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Buissness Vocab 1
Financial Lit
18
Business
10th Grade
10/04/2011

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Cards

Term
Job
Definition
Temporary Occupation for money
Term
Career
Definition
Lifetime Job
Term
Standard of living
Definition
A measure of quality of life based on what a person can buy
Term
Trends
Definition
Developments that mark changes in a particular area
Term
Potential Earning Power
Definition
The amount of money earned over time
Term
Aptitudes
Definition
Natural abilities that people posses
Term
Interest Inventories
Definition
Tests that help identify favorite activities
Term
Demographic Trends
Definition
Tendencies of people grouped by age
Term
Geographic Trends
Definition
Tendencies of people moving from place to place based on finances
Term
Service Industries
Definition
Businesses that provide services for a fee
Term
Internship
Definition
A position in which people receive training by working with people in their field
Term
Cooperative Education
Definition
Allow students to enhance classroom learning with part-time work
Term
Networking
Definition
A way of making & using contacts to get information
Term
Informational Interview
Definition
Meeting with someone who works in your area of interest
Term
Resume
Definition
One or two page summary of your education training and experience
Term
Cover Letter
Definition
Personal letter presented with resume
Term
Cafeteria-style Employee Benefits
Definition
Benefits that the workers choose based on their financial needs
Term
Pension Plan
Definition
Retirement Plan funded by employer
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