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Career Decisions

Total questions: 16

Worksheet time: 8mins

Name
Class
Date
1.
Benefit to continuing education after high school
a)
Higher sense of well-being
b)
More opportunities to meet possible dates
c)
Increased market value and higher income
d)
All of the above
All of the above
2.
Lifestyle trade-offs are
a)
Not significant to your well-being
b)
Compromises that affect the way you live
c)
Bartering for goods and services
3.
There are opportunity costs to every decision.
a)
True
b)
False
4.
The following is NOT considered a transferable skill.
a)
Presenting to a group
b)
Negotiating
c)
Sculpting a Bonsai tree
d)
Conflict resolution
5.
Financial benefits are the only factor to consider when making a decision concerning college or your career.
a)
True
b)
False
6.
Trade-offs involve weighing the costs and benefits of a decision against all options.
a)
True
b)
False
7.
Which type of business is the simplest to start?
a)
Partnership
b)
Cooperative
c)
Sole Proprietorship
d)
Corporation
8.
___________________ raise money by selling shares of the company.
a)
Sole Proprietorship
b)
Franchise
c)
Partnership
d)
Corporation
9.
In which type of business must you pay a start-up fee?
a)
Franchise
b)
Partnership
c)
Cooperative
d)
Corporation
10.
In which type of business must you pay a start-up fee?
a)
Franchise
b)
Partnership
c)
Cooperative
d)
Corporation
11.
Which type of business is operated for the benefit of its members?
a)
Corporation
b)
Partnership
c)
Franchise
d)
Cooperative
12.
People who invest in their own human capital over a lifetime tend to
a)
Earn lower wages
b)
Save less money
c)
Earn higher wages
d)
Stay in the same career
13.
What pair of words best describes a person who has a job that is a good fit?
a)
Wealthy and respected
b)
Productive and efficient
c)
Famous and important
d)
Disinterested and wealthy
14.
What can farmers form to more easily sell thier crops and buy farming equipment?
a)
Cooperative
b)
Partnership
c)
Corporation
d)
Limited Liability Corporation
15.
Which is NOT a way to develop self knowledge about one's values, traits, and skills?
a)
Criticizing others
b)
Keeping a personal journal
c)
Talking others about the future
d)
Finding volunteering opportunities
16.
What is one way that people invest in their human capital?
a)
Take any suitable job to make money
b)
Find a job with great benefits
c)
Continue their education
d)
Go to work for a very large company