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Unit 2 Flash Cards
Maria's Flash Cards
23
Other
12th Grade
03/08/2007

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Term
Career
Definition
a lifetime profession or occupation that you strongly believe in and that provides an income.
Term
Cost of Living
Definition
the amount of money it takes to purchase typical living expenses in a certain city.
Term
Education
Definition
your level of formal knowledge and training.
Term
Employee Benefits
Definition
additional programs like health insurance and retirement plans offered by employers.
Term
Entrepreneur
Definition
a person who creates a business from a need and puts creativity and ingenuity into action to provide a service or product.
Term
Job
Definition
relatively short-term work that pays the bills for now.
Term
One of the single greatest assests an individual has is earning power.
Definition
TRUE
Term
Your earning potential will be greatly influenced by your education, training, and experience.
Definition
TRUE
Term
On average, a person with a bachelor's degree earns more than a person with a high school diploma.
Definition
TRUE
Term
An entrepreneur does not have to deal with other people.
Definition
FALSE
Term
An employee who makes good use of time, money, and materials demonstrates strong information management skills.
Definition
FALSE
Term
Which is not a primary career factor?
a. education
b. experience
c. who you know
d. personal needs
Definition
c. who you know
Term
Employers look for employees who are well educated and have technical skills. Which other characteristic do employers look for?
a. ability to learn and speak clearly
b. makes good use of time
c. problem solving & creative thinking skills
d. ability t
Definition
e. all of the above
Term
The following are good characteristics of an entrepreneur except:
a. good hand-eye coordination
b. independent
c. risk-taker
d. hard worker
e. all of the above
Definition
a. good hand-eye coordination
Term
Employee benefits usually cost an employer what percentage of your pay?
a. between 1% and 6%
b. between 10% and 17%
c. between 20% and 50%
d. employers do not pay for employee benefits
Definition
c. between 20% and 50%
Term
Which of the following is an employee benefit that an employer may provide?
a. vacation & sick days
b. tuition reimbursement
c. retirement benefits
d. health insurance
e. all the the above
Definition
e. all of the above
Term
One attitude related to having a career is a long-term perspective. Which of the following is NOT a career attitude?
a. commitment
b. opportunities for advancement
c. positive experience
d. focus only on pay
Definition
d. focus only on pay
Term
An entrepreneur should be a hard worker and motivated. Which one of the following characteristics will many entrepreneurs also have?
a. pushy
b. risk-taker
c. insecure
d. wealthy
Definition
b. risk-taker
Term
Which one of the following is a key benefit employees should consider when searching for a job?
a. length of commute
b. number of vacation days
c. compay prestige
d. availability of payroll direct deposit
Definition
b. number of vacation days
Term
On average, which one of the following is the least expensive type of college?
a. private
b. state resident
c. state nonresident
Definition
b. state resident
Term
In general, employers reward employees with more income for all of the following reasons except:
a. showing up for work
b. high quality
c. great attitude
d. high productivity
Definition
a. showing up for work
Term
When comparing two job offers in two different cities, it's important to consider which of the following?
a. salaries
b. benefits
c. transportation costs
d. all of the above
Definition
d. all of the above
Term
Which one of the following would most likely be considered a career?
a. fast-food worker
b. local newspaper deliverer
c. computer programmer
d. summer camp worker
Definition
c. computer programmer
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