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Unit 2 Flash Cards
FLASH CARDS!!!
26
Other
12th Grade
03/07/2007

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Cards

Term
Career
Definition
a lifetime profession or occupation that you strongly believe in and that provide an income as well
Term
Cost of Living
Definition
the amount of money it takes to purchase typical living expenses in a particular 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 a product
Term
job
Definition
relatively short term work that pays the bills for now
Term
true
Definition
one of the single greatest assets an individual has is earning power
Term
true
Definition
your earning potential will be greatly influenced by your education, training, and experience
Term
true
Definition
on average, a person with a bachelor's degree earns more than a person with a high school diploma
Term
False
Definition
an entrepreneur does not have to deal with other people
Term
True
Definition
an employee who makes good use of time, money, and materials demonstrates strong information management skills
Term
What are three primary career factors?
Definition
Education, Experience, and Personal Needs
Term
What do employeers look for when hiring employees?
Definition
Ability to learn and speak clearly, makes good use of time, problem solving and creative thinking skills, and ability to work with others and get to work on time.
Term
What are characteristics that an entrepreneur expects?
Definition
Independent, risk-taker, and hard worker
Term
What do employee benefits typically cost an employeer from their percentage of pay?
Definition
Between 20% and 50%
Term
What are employee benefits that an employeer may provide?
Definition
vacation and sick days, tuition reimbursement, retirement benefits, and health insurance
Term
What are different career attitudes?
Definition
commitment, opportunities for advancement, and positive experience
Term
What quaility should an entrepreneur have? There are many!
Definition
Risk-taker
Term
What is a key benefit employees should consider when searching for a job?
Definition
Number of vacation days
Term
What is the least expensive type of college?
Definition
State resident
Term
Employers reward employees with more income for which reasons?
Definition
High quality, great attitude, and high productivity.
Term
When looking at two different jobs, which is the most important aspects to look for?
Definition
Salaries, benefits, and transportation costs
Term
What is an example of a career?
Definition
Computer programer
Term
What are two skills other then basic skills such as reading, writing, and the ability to communitate?
Definition
Thinking skills, personal skills, resource management, information management, systems, and technology
Term
What are factors that can affect the cost of living besisdes rent?
Definition
Transportation, utilities, and insurance
Term
What are the employee benefits?
Definition
Paid vacation, paid sick leave, health-plan benefits, retirement plan contributions, and tuition reimbursement
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