General comp 1 Flashcards

1
Q

HST rate is?

A

13%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

In Canada before a health care profession can be exempt from HST it must be regulated in….provinces?

A

5

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

One of the main motivators to start your business “survival reaction”?

A

Unemployed & no other option

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Once registered to access EI benefits you need to wait ….months?

A

12

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Only about …of new businesses make it through the first year?

A

50%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Shortcut to estimate actual cost /hour of employee is multiply by ?

A

1.2

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

The employers portion of the EI is calculated at?

A

1.4 x employer’s premiums

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

as an employee you must submit/pay employee payroll deduction the CRA by?

A

15th of following month

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Shortcut to calculate cost of space?

A

Multiply $/square foot x 2

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Executive summary is?

A

presented first/written last

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

sourcing info from industry publications is?

A

secondary research

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Item is $10. How much after HST?

A

11.30

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Marketing “to satisfy needs of customer, better than competition while”?

A

Making a profit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Strategy of appealing to consumer with ONE offering is?

A

mass marketing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

four points of pricing?

A

Cost-plus,
break-even,
perceived value
competitive pricing/going rate

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

External & Internal analyses…

A

internal deals with strengths and weaknesses of the company while the external analysis is opportunities and threats within the industrty

17
Q

Mediation?

A

resolving disputes with the aid of a neutral 3rd party

18
Q

Therapists practice respect for client by?

A

Treating clients equally and fairly

19
Q

A professional relationship between client and therapist exists for the purpose of?

A

Serving society’s need

20
Q

An example of a physical boundary is?

A

proper draping