Chapter 2 Business
Five assemblers are employed at a local factory. Pam earns $11/hour; Richard earns $13/hour; Midori earns $15/hour; and Francisco and Bailey both earn $17/hour. What is the average hourly wage for an assembler at this factory?
14.60
Becca is reading a 700-Page novel for English class. Her goal is to read the novel in five days. How many pages per day must she average to meet her goal?
140
to the agency to help him find a job, plus 3 percent of his first month? 's salary once he begins working. After several weeks, Dan finds a job that pays a monthly salary of $4,500. How much in total will Dan pay the employment agency?
385
Suppose you want to work 8 hours a day, 5 days a week, 50 weeks a year. If your career spans 45 years, how many hours will you spend on the job?
90,000
About how often should you reevaluate your career goals?
About every five years
Personal financial planning has the main goal of...
Achieving personal economic satisfaction
The help wanted ads in the _______ section of your Lock newspaper list job openings in your area
Classified
In the career planning process, after identifying specific job opportunities, a person should...
Develop a resume and cover letter
__________ agencies help job seekers find a job for which they are qualified
Employment
A long term goal is one you expect to meet within six months or so (T/F)
False
Changes in family size and marriage rates have not affected the types of jobs that are in demand (T/F)
False
In the self-assessment phase of career planning, you talk to people in the fields of work you find interesting (T/F)
False
Most jobs require the same personality traits (T/F)
False
Working in a temporary job is a bad idea if you have high career goals (T/F)
False
_______ are tendencies of people moving from one area of the country to another as financial centers shift location
Geographic trends
A type of employment agency that seeks out highly qualified periplo to fill important positions for N employer is a(n)...
Headhunter
Spending a morning or afternoon with a worker in the type of job that interests you is called...
Job shadowing
The way people chose to live their lives, based on the values they have chosen, is called...
Lifestyle
Which if the following personality traits would probably be helpful for someone who worked as a salesperson?
Outgoing and friendly
Perseverance in a job search refers to...
Persistence in the process of obtaining employment
Your ________ is made up of the many individual qualities that make you unique
Personality
The final step of the career planning process is to...
Plan for career development
The first step in career planning is...
Self-analysis
Companies often list their job openings on their own web sites (T/F)
True
Many job openings are never advertised (T/F)
True
The average person we,, spend about 86,000 hours on the job in his/her lifetime (T/F)
True
There will be two questions regarding the video "How to get out of debt" (T/F)
True
When prices are increasing at a rate of 6 percent, the cost of products would double in about 12 years (T/F)
True
In the United States, the central activity of a person's life is typically...
Work
A resume gives a potential employer...
A summary of your education, training, experience, and qualifications
Your values are shaped by...
All of the above
An _________ is a natural physical or mental ability that allows you to do certain tasks well
Aptitude
A(n) _________ is a Member if your network, such as a relative, friend, or former coworker
Contact
Compared to a job, a career...
Demands regular updating of knowledge
The knowledge and skills required from working in a career field is called...
Experience
Once you have had a formal interview with an employer, you should not contact the employer again unless you are offered the job (T/F)
False
People who live a lavish lifestyle have better values than people who live a simpler life style (T/F)
False
The main reason people work is to provide themselves with a sense of purpose in life (T/F)
False
The things you like to do are called your aptitudes (T/F)
False
You don't really need to write down your goals because they are constantly changing (T/F)
False
A lack of willingness to accept a variety of employment positions is a common career planning mistake associated with weak...
Flexibility
All of the following are good ways to find a job EXCEPT...
Follow an employee to his or her home
Wh you are and how you fit in relate to your sense of...
Identity
To assess the current value of a lump-sum retirement benefit that will be received in 10 years, use the ________ calculation
Present Value of a single amount
One of the external factors you should consider before you begin your job search is...
Social influences
If you change careers, you may need to accept a lower wage as you work to gain experience in your new career field (T/F)
True
People who are happy with their work lives are more likely to be happy in other areas of their lives as well (T/F)
True
A record of the Jin's you have held and how long you stayed with each employer is called your...
Work history
Which of the following best describes the work environment for a management job?
Work in an office close to top managers, under pressure to meet goals
Most successful people...
Work well with others