I.O.                                                              Name ___________________

Ch. 1 - You and Business                           Date ____________________

 

I.     You and Business

 

       A.   _____________ - An activity that ___________ for the

wants and needs of a person, group, or organization.

1.    Business dealings touch your _________ every day.

2.    Ex. You eat, wear clothes, have a place to live.

 

       B.   ____________- A source of wealth or a thing of _______.

              1.    _______________ are needed by businesses to create ___________ to meet the needs and wants of others.

              2.    Each individual provides resources for ___________.

 

II.    You as a Customer & Employee

 

       A.   You as a ________________

              1.    Satisfying Personal Needs & Wants

                     a.    ____________ - a person or organization that makes a_____________.

                     b.    When you purchase a product you are providing _____________ to both the store ___________ the product and company that ___________ the product.

              2.    Creating ____________

                     a.    _____________ - A need or want, especially for ___________ or _____________.

                     b.    As products become known to people and _____  in popularity, demand ____________.

              3.    Obtaining Necessary _____________ (____)

                     a.    __________ to save money.

                     b.    Save your _____________.

                     c.    _______________ money.

 

       B.   You as an ________________

              1.    _____________ - a person who works for someone else, usually for _________ or a __________.

              2.    People must fill particular ________ in the production of goods and services.

 

C.   Jobs as ____________________

1.    _____________ - A person or business that _______ or creates jobs for other people.

              2.    Going to work is a business ________________.

                     a.    A job is a continuing business transaction representing a _________ of buying and selling.

                     b.    ___________ - A __________ agreement between two or more parties.

                           1)    _____________ or ______________

                           2)    ______ obligations of employer & employee

                     c.    ____________ - Something that must be done, completed, or paid according to a previous ________________.

 

III.  Obligations of Employers

 

       A.   Employer's _______________ to their Workers

              1.    __________________

              2.    __________________

              3.    _____________________________________

              4.    _____________________________________

              5.    ______________

              6.    _______________________

              7.    _______________________

              8.    _____________________________________

 

B.   Instruction & Supervision

       1.    _____________- Overseeing and directing activities.

       2.    _____________

a.    A person who __________ and __________ the work of others.

                     b.    While on the job your supervisor should be able to look at what you do and ______ you whether or not your work is ___________________.

 

       C.   Clean, Safe Conditions

              1.    An employer has a responsibility to provide a _____, ________ place for you to work.

              2.    If dirt is involved with the job the employer should provide a way for your to handle the situation.

a.    _________________

b.    ___________________________

              3.    If safety is a factor on the job, special equipment and training should be provided.

a.    Special goggles to ___________ your eyes.

b.    Special breathing equipment to ___________ you from fumes.

 

       D.   Wages

              1.    ______________

a.    Def. - A ____________, usually of money, in return for work performed.

b.    Usually paid on an ___________ basis.

              2.    ___________________

a.    A set _______ of payment to an employee, usually on a ________ or ________ basis.

b.    ______ necessarily tied to the number of _________worked.

              3.    Pre-set pay dates should be set when you accept a new job.

 

E.   ______________ ________________

1.    Def. – Payments or values received by employees _______________ to wages or salary.

2.    Typical Fringe Benefits

a.    health ________________

b.    ____________ or pension plans

c.    ______________ days

d.    _________ days

e.    ________ uniforms

f.     _________ company cars

3.    Fair Treatment & Honesty

a.               Working in an atmosphere that is ______ of prejudice and favoritism.

b.    _____________ – an opinion or action ____________someone or something ________ jst or sufficient cause.

c.    ________________– (partiality) granting special favors, usually at the ____________ of others.

4.    __________________

a.               A fair chance to ______________.

b.              A fair chance to gain ___________________.

c.               Not all will gain advancement, however those who do should receive it __________ on their _________________.

 

F.    Obligations of Employees (___________________)

1.              Regular _____________________

a.               Be on __________ (time is the main resource you are selling).

b.              Be _____________ or your value falls.

2.              ________________ – ________________ to a person or to an organization.

a.               You need to act in the best ____________ of your employer.

b.              Don’t speak ___________ of your employer.

c.               Don’t do things to ____________ their business.

d.              Be sure to keep private information “_________________________.”

3.              Ability to follow _____________________.

a.               Agree to ___________ instructions given by _____________________.

b.              ______________________ is necessary.

4.              ________________ in a Product

a.               A business exists to sell a product and ________ employee should be ___________ in building and maintaining the quality of that product.

b.              A product may be a __________or __________.

1)             _________ – ____________ item for sale, merchandise (automobile)

2)             _________ – an ____________ that benefits others (haircut).

3)             combination:

good = food

restaurant

                                                service = prepare & serve

 

5.              _____________________

a.               Having to ______________ for one’s own ______________ or obligations.

b.              Be ______________ of your duties.

c.               Major responsibilities –___________ your job and ____________ it as well as possible.

6.              _______________________

a.               Def. – measure of how _________ you contribute to your employer.

b.              Are you efficient?

 

IV.       Building Your Resources

 

A.           Your Main __________________

1.              ________________

2.              ________________

 

B.            Unskilled individuals are without any job-related _____________ or _____________ abilities.

 

C.            Skilled individuals have a higher level of ________.

 

D.           _______________ your value by improving your job-related skills.

1.              ______________ School

2.              Gaining Work _____________

3.              ______________ Workshops

4.              Learning from ____________ Workers

5.              _____________ Information Related to Your Job

 

E.            Work as a ____________

1.              _____________ – Path of work experiences a person ______________ through the world of work.

2.              career ___________– upward steps or _______________ opportunities provided in one’s work as you grow in work experience and skills, you climb the rungs ______________ success.

 

F.             ______________ Resources

1.              While in High School

a.               Work _________-time during school and focus on_____________ ___________.

b.              Work _________-time during summer vacations.

2.              After High School

a.               _____________/_______________

b.              A career that requires ______________ knowledge and often long and intensive schooling.

1)             Examples

a)              _________________

b)             _________________

c)              _________________

d)             _________________

c.               Technical or _______________ School

1)             ______________ students for a specific kind of work.

2)             Special skills are ____________.

3)             Often ___________in high school.

d.              On-the-Job Training and Work Experience

1)             _________ __________while working.

2)             Usually under a ________________.

e.               ________________ Education

1)             Schooling or ____________ training for people already working.

2)             Helps people __________ advanced or _____________ technology.

 

V.           Satisfaction & Work

 

A.           ______________ ______________

1.              _____________– The amount of ________you make.

2.              ___________________ – Knowing you have done a good job and the _____________ it gives you.

3.              _______________ – Knowing that others notice and __________ your ________________.

4.              _________________ – ______________that you have a _________ to __________and advance in a company.

5.              __________ ___________ - Because you spend many of your waking hours at work you may make close _________________ there.

6.              Time for ____________&_____________– free time and vacation time.

 

B.          Satisfying Your Employer (    your value to the employer)

1.              Regular __________– you are able to be relied upon.

2.              __________to Follow Instructions – You are there for the ___________of the company.

3.              ___________________ – As you become better at your job, you become worth _____ to your company.

4.              ___________Attitude – Positive approach ________ your work.

5.              _______________- This shows that you ______ and can be ___________on.

6.              ________________ - You belong to a team with the same goal in mind – __________________.

 

VI.       The ___________ Market – The availability or ______________of jobs for persons with specific skills or experience.

 

Your Goal:  To develop your resources so that you can seek the best price the market can offer.