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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
28 terms
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StudBud Administration
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chapter 2 review
Flashcards
28 cards
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Questions
28
Answers
1
A commitment to work in a field that you find interesting and fulfilling
volunteer
job
internship
career
2
Why is job outlook important when planning your career?
to know more about the career
its not
to know if jobs will be available in your field
to have an idea if your field is going to grow or not
3
Work that you do mainly to earn money
volunteer
internship
job
career
4
A way of making and using contacts to get job information and advice
networking
mentor
informational interview
career information source
5
A meeting with someone who works in your area of interest who can provide info about the career
interview
informational interview
interrogation
meeting
6
Making use of contacts to get a job interview or advice is a form of
interviewing
professional organizations
cooperative education
networking
7
Businesses that provide services for a fee
internship
service industries
careers
jobs
8
Why is it important to have prior experience when searching for a job?
more likely to get the job over another candidate
to be more successful in the workplace
makes you more appealing to an employer
gives you more knowledge about the field
9
A one- or two-page summary of your education, training, experience, and qualifications
cover letter
resume
summary
biography
10
Developments that mark changes in a particular area
demographic trends
technological trends
trends
geographic trends
11
How are interest inventories and aptitude tests used to determine career selection?
by measuring your skills
by measuring your interests
12
An experienced employee who serves as a teacher and counselor for a less-experienced person
internship
mentor
trainer
boss
13
What is the first stage of career planning?
Identify job opportunities
Develop a resume
Apply for jobs
Assess personal goals, abilities, interests
14
The natural abilities that people possess
interest inventories
aptitudes
aptitude test
interests
15
The amount of money you may earn over time
salary
trends
standard of living
potential earning power
16
Tendencies of people moving from one area of the country to another as financial centers shift
technological trends
geographic trends
trends
demographic trends
17
What is a job outlook? (think about your research project)
the projected job growth for your particular field
A summary of your career
18
The personal letter that you present along with your resume
biography
cover letter
resume
summary
19
Programs that allow students to enhance classroom learning with work related to their interests
cooperative education
class projects
volunteering
internship
20
Tests that help you identify the activities that you ENJOY most (not your skills)
interest
aptitude tests
interest inventories
aptitudes
21
How has technology influenced trends in employment? (in types of jobs available)
More jobs in software development bc of advancing technology
You can find information about jobs by using technology
Less jobs in certain careers bc technology is taking over
You can use the internet to find jobs and apply for them
22
A position in which a person receives training by working with people who are experienced
mentor
internship
cooperative education
volunteer work
23
What are interest inventories and aptitude tests?
tests that help you identify what you enjoy most
tests that help you identify your skills
24
Which is a geographic trend that influences employment?
high interest rates reducing employment in housing industry
More elderly people --> more jobs in healthcare
More working parents --> more jobs in childcare
People moving from one area of the country to another
25
A measure of quality of life based on the amounts and kinds of goods/services a person can buy
potential earning power
standard of living
trends
aptitudes
26
Part-time work, volunteering, internships, coop education, and class projects are all ways to
find information
gain employment experience
27
A retirement plan that is funded at least in part by an employer
401k
cafeteria-style employee benefits
insurance
pension plan
28
Tendencies of people grouped by age gender ethnicity education or income that change over time
technological trends
trends
demographic trends
geographic trends
