8th Grade Exploring Business Course Vocabulary

Front

What is the company-sponsored retirement plan called?

Back

401(k)

Front

What is the career that organizes and supervises other employees to ensure that businesses run smoothly?

Back

administrative services managers

Front

What is an evaluation that lets the employee know if they have mastered job-related skills and tasks, and shows areas in which they could improve?

Back

annual evaluation

Front

What is the career that acts as a neutral third party to settle disputes? Options: arbitrators and mediators, accountants and auditors, software developers, civil engineers

Back

arbitrators and mediators

Front

What is a location of a business called?

Back

branch

Front

What is the use of past or well-known business information to inform future business choices called?

Back

business analytics

Front

What is a group of careers that all share common features called?

Back

career cluster

Front

What is the process of using computing power or storage that isn’t physically located within your company called?

Back

cloud computing

Front

What is the process when a company puts a certain amount of money into the employee’s retirement account called?

Back

company match

Front

What is the career that focuses on teaching, advising, and helping employees to navigate their compensation and benefits called?

Back

compensation, benefits, and job analysis specialists