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8th Grade Exploring Business Course Vocabulary

Total questions: 36

Worksheet time: 18mins

Name
Class
Date
1.

What is the company-sponsored retirement plan called?

a)

401(k)

b)

IRA

c)

Roth IRA

d)

Health Savings Account

2.

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

a)

administrative services managers

b)

graphic designers

c)

software developers

d)

accountants

3.

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?

a)

annual evaluation

b)

job application

c)

exit interview

d)

training session

4.

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

a)

arbitrators and mediators

b)

accountants and auditors

c)

software developers

d)

civil engineers

5.

What is a location of a business called?

a)

branch

b)

employee

c)

product

d)

manager

6.

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

a)

business analytics

b)

market speculation

c)

random sampling

d)

creative brainstorming

7.

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

a)

career cluster

b)

career path

c)

job sector

d)

employment group

8.

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

a)

cloud computing

b)

local computing

c)

edge computing

d)

on-premises computing

9.

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

a)

company match

b)

salary deduction

c)

stock option

d)

annual bonus

10.

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

a)

compensation, benefits, and job analysis specialists

b)

human resources assistants

c)

training and development managers

d)

recruitment coordinators

11.

What is pay for work performed called?

a)

compensation

b)

vacation

c)

promotion

d)

deduction

12.

What is the career that provides help and advice to other computer users and businesses called?

a)

computer support specialists

b)

network engineers

c)

software developers

d)

database administrators

13.

What is it called when information is accessed, used, or stolen by an unauthorized person?

a)

data security breach

b)

data backup

c)

data encryption

d)

data compression

14.

What is information, including facts and statistics, called?

a)

data

b)

energy

c)

matter

d)

emotion

15.

What is the career that is responsible for storing, organizing, and securing business data called?

a)

database administrator

b)

network engineer

c)

web developer

d)

system analyst

16.

What is the unfair treatment of people based on characteristics like race or gender called?

a)

discrimination

b)

cooperation

c)

integration

d)

celebration

17.

Fill in the blank: The assignment of different tasks to different groups of people is called _________.

a)

division of labor

b)

specialization

c)

centralization

d)

delegation

18.

Fill in the blank: Training taught by someone from outside your company is called _________.

a)

external training

b)

internal training

c)

on-the-job training

d)

peer training

19.

Fill in the blank: Training taught by someone that works for the same company as you is called _________.

a)

internal training

b)

external training

c)

online training

d)

certification training

20.

Fill in the blank: The complete list of items that a business has for sale is called _________.

a)

inventory

b)

revenue

c)

liability

d)

capital

21.

Fill in the blank: A career that focuses on interpreting and administrating labor contracts is called _________.

a)

labor relations specialists

b)

human resources manager

c)

recruitment officer

d)

training coordinator

22.

Fill in the blank: A career that is responsible for planning and organizing large meetings, conferences, and conventions is called _________.

a)

meeting and convention planners

b)

event decorators

c)

travel agents

d)

public speakers

23.

Fill in the blank: A small business owned by a family is called a _________.

a)

mom-and-pop establishment

b)

corporate chain

c)

franchise

d)

startup

24.

Fill in the blank: A group of computers that all communicate in the same way is called a _________

a)

network

b)

database

c)

browser

d)

server

25.

Fill in the blank: The first step toward hiring someone to fill a vacant position is called an _________.

a)

offer of employment

b)

exit interview

c)

performance review

d)

job description

26.

Fill in the blank: The way that a user controls a device is called an _________

a)

operating system

b)

application

c)

hardware

d)

network

27.

Fill in the blank: A career that identifies and solves business problems by collecting information and using it in models and simulations is called an _________

a)

operations research analyst

b)

financial advisor

c)

marketing manager

d)

software developer

28.

Fill in the blank: Leaders that strive toward what is best for the individuals and the larger company at the same time are called _________

a)

organizational leaders

b)

transactional leaders

c)

autocratic leaders

d)

laissez-faire leaders

29.

Fill in the blank: An informational meeting for new employees is called an _________.

a)

orientation session

b)

performance review

c)

exit interview

d)

promotion ceremony

30.

Fill in the blank: The person responsible for planning, monitoring, and controlling a project is called a _________.

a)

project manager

b)

team member

c)

stakeholder

d)

sponsor

31.

Fill in the blank: Businesses that are owned by the state or federal government are called _________

a)

public corporations

b)

private companies

c)

partnership firms

d)

sole proprietorships

32.

Fill in the blank: Stores that sell finished goods to customers in exchange for money are called _________.

a)

retail stores

b)

wholesale stores

c)

manufacturing units

d)

distribution centers

33.

Fill in the blank: A document explaining when employees are supposed to arrive at and depart from work is called a _________.

a)

schedule

b)

invoice

c)

memo

d)

contract

34.

Fill in the blank: A career that is in charge of planning, coordinating, and directing training programs for an organization is called _________.

a)

training and development managers

b)

accountants

c)

software engineers

d)

marketing analysts

35.

Fill in the blank: A ________ is a worker who plans, conducts, and administers training to improve workers’ skill and knowledge.

a)

training specialist

b)

accountant

c)

sales manager

d)

security guard

36.

Fill in the blank: ________ means locations.

a)

venues

b)

vehicles

c)

vegetables

d)

ventures