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Unit 2 Flash Cards
Colin's Flash Cards
29
Other
12th Grade
03/07/2007

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Term
a lifetime profession or occupation that you strongly believe in and that provides an income as well
Definition
career
Term
the amount of money it takes to purchase typical living expenses in a particular city
Definition
cost of living
Term
your level of formal knowledge and training
Definition
education
Term
additional programs like health insurance and retirement plans offered by employers
Definition
employee benefits
Term
a person who creates a business from a need and puts creativity and ingenuity into action to provide a service or product
Definition
entrepreneur
Term
relatively short- term work that pays the bills for now
Definition
job
Term
One of the single greatest assets an individual has is earning power- true or false
Definition
true
Term
Your earning potential will be greatly influenced by your education, training, and experience- true or false
Definition
true
Term
On average, a person with a bachelor's degree earns more than a person with a high school diploma- true or false
Definition
true
Term
An entrepreneur does not have to deal with people- true or false
Definition
false
Term
An employee who makes good use of time, money, and materials demonstrates strong information management skills - true or false
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
What employee characteristics do employers look for?
a)ability to learn and speak clearly
b)makes good use of time
c)problem solving and creative thinking skills
d)ability to work with others and get to work on time
e)all of the above
Definition
e)all of the above
Term
The following are 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 in which an employer may provide
a)vacation and sick days
b)tuition reimbursement
c)retirement benefits
d)health insurance
e)all of the above
Definition
e)all of the above
Term
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
Which one of the following characteristics will an entrepreneur have
a)pushy
b)risk-taker
c)insecure
d)wealthy
Definition
b)risk-taker
Term
Which 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)company 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
Employers reward employees with more income for all of the follwing 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 different job offers in two different citys, it is 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
Term
Name two skill types
Definition
basic skills, thinking skills, personal skills, resource management, interpersonal, information management, systems, technology
Term
Name two basic skills
Definition
reading, writing, perform basic math computations, listen well, and speak clearly
Term
List three factors that can affect the cost of living
Definition
rent/ home costs, transportation costs, insurance, utilities, food
Term
List three steps for entrepreneurism
Definition
see an opportunity, take the initiative, and develop plans
Term
List three things entrepreneurs need
Definition
independence, positive attitude, creativity/ talent, risk-taker, good work ethic/ honesty, hard worker, organization/ planning, self- confidence, good listener, team worker, decision maker, motivation, salesmanship, follow through
Term
How many times does that average American change jobs compared to careers
Definition
the average American changes jobs 10 times and careers 3 times during a working lifetime
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