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

