8th Grade Exploring Business Course Vocabulary

What is the company-sponsored retirement plan called?

• 401(k)

• IRA

• Roth IRA

• Health Savings Account

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

• administrative services managers

• graphic designers

• software developers

• accountants

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?

• annual evaluation

• job application

• exit interview

• training session

What is the career that acts as a neutral third party to settle disputes?

• arbitrators and mediators

• accountants and auditors

• software developers

• civil engineers

What is a location of a business called?

• branch

• employee

• product

• manager

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

• business analytics

• market speculation

• random sampling

• creative brainstorming

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

• career cluster

• career path

• job sector

• employment group

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

• cloud computing

• local computing

• edge computing

• on-premises computing

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

• company match

• salary deduction

• stock option

• annual bonus

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

• compensation, benefits, and job analysis specialists

• human resources assistants

• training and development managers

• recruitment coordinators