Experience
- Line on a resume
- Explore Interests
- Requirements
Traits of a Leader? Manager?
- Focus on goals/Focus on tasks
- Sell it/Tell it
- Take risks/Minimize Risks
- Encourage/Instruct
- Go against the grain/Go with the flow
- Motivate/Approve
- Break the rules/Follow the rules
- Inspire Trust/Expect control
- Foster Ideas/assign tasks
What traits do leaders and managers share?
- accomplish a goal
- mobilize resources
- explain vision
Definition: Sole Proprietorship
One individual or a married couple in business alone – most common form of business structure
Definition: Limited Partnerships
one or more general and one or more limited partners. general partners share fully in profits & losses whereas limited partners share in profits but losses are limited to the extent of their investments.
Definition: Outsourcing
Handing over control of public services to private enterprises
What are the cons of going into business for yourself?
CLERIS
- paying back loans
- expenses
- more than 1 role to play
- investment
- not guaranteed a place to work/space
- takes time to build clientelle
What are the 3 client expectations?
- provide promised services
- complete your work
- deliver accurate, mistake free work
What is “Memorable” when it comes to training employees?
- gaming related training can draw employees in and keep them interested
- provides a practice playground for real world situations, interactive, amplifies learning
What is involved in “Identifying your Business Impact”? What is this a part of?
- developing and designing your training to meet your company’s unique overall goals
- keeps business goals in focus and ensures training will make a measurable impact
High Impact Employee Training
Long or Short ad: Charge per word
short
How to Evaluate Risks?
- rank risks once identified by considering the consequence and probability of each risk (high, medium, low)
- compare risks to your business plan to determine which risks may affect your objectives (legal requirements, cost, etc)
In what Self Reflective and Professional ways can you overcome your barriers to delegation?
Self-Reflection
- critical
- objective
- constructive
Professional
- Training workshops
- online
- face to face
What are the 8 things involved in starting a business?
Betty Loves Serpent People’s Mysterious Black Hair Gel
- Business Structure
- Liability Insurance
- Services
- Pricing and how you will receive payment
- Marketing & Selling Services
- Business forms (waivers, medical history, etc)
- Hire other professionals
- Grow your business
What is involved in “Layer Training”? What is this a part of?
- targets employee, customer and business needs while training the right peopl in the right way
High Impact Employee Training
Definition: General Partnership
two or more persons who agree to contribute money, labour, or a skill to a business