Business Exam

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.

List the four ways to stay organized.

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

What is time management?

How you use your time.

What are some consequences of poor time management?

Messed up schedule, tardiness, increased stress.

What is a problem?

A problem is a question that requires a solution.

What skills help in problem solving?

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

How does critical thinking benefit problem solving?

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

What is intrinsic motivation?

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

What is extrinsic motivation?

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

What does adaptability entail?

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

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

First Attempt In Learning.

Name a tip for handling failure.

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

What qualities make a good leader?

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

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.

What is a spreadsheet?

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

Define fixed expenses.

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

What is the 50/30/20 budgeting strategy?

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

What does a slide in a presentation do?

Gives information through text and graphics.

What is the purpose of transitions in a slideshow?

Effects applied between slides to enhance visual flow.