Career Planning Lesson 2 Exam Study Guide Solutions

Career Planning Lesson 2 Exam Study Guide Solutions Career Goals - ANSWER-The unique and personal goals an individual wishes to accomplish as a result of working. Career Category - ANSWER-A defined category or group of jobs. Each job within the category requires a similar amount of education, training and experience. Career - ANSWER-The category or field of work an individual chooses. An individual's career consists of the sequence of jobs they will hold within their selected career field. Career Groups - ANSWER-A large collection of career categories that have similar requirements for education, skills, training and knowledge BLS - ANSWER-Acronym for the Bureau of Labor Statistics. The BLS is the government agency responsible for tracking income, expense, and labor statistics in the USA. Job - ANSWER-A set of specific duties performed by an employee within a company. There are literally hundreds of different jobs within each of the career categories or fields. ©EMILLECT 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH OCTOBER 2024 Page 2/4 Entry-Level Job - ANSWER-A job that can be performed by an individual who has just entered the work force, but has the required amount of education and/or training. General Equivalency Diploma - ANSWER-Commonly abbreviated as a 'GED'. A GED is generally considered equivalent to a high school diploma for individuals who did not complete high school. GED - ANSWER-Abbreviation for a General Equivalency Diploma. A GED is generally considered equivalent to a high school diploma for individuals who did not complete high school. Skill Set - ANSWER-The total set of skills and work attributes an individual possesses. The skills and attributes may be acquired through formal schooling, training or work experience. Career Paths - ANSWER-The different paths an individual can follow in order to achieve their career goals within a selected career category. Linear Career Path - ANSWER-Individuals who follow a linear career path will continually accept jobs with increasing levels of responsibility and authority within a selected career category. Expert Career Path - ANSWER-Individuals who follow an expert career path will obtain an appropriate amount of education to be considered an expert at a selected job and then work at that job for their whole career. ©EMILLECT 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH OCTOBER 2024 Page 3/4 Spiritual Career Path - ANSWER-Individuals who follow a spiral career path will select a different job within their career category that has the same level of responsibility and authority after becoming highly competent at their existing job. Transitory Career Path - ANSWER-Individuals who follow a transitory career path will continually accept jobs in totally unrelated career categories. Millionaire - ANSWER-An individual whose wealth is estimated at one million dollars or more. Normal Retirement Age - ANSWER-The age at which an individual is eligible to receive 100% of the Social Security benefits they are entitled to. It is based on the month and year the individual was born and currently ranges from 65 to 67 years of age. CEO - ANSWER-Chief Executive Officer. The CEO is the executive with the highest level of decision- making authority within an organization or business. LifeStyle - ANSWER-The typical manner in which an individual or group is accustomed to living, especially regarding economic conditions. Job Skills - ANSWER-The skills necessary to successfully perform a specific job. There are common job skills that most employers believe are beneficial for all employees to hav