Topic Test Answers

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A person with a _____ is expected to earn an average of $52,200 each year.

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A
Master’s Degree
B
High School Diploma
C
Bachelor’s Degree
D
Doctoral Degree
4

A disadvantage to joining a family business is that _____.

A
more can be achieved by working in a team
B
family relationships may be negatively affected
C
one individual must take on all of the financing responsibilities
D
there is little trust and loyalty
7

Continuing education opportunities allow adults to _____.

A
improve on their skills
B
complete their education
C
change careers
D
all of the above
8

Buying a franchise might be a good decision for someone who _____.

A
wants to create a new product or service
B
doesn’t want to work long hours
C
doesn’t have experience developing management systems
D
likes to work alone without many rules and regulations
9

In order for a teen to have a successful business, they must to do all of the following EXCEPT _____.

A
be prepared to work long hours
B
make a profit with the business
C
ignore customer satisfaction
D
be able to promote the business
11

What is one of the newest ways to receive education and training for your career?

A
online learning
B
vocational-technical centers
C
trade schools
D
universities
12

Most jobs today require post-secondary training.

A
T
B
F
14

Rowan is interested in becoming a florist. Her mother’s best friend works at the local flower shop and has agreed to let Rowan observe what she does after school for a week. This is an example of _____.

A
an internship
B
job shadowing
C
vocational education
D
volunteer work
15

A short-term job or work project that can be paid or unpaid and can lead to a full-time, paying position is called a(n) _____.

A
job shadow
B
temp job
C
internship
D
cooperative program
16

Ramona just completed several personal career profiles and is ready to make a career decision. Based on her career profiles, which of the following would be her best career decision?

A
Select the career where she will make the most money
B
Select the career that sounds the most fun
C
Select the career that is ranked lowest out of all of her career profiles
D
Select the career that best matches her personal information
17

Graduate degrees in the fields of law, business, and medicine are considered to be _____.

A
professional degrees
B
associate’s degrees
C
bachelor’s degrees
D
undergraduate degrees
19

A medium-term goal takes _____ to accomplish.

A
1-2 months
B
1-2 years
C
1-5 years
D
5-10 years
20

A business’ success depends on four key factors: financing, location, management, and _____.

A
opportunity costs
B
retail sales
C
competition
D
employment opportunities

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