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Exam 2: Financial Aspects of Career Planning

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Question 1

Multiple Choice

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A(n) ____________ is an employment position that is obtained mainly to earn money.

A) career
B) job
C) internship
D) apprenticeship
E) cooperative

F) D) and E)
G) A) and B)

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Question 2

Multiple Choice

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Brock Trotter has gone to monster.com as well as his local newspaper and has found five job possibilities that he feels fit his abilities and interests.Which step in the career planning and advancement process has Brock completed?

A) Assess and research personal goals, abilities, and career fields.
B) Research the employment market and identify specific employment opportunities.
C) Develop a resume and cover letter to apply for available positions.
D) Interview for available positions and assess interview performance.
E) Evaluate financial and other factors of positions offered.

F) C) and D)
G) D) and E)

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Question 3

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Certain careers increase and decrease in demand based on changes in interest rates.

Which one of the following is defined as a commitment to a profession that requires continued training and offers a clear path for occupational growth?

Jeremy Irons has done some research and has discovered that average incomes are high in metropolitan areas such as Boston,New York,Los Angeles,and Chicago.Based on his findings,Jeremy believes these areas will experience greater population and job growth as a result.This is an example of _____ influencing jobs in the future.

The purpose of an informational interview is to:

Which one of the following would likely lead to the most added income over an individual's working career?

Continuing career education can be through formal or informal methods.

To determine the difference between two job offers with different salaries and employee benefits,you can use which method?

Tom Husson recently coordinated a fund raising project for an organization that assists homeless youth.This would most likely be an example of experience in:

Which of the following is an example of the type of information that you would not include on a resume unless it applies to specific job qualifications?

Lisa Trotter wants to gain some needed experience so when she is ready to start a career she has something to offer a company.She has decided to help with the homecoming parade for the University of Central Oklahoma where she goes to school full-time.Which of the following employment strategies is she pursuing?

Having a relationship with a mentor can provide the following benefit(s) :

A type of employee benefits program that allows workers to base their job benefits on a credit system and personal needs is called:

Which of the following is the point at which retirement contributions made on your behalf by the company belong to you even if you no longer work for the company?

Changes in the demand for goods and services are an example of a(n) ____________ influence on the job market.

Tara Guest wants to gain some needed experience so when she is ready to start a career she has something to offer a company.She has decided to help the Edmond Historical Society present programs to local school children.Which of the following employment experience strategies is she pursuing?

Libraries usually have a variety of information sources for career planning including government publications and industry brochures.

Louise Ellis recently has been offered employment in another city.She has been employed in her current position for four years.What factors should Louise consider when evaluating this new position?

References are generally omitted from a resume.