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Unit 2 Flash Cards
Crista's Flash Cards
26
Other
12th Grade
03/07/2007

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Term
Career
Definition
a lifetime profession or occupation that you strongly believe in and provides an income as well
Term
Cost of Living
Definition
the amount of money it takes to purachase typical living expences 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 persom 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 or False?
One of the single greatest assets an individual has is earning power.
Definition
True
Term
True or False?
Your earning potential will be greatly influenced by your education, training, and experience.
Definition
True
Term
True or False?
On average, a person with a bachelor's degree earns more than a person with a high school diploma.
Definition
True
Term
True or False?
An entrepreneur does not have to deal with other people.
Definition
False
Term
True or False?
An employee who makes good use of time, money, and materials demonstrates strong information management skills.
Definition
False
Term
Which one of the following is not a primary career factor?
A. Education
B. Experience
C. Who you know
D. Personal needs
Definition
C. Who you will know.
Term
Which one of the following is not a primary career factor?
A. Education
B. Experience
C. Who you know
D. Personal needs
Definition
C. Who you will know.
Term
Employers look for employees who are well educated and have technical skills. Which of the following employee characteristics do employers also look for?
A. Ability to learn and speak clearly
B. Makes good use of time
C. Problem solving and creative th
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 typically 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 and sick days
B. Tuition reimbursement
C. Retirement benefits
D. Health insurance
E. All of the above
Definition
E. All of the above.
Term
One attitude related to having a career is 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. 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
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.
Term
Employers expect employees to have basic skills, like reading writing and that abitity to communicate clearly. Name two other skill types beyond these basic skills.
Definition
Personal Skills and Thinking Skills
Term
Rent is one factor in a person's cost of living. List three other factors that can affect the cost of living.
Definition
Transportation costs, Insurance, and Utilities
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