Do Fitness Instructors Need Management Skills

question 41

Multiple Choice

Do fitness instructors need management skills?

• A) Only if they wish to become floor supervisors or program managers.
• B) Yes, because of the natural progression of advancement into management.
• C) Yes, because as instructors, they manage client programs and manage the floor with the clients.
• D) No, because they will be trained in management if they become managers.

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Definitions:

Normal Rate

The standard or average rate at which something occurs, such as interest rates, inflation, or unemployment rates.

Accounting Profit

The net income of a business as calculated by subtracting total expenses from total revenues, according to standard accounting principles.

Economic Profit

The difference between the total revenue generated by a business and the total opportunity costs of all resources used.

Economic Profit

The difference between a firm's total revenue and its total costs, including both explicit and implicit costs, representing excess return over opportunity costs.