Business Exam

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19 Terms

1

What are the key elements of being organized?

Having things you need, knowing where your things are, knowing and meeting deadlines, completing tasks and focusing with less stress.

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2

List the four ways to stay organized.

Organize yourself, organize your space, organize your things, organize your time.

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3

What is time management?

How you use your time.

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4

What are some consequences of poor time management?

Messed up schedule, tardiness, increased stress.

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5

What is a problem?

A problem is a question that requires a solution.

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6

What skills help in problem solving?

Asking for help, teamwork, communication, adaptability, and understanding.

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7

How does critical thinking benefit problem solving?

It helps us understand the world better and allows us to make informed decisions.

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8

What is intrinsic motivation?

Motivation to perform an activity for its own sake and personal rewards.

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9

What is extrinsic motivation?

Motivation to perform an activity to earn a reward or avoid punishment.

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10

What does adaptability entail?

Being open to change and adjusting your mindset based on new information.

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11

What does the acronym FAIL stand for in a positive perspective?

First Attempt In Learning.

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12

Name a tip for handling failure.

Take responsibility, don't dwell, learn from it, accept your emotions, or be kind.

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13

What qualities make a good leader?

Communication, responsibility, bravery, empathy, good listening, and confidence.

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14

What are the steps in formatting a business letter?

Sender’s address, date, receiver's address, subject line, salutation, body paragraphs, closing, complimentary close, and signature.

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15

What is a spreadsheet?

A digital grid for organizing and analyzing data, typically created using software like Microsoft Excel or Google Sheets.

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16

Define fixed expenses.

Expenses that remain the same every month, such as rent or a car payment.

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17

What is the 50/30/20 budgeting strategy?

50% for necessities, 30% for wants, and 20% for savings.

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18

What does a slide in a presentation do?

Gives information through text and graphics.

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19

What is the purpose of transitions in a slideshow?

Effects applied between slides to enhance visual flow.

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