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Economic Reporting Flashcards | StudBud
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Economic Reporting
Economic Reporting
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1
The bullet points on your resume under experience should have all these qualities, EXCEPT
9 bullet points
a particular project or story you're proud of
an internal process you got changed to make things better
what you learned on the job
2
Which of the following are considered business and/or economic reporting beats in U.S. newsrooms?
technology
retail
all of these options
transportation
3
SABEW can help you do a better job at covering business, economics, finance and related topics
False
True
4
Consumer spending is the same thing as retail sales
True
False
5
This person typically works as a consultant for other companies at a university and has experience in entrepreneurshup
business professor
entrepreneur-in-residence
business consultant
business coach
6
When looking for expert sources for quotes for your stories, what is the biggest criteria you should use?
only pick someone who wrote a book on this subject
picking someone who works as a reputable university
if someone speaks in plain English
how many years the person has been studying this topic
7
All of the following topics fall under the innovation beat, EXCEPT......
accelerators and incubators
pre-k funding
startups
venture capital
8
It's ALWAYS better for the economy for interest rates to be higher
True
False
9
Which one of these websites can give you great startup and VC research?
Realtor.com
Hotwire
Pitchbook
Experian
10
The innovation beat includes covering
commercial real estate
startups
sports
the business of healthcare
11
Which of the following are considered business or economics beats in U.S. newsrooms?
the pharmauetical industry
all of these options
banking and finance
markets
12
It's OK to submit a two-page resume to a newsroom for a reporter job
False
True
13
When looking for your best clips to send to a potential employer, you should prioritize the ones that
were published in a professional venue
you submitted to class or a professor
stories you had published in campus media
writing you did on your own blog/website
14
When joining the staff of a business desk, your editor will expect that you know how to write an unemployment rate story
True
False
15
Non-seasonally adjusted unemployment figures include people who landed temporary jobs
True
False
16
In unemployment rate stories, who is typically a source quoted?
an unemployed musician
a local economist
a pre-K teacher
the mayor
17
The pending litigation section of SEC documents are a great place to find possible story ideas
False
True
18
When working as a local business reporter, you'll likely cover both companies and the local economy
False
True
19
Which of these funding rounds represents the first time a startup received money?
Series A
Series C
seed capital
Series B
20
Interest rates determine how much it will cost you to take out a loan
True
False
21
When crafting your journalism job resume, you want to make sure it always has a section for your..
education
references
ACT score
hobbies
22
A startup can have more than one founder
True
False
23
Which of these private companies gives you background information on an up-and-coming startup?
U.S. Department of the Interior
The SEC
FINRA
Crunchbase
24
Which of the following is a great place to find startups?
Northern California
strip mall
University of Chicago
accelerator
25
Which of the following organizations regularly produces research and look for journalists to cover their scholarly work?
trade groups/organizations
universities
all of these choices
think tanks
26
The cover letter for a journalism jobs application should be one page
True
False
27
Which of these topics is an issue facing the venture capital industry?
lack of office space
lack of funding
lack of racial diversity
lack of job openings
28
Writing a profile of a startup company involves finding out what motivated the founder(s) to start it in the first place
True
False
29
10-12 writing samples are the industry standard for applying to journalism jobs
False
True
30
The core of the innovation beat in journalism is about...
how much money realtors and landlords are making
beating your competitor newsrooms in your area
comparing one city's scene to another
issues facing startups and venture capitalists
31
A high unemployment rate means a local economy is doing well.
False
True
32
Which one of these options is a place you can find business news story ideas?
all of these options
a coffee chat with a local small business owner
pitches from PR departments
reading investigations from government agencies
33
Which of the following is an animal used to describe a startup?
unicorn
gorilla
rabbit
fox
34
Reading stories from other innovation reporters can help you work and hone your beat better
True
False
35
A low unemployment rate is a sign of a health local/state economy.
True
False
36
Which one of these government agencies often conduct investigations into businesses
The Federal Trade Commission
The U.S. Securities and Exchange Commission
all of these options
The Internal Revenue Service
37
The unemployment rate is also sometimes called...
the unemployment claims
the jobless rate
the laid-off rate
the underemployed rate
38
The strongest journalism job cover letters have
all of these options
a little background on who you are
proof that you've done research on the company and its plans for the future
what journalistic skills you have
39
There are very few innovation/startup reporters in business journalism today
False
True
40
A professional journalist friend or a trusted journalism professor can help pick the strongest work for your portfolio
True
False
41
If you have to spend hours agonizing over one aspect of your resume, which part should it be?
the formatting of the document
the education section
the bullet points
the objective section
42
economics and business professors who conduct interesting research is one of many avenues for story ideas
False
True
43
The U.S. Department of Homeland Security releases the national unemployment rate every three months.
True
False
44
An angel investor is more likely to give a startup seed capital
True
False
45
All venture capitalists work alone and as independent funders
False
True
46
99.9% of journalism job seekers will not at this part to their cover letter
research they've done on a company and what its recent accomplishments are
their previous job history
none of these options
their professional awards
47
The "civilan labor force" is the same as saying the work force.
True
False
48
Most startups fail
False
True
49
To cover a local economy, one of the best first steps it to make a list of.....
the 10 largest employers
nearby sports teams
previous news stories about the city
school district principals
50
Which of the following will likely be a person/family's largest purchase in their lifetime
college tuition
raising a child
transportation
housing/mortgage/rent
51
Which government agency has and releases the unemployment figures?
Department of Homeland Security
National Retail Federation
Department of Commerce
Bureau of Labor Statistics
52
Which economic indicator deals with how much extra money one must pay to take out a loan from a bank?
annual fee
interest rate
exchange rate
account fees
53
when a startup company wants to go public, it files what type of document?
initial private offer
initial public offering
internal public offering
inventory protection officer
54
Union representatives at the UAW or Teamsters also can give you great story ideas
True
False
55
Which of the following news publications are NOT focused primarily on business news
The Wall Street Journal
USA Today
The Financial Times
Fortune magazine
56
A high unemployment rate is a sign of a healthy local/state economy
True
False
57
KPI stands for
key performing influencers
keeping pretty informed
key performance indicators
kicking pure innovation
58
The following are great sections to add to your resume, EXCEPT
list of published academic research
objective
summary
awards
59
When writing an unemployment rate story, your go to sources are:
local economists
small business owners
none of these options
hiring managers
60
Bootstrapping is when a startup is funded by the founders' own money
True
False
61
Covering innovation also includes writing about what local government does to spur or hurt entrepreneurship efforts
False
True
62
When reporting the latest unemployment rate, you must also add what figure?
the rate from 5 years ago
the rate from 1955
the rate from last month or three months ago
the rate from 1990
63
The Federal Reserve Bank sets the interest rates for the nation
True
False
64
Being a successful business journalist means you have to have mastered advanced mathematics and have a MBA degree
True
False
65
The power point slides a startup shows VCs to entice them into funding is called a what?
the pitch deck
pinch deck
pick debt
pit deck
66
The best startups are only located in Silicon Valley and New York City
True
False
67
You can't become a really good innovation reporter without first knowing the lingo within the entrepreneurship ecosystem
True
False
68
One of the questions you really want to answer in a cover letter is why you want this particular job over something else
True
False
69
You can start your journalism career covering something like health or entertainment then switch to business news.
True
False
70
When applying for a newsroom reporter job, the hiring manager WILL ask for your college GPA.
True
False
71
The best way to present your resume for a journalism jobs is to...
keep it to one page
make sure you add your website
use fancy and flashy designs
include all employment history
72
Which of the following documents are NOT required in a journalism job application?
resume
recommendation letters
writing samples (clips)
cover letter
73
Unemployment rates are reported for the state level only
True
False
74
Economic reporters have to cover what's going on with every single economic indicator in the nation
False
True
75
GDP stands for gain domestic products
True
False