Intro to Business

1. Intro to Business Unit Six Review Careers in Our Economy Career Exploration & Development

2. Chapter 18Human Resources in Our Economy • Tools and equipment could not be operated nor could roads and buildings be built without human resources • Both goods-producing industries and service-producing industries employ people in a variety of occupational groups. • Consumer influence, business cycles, new technologies, business competition, and societal factors affect job opportunities • Factors affecting the workplace of the future include the role of government, the changing work force, and technological improvements.

3. Chapter 19Planning a Career • Career planning is a process of looking into careers and into oneself to determine what preparation should be made for a future career. • Important sources of career information include school libraries, career resource centers, government publications, government employment offices, and career information interviews.

4. Chapter 19 Planning a Career • Personal values can be determined through answering a series of questions. Talents and abilities can be learned through analyzing courses taken and liked or disliked.

5. Chapter 19Planning a Career • When making a career decision, including a tentative one, there are five decision-making steps that should be followed: 1. gather information 2. Analyze what has been learned 3. Think about different plans of action 4. Select a plan of action 5. Evaluate the career decision

6. Chapter 19 Planning a Career • Scholarships, student loans, and part-time work can help students gain the needed additional education beyond high school

7. Chapter 20Succeeding in the World of Work • Letters of application and personal data sheets are important and must be prepared carefully. • Sources of job leads include friends, relatives, neighbors; school counselors and teachers, school placement officel employment agencies; newspaper ads; help wanted signs; career publications

8. Chapter 20Succeeding in the World of Work • Completing an employer’s application form is an important “first job task” and should be done carefully, neatly, and completely. • Preemployment tests are used by employers to screen applicants for skills and abilities that are needed to perform certain jobs.

9. Chapter 20Succeeding in the World of Work • To have a successful position interview, you should be • on time, • go alone, • dress properly, • be calm, • Leave when it is over, • Thank the interviewer, • Send a brief thank-you letter • Be patient in waiting for a response

10. Chapter 20Succeeding in the World of Work • The following behaviors help lead to success on ta job: • Asking questions • Avoiding complaining • Honoring breaktime • Have a good appearance • Getting to work on time • Being friendly • Doing work well • Following rules

11. Chapter 20Succeeding in the World of Work • Getting along with co-workers includes • Learning from them • Being friendly with everyone, • Accepting and giving praise • Being dependable • In leaving a job: • Give proper notice, • complete existing projects • Have a constructive exit interview • Show appreciation to co-workers

12. Chapter 21Opportunities in Small Business • A small business is one that has: • The owner as manager • Is not dominant in its field of operation • Employs fewer than 500 people • Usually serves the local community

13. Chapter 21Opportunities in Small Business • Small businesses fail because owners: • Do not keep adequate records • Do not have enough start-up money • Lack sales and management experience • Lack experience in the type of business owned • Do not control operating expenses • Have a poor business location • Fail to manage payments due from customers for purchases made

14. Chapter 21Opportunities in Small Business • Small business owners can get help from • The Small Business Administration • Small Business Institutes • Organizations such as SCORE

15. Chapter 21Opportunities in Small Business • Successful small-business owners tend to be: • Self-starters • Leaders • Planners • Hard workers • Decision makers • Achievers • They are responsible, trustworthy, and healthy individuals.