MONEY MANAGEMENT UNIT 1 – Career Decisions Test Review.

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MONEY MANAGEMENT MONEY MANAGEMENT UNIT 1 – Career UNIT 1 – Career Decisions Decisions Test Review Test Review

Transcript of MONEY MANAGEMENT UNIT 1 – Career Decisions Test Review.

Page 1: MONEY MANAGEMENT UNIT 1 – Career Decisions Test Review.

MONEY MANAGEMENTMONEY MANAGEMENT

UNIT 1 – Career DecisionsUNIT 1 – Career Decisions

Test ReviewTest Review

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A general term for advances resulting A general term for advances resulting from improvements in technical from improvements in technical processes that increase productivityprocesses that increase productivity– TECHNOLOGYTECHNOLOGY

Sick pay, vacation time, and profit Sick pay, vacation time, and profit sharing are all examples of:sharing are all examples of:– BENEFITSBENEFITS

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The learning of new and different skills so The learning of new and different skills so that an employee can retain employability.that an employee can retain employability.– RETRAININGRETRAINING

One who organizes, manages and One who organizes, manages and assumes the risk of a business enterprise.assumes the risk of a business enterprise.– ENTREPRENEURENTREPRENEUR

Informal communication structures that are Informal communication structures that are established for people to talk to each other established for people to talk to each other and share information.and share information.– NETWORKSNETWORKS

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The things in your life that you consider to The things in your life that you consider to be important to you are called:be important to you are called:– VALUESVALUES

The way you choose to live your life, which The way you choose to live your life, which is based on your values, is called:is based on your values, is called:– LIFESTYLELIFESTYLE

A natural physical or mental ability is a(n)A natural physical or mental ability is a(n)– APTITUDEAPTITUDE

Individual qualities and traits which make Individual qualities and traits which make you a unique person are known asyou a unique person are known as– PERSONALITYPERSONALITY

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When a person designs his or her lifestyle When a person designs his or her lifestyle around a job so that he or she cannot around a job so that he or she cannot afford to change jobs… this is known as afford to change jobs… this is known as being __________________.being __________________.– LOCKED INLOCKED IN

A letter that explains how you are qualified A letter that explains how you are qualified for a job, impresses the employer as to for a job, impresses the employer as to your interest and desire for the job, and your interest and desire for the job, and asks for an interview is called a(n)asks for an interview is called a(n)– LETTER OF APPLICATIONLETTER OF APPLICATION

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A summary of skills, education, work A summary of skills, education, work history and personal information that history and personal information that qualifies you for a job is called a qualifies you for a job is called a – RESUMERESUME

When you talk to your potential employer When you talk to your potential employer about your qualifications for a particular about your qualifications for a particular job that is called a job that is called a – JOB INTERVIEWJOB INTERVIEW

A form that you fill in with requested job A form that you fill in with requested job related information is knows as a(n)related information is knows as a(n)– JOB APPLICATIONJOB APPLICATION

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SHORT ANSWER QUESTIONSSHORT ANSWER QUESTIONS

FROM CHAPTER ONE:FROM CHAPTER ONE:– List and explain three things you can do so that List and explain three things you can do so that

CHANGE doesn’t leave you behind in the job field.CHANGE doesn’t leave you behind in the job field.Lifelong learner, well-read and informed so that you know Lifelong learner, well-read and informed so that you know change is coming, always retrain and upgrade your skill set.change is coming, always retrain and upgrade your skill set.

FROM CHAPTER TWO:FROM CHAPTER TWO:– Be sure you understand the factors that should Be sure you understand the factors that should

influence your career choices:influence your career choices:Values, personality, lifestyle, aptitudes, and interests. Values, personality, lifestyle, aptitudes, and interests.

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From Chapter Two: Goal SettingFrom Chapter Two: Goal Setting– Be able to talk about all three types of goals: Short-term, Be able to talk about all three types of goals: Short-term,

Intermediate and Long-Term. Make sure the Goals are Intermediate and Long-Term. Make sure the Goals are S.M.A.R.T.S.M.A.R.T.

– Examples of vague goals:Examples of vague goals:Short-Term:Short-Term:

– Pass all classes with A’s & B’sPass all classes with A’s & B’s

Intermediate:Intermediate:– Get a job. Go to college.Get a job. Go to college.

Long-Term:Long-Term:– Family, house, car, job I like.Family, house, car, job I like.

– Examples of specific goals:Examples of specific goals:Short-Term:Short-Term:

– Obtain an 85% or higher on my Math test (Friday)Obtain an 85% or higher on my Math test (Friday)

Intermediate:Intermediate:– During track, break 4:40 in the mile (1-2 months)During track, break 4:40 in the mile (1-2 months)

Long-Term:Long-Term:– Finish college (undergrad/graduate in a business major)Finish college (undergrad/graduate in a business major)

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SHORT ANSWER QUESTIONSSHORT ANSWER QUESTIONS

FROM CHAPTER THREE:FROM CHAPTER THREE:– Make sure you can describe what A.I.D.A. means when referring Make sure you can describe what A.I.D.A. means when referring

to letters of application!to letters of application!Get their attention, make it interesting, show your desire for the job, Get their attention, make it interesting, show your desire for the job, ask for or take action!ask for or take action!

Making a resume:Making a resume:– Make sure you can name and explain some of the sections on Make sure you can name and explain some of the sections on

your resume.your resume.Personal information, education, work history, references, skills, Personal information, education, work history, references, skills, extracurricular activities, volunteer work etc…extracurricular activities, volunteer work etc…

Preparing for a job interview:Preparing for a job interview:– Be able to discuss things you need to do to really do great at a Be able to discuss things you need to do to really do great at a

job interview.job interview.Dress appropriately, prepare for some questions in advance, Dress appropriately, prepare for some questions in advance, research the company you are interviewing with and come up with research the company you are interviewing with and come up with some questions of your own, some questions of your own,

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STUDY, STUDY, STUDYSTUDY, STUDY, STUDY

Ok…. Hopefully this helps!Ok…. Hopefully this helps!

You have three chapters of notes to You have three chapters of notes to review before tomorrow!!review before tomorrow!!

Don’t forget to study!Don’t forget to study!

Also make sure you bring your notes Also make sure you bring your notes to class tomorrow. They are worth to class tomorrow. They are worth points!points!