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CE 14

CE.14 – CAREER PLANNING & HUMAN CAPITAL

QuestionAnswer
WHAT IS THE FIRST STEP IN CAREER PLANNING? Self-assessment.
WHAT IS SELF-ASSESSMENT? Evaluating personal interests, skills, talents, and goals
WHY IS EDUCATION IMPORTANT IN CAREER PLANNING? Higher education and skills often lead to higher income
WHAT IS HUMAN CAPITAL? The knowledge, skills, experience, health, and training that make a person productive.
HOW DOES SUPPLY AND DEMAND AFFECT WAGES? Jobs in high demand with limited supply pay higher wages.
HOW DOES TECHNOLOGY AFFECT CAREERS? It creates new jobs and eliminates some existing jobs.
WHY DO EMPLOYERS VALUE A STRONG WORK ETHIC? It demonstrates reliability, responsibility, and productivity
WHAT BEHAVIORS REFLECT A STRONG WORK ETHIC? Punctuality, effort, honesty, responsibility
WHY IS ADAPTABILITY IMPORTANT IN TODAY’S WORKFORCE? Technology and economic conditions constantly change.
WHY IS SAVING IMPORTANT? To prepare for emergencies and future goals.
WHAT IS INVESTING? Using money to earn additional income over time.
WHY IS DIVERSIFICATION IMPORTANT IN INVESTING? It reduces financial risk
WHAT IS RETIREMENT PLANNING? Saving and investing money for financial security later in life
WHY MUST INDIVIDUALS UNDERSTAND CONTRACTS AND WARRANTIES? To protect themselves legally and financially.
Created by: Lisa K Ball
 

 



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