Career Education & Work Midterm 2020

This process involves setting up an interview with a worker to get an inside idea about what their career or job is all about.

• Internship

• Cooperative Program

• Exploratory Interview

• Job Shadowing

When you work four (10 - hour days), and have three days off this is called

• Overtime

• Telecommute

• Shift Woirk

• Flextime

A component of the income statement that shows the amount of money your company has earned from just their sales of products or services provided.

• Revenue

• Gross Profit

• Operating Expenses

• Net Profit

In order for an entrepreneur to start a new business he should

• have partners

• have a business plan

• have experience

• have a college degree

Which one is not a risk when looking to buy an existing business?

• ruin family relationships

• expensive repairs

• too much competition

• poor location

Paying rent, utilities, and worker’s wage is called

• net profit

• revenue

• operating cost

• gross profit

Which type of ownership is the easiest to finance because it can grab the attention of investors

• sole proprietorship

• partnership

• corporation

• family business

Some companies offer telecommuting in the workplace which means

• transporting manufactured goods

• working at home, using a computer, fax, or telephone

• communicating by television

• working at another country

In order for the U.S. economy to keep up with the rest of the world, companies need what?

• more workers

• higher tariffs

• out sourcing

• well educated workers

When a company is forced to hire people from other companies or countries to do a certain task this is called.

• out sourcing

• layoff

• telecommute

• job market