Management & Markets & Analytics 2025 Final Semester Test

What is the difference between a salary and an hourly wage?

• An hourly wage usually has benefits and is flexible whereas a salary does not.

• A salary is paid no matter how many hours you work whereas an hourly wage is paid only for the time on your job.

• An hourly wage is paid in installments, whereas a salary is paid once a year.

• A salary is paid based on the time spent working and an hourly wage is paid when the job is complete.

What best describes the relationship between short and long term goals?

• A. Setting short-term goals now helps reach long-term goals later.

• B. Setting long-term goals now helps reach short-term goals later.

• C. Short and long term goals are the same thing just different sizes.

• D. Short term goals are accomplished when you can't do long term ones.

A career is another name for a job.

• True

• False

When you ____, you have all the materials needed to complete a task.

• set goals

• manage your time

• are organized

• study

How can goal setting help with academic performance?

• It helps you focus on what needs to be done and why.

• It is an effective study skill.

• Writing goals down makes them happen.

• They help you undestand content better.

Which is the best example of someone growing their network while in high-school?

• Setting goals and telling friends about them.

• Planning time to meet with friends to go to a sporting event.

• Having regular check-ins with teachers and counselors to discuss goals.

• Sharing grades with friends and family.

Prioritization is an example of a skill that helps you reach long term goals because...

Which is an example of an effective study skill?

• Re-reading a chapter in a textbook.

• Getting to bed early.

• Reading over notes.

• Making notecards and quizzing yourself.