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Personal Finance > Chapter 1,2,5 > Flashcards

Chapter 1,2,5 Flashcards

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1
Q

challenges of change in careers -

A

be aware of tech.

current trends

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2
Q

its where you can make your own rules

not corporate owned -

A

franchise

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3
Q

things you get for working

A

benefits

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4
Q

what can you do about change -

A

accept it
reject it
ignore it

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5
Q

protect yourself from the effects of rapidly changing tech

A

long - term planning

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6
Q

be aware of the changes occuring worldwide, particularlyin developing countries

A

a world economy

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7
Q

communication lines -

A

networking

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8
Q

advancing to a higher level of skill

A

advancing

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9
Q

learning new and diff skills

A

retraining

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10
Q

informal groups of people w/ common interests who interact for mutual assistance

A

networks

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11
Q

a list of your strong and weakpoints along w/ plans for improvement

A

self - assesment inventory

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12
Q

organizations that offer services related to careers and employment

A

advanced degrees

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13
Q

who you are and you fit in is your

A

identitiy

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14
Q

things in your life that are import to you are

A

values

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15
Q

the way you choose to live your life based on your values

A

lifestyle

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16
Q

a mental or physical ability is an

A

apitude

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17
Q

individuAL qualities and traits that make you a unique person make up your

A

personality

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18
Q

a desired end toward which efforts are directed is a

A

goal

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19
Q

a person you know who has inside info about job openings is called an

A

contact

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20
Q

a goal that is planned for the next few months or years is called

A

intermediate

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21
Q

spending a morning or afternoon w/ a worker ina job that interests you is

A

job shadowing

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22
Q

a record of jobs you have had and how long you have worked at each

A

work history

23
Q

a type of employment agency that seeks out highly qualified people to fill positions is

A

headhunter

24
Q

a good…… includes using effective job search techniques, developing appropriate skills, seeking part-time work, and keeping yourself from being locked into a career

A

plan ofaction

25
Q

public and private …. help job seekers find a job for which they are qualified for

A

employment agencies

26
Q

when you work and learn to do something well, you are said to have gained ….. in that area, making you more valuable as an employee

A

experience

27
Q

many students have …. where students attend classes part of the day and then go find a job that provides supervised field experience

A

cooperative education

28
Q

a …. goal is one you expect to reach in a few days or weeks

A

short-term

29
Q

the local newspaper contains a list of job openings in the classified section called …. ads

A

help wanted

30
Q

an alphabetic subject listing of businesses is called the …… of the telephone book

A

yellow pages

31
Q

to seek info online and in books, pamphlets, articles, and all resources available is to …….. a topic or subj

A

research

32
Q

the average career spam is …. years during a lifetime

A

40 or more

33
Q

when you are no longer a student and have begun your career, your central life activity is likely to be your …

A

job

34
Q

goals reached in 5-10 years

A

long term goals

35
Q

reached in a few days/weeks

A

short term goals

36
Q

reached in a few months or years

A

intermediategoals

37
Q

the employees withholding allowance certificate, commonly known as ….. is used to make allowances for tax withholding purposes

A

form W-4

38
Q

to instruct an employer to not withhold federal income taxes

A

exempt

39
Q

some workers under 16 are required to have a ….

A

work permit

40
Q

people underage and not considered adults are called

A

minors

41
Q

is a law that allows employees to take unpaid leave for family and medical reasons

A

family & medical leave act

42
Q

the legally established lower limit of wage rate that can be paid by employers by

A

minimu wage

43
Q

reductions in the amount of tax withheld from paychecks are known as ….

A

allowances

44
Q

it shows your total wages and withholdings while you were unemployed

A

W-2

45
Q

a law that prohibits unequal pay for men and women doing substantially similar work

A

equal pay act

46
Q

an import part of the social security act and it provides benefits to workers who loose their jobs through no fault of their own

A

unemployment insurance

47
Q

a program that provides financial security to workers and their families in the event of an on-the-job illness or injury is called …

A

woerkers compensation

48
Q

the …… is the government body responsible for overseeing labbor laws

A

department of labor

49
Q

a law enacted to set a minimum wage and overtime houts

A

fair labor standards act

50
Q

fair labor standards act is also known as …

A

wage and hour act

51
Q

ccivil rights act is against …

A

race and religion

52
Q

responsibilites to your employers ….

A

respect

fulfill duties

53
Q

responsibilites to other employees …

A

do your fair share

54
Q

responsibilites to customers ..

A

respeect, curteous

Personal Finance (8 decks)

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