Orien. Lvl 1- Lesson #6 Flashcards
The construction industry employs about ? of all the workers in the U.S.A.
5%
True or false?
Lowering the prime interest rate can lead to increased employment.
True
The ? of construction workers is one of the most critical factors in shaping our economy and keeping it rolling.
productivity
Which goods-producing sector of the economy of the U.S.A. is expected to continue to grow?
Construction
Note: The projected growth for today’s construction market is very much under discussion. But the reality remains that the infrastructure, energy efficiency, and voice-data-video (VDV) areas continue to grow quite well, even during times of a recession.
The construction industry is projected to expand by nearly ? annually.
10%
Note: The projected growth for today’s market is very much under discussion and this 10% figure may not be as reliable as it has been in the past. Discuss your local construction market and compare it to other markets.
True or false?
Over 10% of the total construction workforce is employed by electrical contractors.
True
three major reasons why quality performance by skilled Electrical Workers is essential.
.It ensures that Americans continue to have a high standard of living.
It keeps our country competitive.
Our nation runs on electricity.
America may be facing not only a ? of labor, but it is also confronting a shortage of ? labor.
shortage / skilled
modern developments provide employment opportunities in the electrical construction industry for those who prepare for it?
Factory automation, electronic innovations, and lasers
Fiber optics and nuclear, solar, and wind power
Smart houses and intelligent buildings
Superconductivity and computerization
Of the thousands of electrical contractors who run union shops in the U.S., over ? once worked at the trade.
80%
two things you must grasp to succeed in the electrical construction industry.
Striving to be an asset to the electrical contractor who employs you
Technical know-how
The opportunity to succeed in the electrical construction industry exists as a result of a ? effort by the IBEW and ? .
cooperative / NECA
Why should the apprentice learn to appreciate contractors and the responsibilities they have?
Because the apprentice’s future is directly tied to the contractors’ success or failure
five steps a contractor must take before going into business.
Arrange financing
Buy equipment
Hire supervisory and nonproductive help
Obtain jobs
Obtain an adequate supply of skilled labor
Of the steps that a contractor must follow before going into business, which step makes the IBEW possible?
Obtain an adequate supply of skilled labor
What is “labor” to the contractor?
Labor is the means by which to get the job done.
Labor is the public relations department of the business as far as the customer is concerned.
Labor can be the difference between profit and loss, success and bankruptcy.
four costs of doing business that are considered as overhead (operating expenses).
Equipment, office
Financing
Obtaining jobs
Supervisory and nonproductive help
The price a customer pays for a common electrical job is broken down into four major financial categories.
Labor
Material
Overhead
Profit
Why is management vitally interested in apprentice and Journeyman Electrical Worker training?
Contractor bids are less competitive with unqualified labor.
Project labor costs increase with unqualified labor.
Supervision is less productive with unqualified labor.
Unqualified labor is a burden to a contractor.
Note: Unqualified labor requires additional nonproductive supervision, which increases the amount of overhead and reduces the portion of the price available for profit and labor.
As an IBEW electrician you should be
A good sales representative for the shop
A good sales representative for union labor
A productive worker every day
Well trained in all phases of the trade
