CDA Business & Marketing Practices Flashcards
6 cards from real CDA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 CDA Business & Marketing Practices flashcards as text
What is the benefit of networking with interior designers for a decorative artist?
Answer: It can generate referrals and collaborative project opportunities
Building relationships with interior designers creates a referral pipeline and opens collaborative opportunities, expanding the artist's client base.
What is a 'scope creep' risk in a decorative art project?
Answer: Clients requesting additional work beyond the original contract without additional compensation
Scope creep occurs when additional tasks are added beyond the original agreement without adjusting the timeline or price, undermining profitability.
Why should a decorative artist maintain professional general liability insurance?
Answer: It protects against claims of property damage or bodily injury occurring during a project
General liability insurance protects the artist financially if accidental property damage or injury occurs at a client's site during a project.
How does a decorative artist typically calculate an hourly rate for labor?
Answer: By dividing desired annual income by billable hours and adding overhead and profit
A proper hourly rate calculation factors in target income, expected billable hours, overhead costs, and desired profit margin.
What is the primary purpose of a business plan for a decorative art studio?
Answer: To outline goals, strategies, and financial projections to guide business growth
A business plan provides a strategic roadmap, helping the artist set goals, attract funding if needed, and make informed business decisions.
Which approach best describes upselling in decorative art services?
Answer: Offering premium add-ons or upgraded finishes that enhance the client's original project
Upselling involves professionally offering higher-value services or enhancements that genuinely improve the client's outcome while increasing revenue.