Careers and career choices - Chapter 5 Flashcards

1
Q

What are decisions?

A

Resolutions to make up your mind about a choice after considering different options.

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1
Q

What does it mean to commit?

A

To promise to do something; to work very hard to do something; to not give up.

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2
Q

What are the key things you need to know before applying for a job?

A
  1. That it is really what you want to do.
  2. That you have information on all your options.
  3. You have researched the job in detail so you know what qualifications and skills you need for it.
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3
Q

What are the key things you need to know before applying to an HEI?

A
  1. What courses suit your interests best.
  2. Which HEI is the best in your field of study.
  3. What are the fees?
  4. HEI reputation.
  5. Accomodation arrangements for the study period.
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4
Q

How can you fund your studies at an HEI?

A
  1. Your parents can help.
  2. Student loan.
  3. Bursary.
  4. Learnership.
  5. Scholarship.
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5
Q

What is a bursary?

A

If you have high marks you could be allowed to study for free.

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6
Q

What is a scholarship?

A

A company, business or municipality agrees to pay for your studies based on marks.

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7
Q

What is a student loan?

A

A bank loans you the money and you have to pay it back later.

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8
Q

What is a learnership?

A

You earn while you learn, usually for a trade.

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9
Q

Once you have chosen your course and HEI, what should you do?

A
  1. Figure out your funding.
  2. Complete application forms.
  3. Arrange accommodation and travel.
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10
Q

What are SMART goals?

A

Goals that are Specific, Measurable, Achievable, Realistic and Timely.

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11
Q

What should you do after you have set you SMART goals?

A
  1. Make an action plan to achieve it.
  2. Carry out your action plan.
  3. Evaluate if you have achieved your goal or how far you still have to go.
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12
Q

What is unemployment?

A

Being without a job, joblessness.

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13
Q

What is a recession?

A

A downturn, slump or decline in the economy.

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14
Q

Which age group suffers the most unemployment in South Africa?

A

15-35 year olds.

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15
Q

What percentage of unemployed South Africans are between the ages of 18 and 25?

A

72,3%

16
Q

What type of unemployment is the biggest problem in South Africa?

A

Youth unemployment.

17
Q

What does it mean to retrench a worker?

A

Retrenchment happens when companies are forced to cut jobs to reduce costs in order to stay viable. The retrenched worker won’t be replaced.

18
Q

What are the main reasons for unemployment in South Africa?

A

Government corruption.
Economic recession.
Shortage of skilled labour.
Lack of education and skills.
Overpopulation.
Hostile political environment that does not encourage entrepreneurship and investment.
Lack of economic growth.

19
Q

Why is youth employment a problem?

A

Businesses prefer experienced workers.
Shortage of on the job training.
Loss of confidence in SA education system.
Oversaturation of the job market.

20
Q

List 5 effects of unemployment.

A

Poverty, hunger, homelessness, substance abuse, crime, child abuse, human trafficking, exploitation.

21
Q

What is an entrepreneur?

A

A person who sees the opportunity to start a business or offer a service.

22
Q

What are the risks of becoming an unemployed youth?

A

Depression, joining a gang, abuse substances, loss of hope, becoming unemployable.

23
Q

What is volunteering?

A

You give your time and skills to others without payment.

24
Q

What is a part time job?

A

You work a limited amount of hours each week to gain experience.

25
Q

What is community work?

A

You do something to benefit your community or a community in need.

26
Q

What are informal jobs?

A

They are short term jobs like washing cars or selling newspapers.

27
Q

How viable is entrepreneurship?

A

It is our best option to guarantee employment and income for ourselves. The government won’t do what is needed to provide jobs for everyone. We have to look after ourselves.

28
Q

What is income tax?

A

A portion of your salary that is taken by the government to pay for services and infrastructure. Income tax is compulsory.

29
Q

What is SARS?

A

The South African Revenue Service that collects all taxes.

30
Q

What is a tax threshold?

A

The level of income at which you begin to pay tax.

31
Q

What is non-compliance?

A

Not doing something that is officially or legally required.

32
Q

What is tax dodging?

A

Avoiding paying your taxes.

33
Q

What is corruption?

A

Dishonesty, misuse of public power and money for private benefit.

34
Q

What is fraud?

A

To swindle, scam, cheat or deceive.

35
Q

What is cronyism?

A

Favouritism shown to friends, regardless of their qualifications.

36
Q

Give 3 examples of corrupt behaviour.

A

Bribery, influence peddling, stealing public resources, nepotism, cronyism, favouritism, extortion.

37
Q

Who is most affected by corruption?

A

Poor people in our country who are denied grants and services because someone stole the funds.

38
Q

Which 4 entities are impacted by corruption?

A

Individuals, companies, communities and the country.