Untitled spreadsheet - Sheet1 Flashcards
business cycle
the alternating period of growth and decline in the economy
demand
the willingness and ability of consumers to buy goods and services
economy
all of the activities related to making and distributing goods and services in a geographic area or country
ethics
a set of moral values that people consider acceptable
goal
a desired outcome based on one’s values for which a plan of action is carried out
hard skills
measurable physical and mental abilities that allow you to complete a job
headhunter
an employment specialist who seeks out highly qualified people to fill upper-level positions for an employer
job description
describes what a job would be like, including tasks performed and skills needed
job interview
a face-to-face meeting with a potential employer to discuss a job opening
job shadowing
spending time observing a worker in a type of job that interests you
references
people who have known you and can provide information about your job skills, character, and achievcements
resume
a summary of your work experience, education, skills, and interests that qualify you for a job opening
scholarship
a gift of money or other aid awarded to a student to help pay for education
skill set
unique skills and abilities that you bring to the job
social network
a group of friends and acquaintances who keep in contact and share information
soft skills
nontechnical skills needed by most workers for success on the job
subsidized student loan
a loan on which interest is not charged until the student graduates
supply
the quantity of goods and services that producers are willing and able to provide
tuition
the expense paid by students for the instruction at a school
value
a principle that reflects the worth you place on an idea or action
Hard skills are important in getting a job, but soft skills are less important
FALSE
Soft Skills can be learned through education and practice
TRUE
Job choices you make in your life will not affect your income
FALSE
Generally, the higher the education level you achieve, the higher income you can expect to make
TRUE
You can stay qualified in a career field with lifelong learning
TRUE
Honesty is an example of a value
TRUE
Informal education includes things such as self-training and classes you would take at a college
FALSE
In a market economy, consumers play a key role in setting prices
TRUE
During economic period of recovery, people slow their buying and are unable to pay high prices
FALSE
Scholarships may by available to students with high grades or strong athletic skills
TRUE
Which of the following is a type of “follow-up” for a job candidate?
a) application letter
b) thank-you letter
c) age
d) job application
B
d) references
C
d) temp agency
D
d) Twitter
B
d) work-study program
C
d) self-training program
B
d) FEA
A
d) trough
D
d) a college class
D
d) hard skill
B
