Midterm Exam

Question 1

Mirror Words

Answer 1

Describe how you view yourself and how you believe others view you

Question 2

Professionalism

Answer 2

defined as workplace behaviors that result in positive business relationships

Question 3

Human Relations

Answer 3

interactions that occur with and through people

Question 4

Personality

Answer 4

a stable set of traits that assist in explaining and predicting an individual’s behavior

Question 5

Values

Answer 5

things that are important to you as an individual based on your personal experiences

Question 6

Attitude

Answer 6

a strong belief about people, things, and situations

Question 7

self-concept

Answer 7

how you view yourself

Question 8

self image

Answer 8

your belief of how others view you

Question 9

self efficacy

Answer 9

your belief in your ability to perform a task

Question 10

projection

Answer 10

how you treat others (based on how you feel about yourself and your environment)

Question 11

personal brand

Answer 11

reflects traits you want others to think of when they think of you

Question 12

locus of control

Answer 12

identifies who you believe controls your future

Question 13

learning style

Answer 13

define the method of how you best take in information and/or learn new ideas

Question 14

goal

Answer 14

is a target

Question 15

long term goals

Answer 15

goals that take longer than a year to accopmlish, with a realistic window of up to 10yrs

Question 16

short term goals

Answer 16

goals that can be reached within a year’s time

Question 17

SMART

Answer 17

S-Specific
M-Measurable
A-Achievable 
R-Relevant
T-Time Based

Question 18

Specific (SMART)

Answer 18

clearly identify what you want to accomplish and quantify it if possible

Question 19

Measurable (SMART)

Answer 19

make your goal measurable; identify how you will know when you have achieved your goal

Question 20

Achievable (SMART)

Answer 20

keep your goal achievable but not too easily attainable or too far out of reach

Question 21

Relevant (SMART)

Answer 21

relevant personal goals have meaning to its owner. The goal should belong to you and you should have the appropriate resources to accomplish the goal

Question 22

Time Based (SMART)

Answer 22

Attach a specific date or time period to provide a time frame for achieving a goal

Question 23

Life plan

Answer 23

is a written document that identifies goals for all areas of your life, including career, family/social, spiritual, and financial

Question 24

intrinsic rewards

Answer 24

come from within you and reflect what you value (ex: self satisfaction and pride of accomplishment)

Question 25

extrinsic rewards

Answer 25

come form external sources and include such things as money and praise

Question 26

priorities

Answer 26

determine what needs to be done and in what order

Question 27

trade-off

Answer 27

giving up one thing to do something else

Question 28

personal financial management

Answer 28

the process of controlling personal income and expenses

Question 29

income

Answer 29

money coming in

Question 30

expense

Answer 30

money going out/spent

Question 31

budget

Answer 31

detailed financial plan used to allocate money for a specific time period

Question 32

gross income

Answer 32

the amount of money in a paycheck before paying taxes or other deductions

Question 33

net income

Answer 33

the amount of money you have after all taxes and deductions are taken out of your gross pay

Question 34

fixed expenses

Answer 34

expenses that do not change from month to month

Question 35

flexible expenses (aka variable expenses)

Answer 35

expenses that change from month to month (such as food or utilities)

Question 36

money wasters

Answer 36

small expenditures that you may not realize are consuming a larger portion of your income than expected

Question 37

debt

Answer 37

money owed

Question 38

loan

Answer 38

large debt that is repaid in smaller amounts over a period of time and has interest added to the payment.

Question 39

interest

Answer 39

the cost of borrowing money and is the money you pay the lender for a loan

Question 40

net worth

Answer 40

the amount of money that is yours after paying off debt

Question 41

assets

Answer 41

what you own; items that are worth money (ex: car, home and furniture)

Question 42

liability

Answer 42

an obligation to pay what you owe

Question 43

stress

Answer 43

the body's reaction to tense situations

Question 44

positive stress

Answer 44

a productive stress that provides strength to accomplish a task

Question 45

negative stress

Answer 45

causes you to become emotional or illogical

Question 46

job burnout

Answer 46

a form of extreme stress where you lack motivation and no longer have the desire to work

Question 47

time management

Answer 47

how you manage your time

Question 48

procrastination

Answer 48

putting off tasks until a later time

Question 49

what is the top of your resume called?

Answer 49

the information heading

Question 50

if you are at the start of your career or do not have extensive work experience, what type of resume layout should you use?

Answer 50

a functional resume layout (this resume emphasizes relevant skills)

Question 51

if you have extensive career experience, what resume layout should you use?

Answer 51

advanced skill set layout

Question 52

what is a skills summary?

Answer 52

an introductory written statement for individuals with little or no work experience

Question 53

what is a personal profile?

Answer 53

an introductory written statement for individuals with professional experience related to their target career

Question 54

what are job specific skills?

Answer 54

skills that are directly related to a specific job or industry

Question 55

what are transferable skills?

Answer 55

skills that are transferred from one job to the next

Question 56

what are soft skills?

Answer 56

soft skills refers to the people skills necessary when working with others

Question 57

what is productivity?

Answer 57

when you are performing a function that adds value to the company

Question 58

what is the purpose of a company strategy?

Answer 58

it outlines major goals and objectives that serve as its road map for success

Question 59

what is a strategic plan?

Answer 59

a formal document that identifies how the company will secure, organize, utilize, and monitor its resources

Question 60

what are directional statements?

Answer 60

the company's mission, vision, and values statements

Question 61

what is a mission statement?

Answer 61

a company's statement of purpose

Question 62

what is a vision statement?

Answer 62

-a statement that determines where the company wants to go in the future

Question 63

what is a values statement?

Answer 63

a statement that defines what is important to and what the priorities are for the company

Question 64

what is an objective?

Answer 64

a specific activity that supports a goal

Question 65

what is organizational structure?

Answer 65

the way a company is organized

Question 66

what is an organizational chart?

Answer 66

a graphic, visual display of a company's organizational structure

Question 67

what is a chain of command?

Answer 67

the formal lines of authority