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personal finance vocab
personal finance vocab
21
Finance
11th Grade
09/22/2009

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Term
professions occupational group
Definition
this is a career group where knowlege is key.
ex. doctors, lawyers, and accountants.
Term
service jobs
Definition
large and increasing sector of the market. they use highly sophisticated info.
Term
job analysis
Definition
will help you figure out what job best fits you, Also can help you find what kind of schooling and education you need.
Term
salary
Definition
the amount of monthly or annual pay that you will earn for your labor.
Term
benefits
Definition
are company-provided supplements to salaries, such as sick pay, vacation time, and health insurance
Term
promotion
Definition
ability to advance, accept more responsibilities, and eventually to work your way up to higher positions.
Term
employee expenses
Definition
includes any costs paid by an employee that are not reimbursed by employer
ex. uniform, special clothing, maintenence, and replacement
Term
work characteristics
Definition
are daily activities at work
ex. indoor verses, outdoor work, working alone with people, job pressures, time between breaks
Term
enterepreneur
Definition
someone who organizes,manages, and assumes risk of a buisness
Term
upgrading
Definition
advancing to higher level of skill to increase your usefulness to an employer.
Term
retraining
Definition
to learn new and different skills so that an employee can retain the same level of employability.
Term
advanced degree
Definition
specialized, intensive programs(taken after first college degree) prepares students for higher level work responsabilities
Term
placement center
Definition
offers advice and counseling to help you determine a career direction
Term
self-assessment inventory
Definition
lists your strong and week points and gives you a idea of how to prepare for a career
Term
developing country
Definition
nations that currently have little industry and low standard of living. they represent opportunities for international businesses to invest
Term
network
Definition
effective way to obtain useful information. are informal groups of people with common interests
Term
lifelong learning
Definition
actively seeking new knowledge, skills, and experiences
Term
e-business infrastructure
Definition
Term
e-business infrastructure
Definition
the basic elements that together support something, for example, the network and systems that support computing,public service & facilities that support business activity
Term
e-business processes
Definition
systems employed by a business to make it run efficiently
Term
e-commerce
Definition
buying and selling of products or services by using the internet
Supporting users have an ad free experience!