Knowt
Business Exam
Organization
Having things you need
Knowing where your things are
Knowing and meeting deadlines
Completing tasks and focus with less stress
4 ways to stay organized
Organise yourself
Organise your space
Organise your things
Organise your time
Time management is how you use your time
The Positive and negative effects of time management
What happens when we do not time manage | What happens when we do time manage |
Messed up schedule | Easier schedule |
Becomes tardy | More organized |
Stress | On time better impression on people |
Procrastinating | Free time |
Problem Solving
A problem is a question, and problem solving is finding a solution to that question.
Skills to solve problems - Asking for help, teamwork, communication, adaptability, understanding
Critical thinking skills help us solve problems and make sense of the world around us
Critical thinking is an important skill to have
You will become a better learner – you are not just memorizing facts, you are knowing what each fact means.
Make informed decisions – make good choices in life with integrity and respect
Resolve conflicts – you listen to other opinions and find a solution that works for everyone
Inventions that have changed how the world works or have made our lives easier
The internet
Concrete
Refrigerator
Cellphones
Batteries
Vaccines
Compass
Airplane
X-rays
Cars
GPS
Motivation and Overcoming Challenges
Self motivation
Knowing the skills you have and putting them to good use
Intrinsic motivation
Someone who is motivated to perform an activity for its own sake and personal rewards
Extrinsic motivation
Someone who is motivated to perform an activity to earn a reward or avoid punishment
Adaptability
Being open to change and changing your mindset based on new information
Look at the word FAIL differently
First
Attempt
In
Learning
Tips on how to handle failure
Take responsibility - gives you the power back to try and make sure that it does not happen again (Make changes)
Don’t dwell - failures happen all the time. It is one moment in time and the sooner you look to try again the better you will feel
Learn from it - there is an opportunity to learn from the lesson that comes from failure (Learning experience)
Accept your emotions - allow yourself to feel the various emotions that come from failure, especially the not so nice ones because it helps to find better solutions for next time. (Accept that everyone makes mistakes)
Be kind - we are the first to be hard on ourselves, which leads to creating negative thoughts and the best thing to do is reframe your thoughts into positive self-talk.
Qualities of a good leader
Communication
Difrienciates
Provides
Responsibility
Bravery
Empathy
Good listener
Confidence
Word processing programs → Google docs and Microsoft Word
Single line spacing → Layout > Spacing > 0pt
Double line spacing → Home > Paragraph > Line and paragraph spacing > 2.0
Know how to:
Bold → Highlight characters > Home tab > B
Underline → Highlight characters > Home tab > U
Italics → Highlight characters > Home tab> I
Copy → Ctrl + C
Cut → Ctrl X
Paste → Ctrl V
Print → Ctrl P
Bulleted and numbered points are found in the home tab
3 Different Alignments
Right
Left
Centre
Be able to change font style
Font color → home tab >
Font size → home tab →
Inserting an image → Insert > Image
Inserting a table → Insert > Table
10 Parts of a business letter (in order)
1. Sender’s Address – Street number, street name, city, province, postal code
2. Date - Month number, year
3. Receiver's Address - Street number, street name, city, province, postal code
4. Subject line - purpose of letter, needs to be bolded
5. Salutation - Dear Sir/Madam
6. First body paragraph- introducing yourself and the purpose of your letter
7. Second body paragraph - 3 reasons for the letter
8. Closing Paragraph - thanking the receiver and providing contact information
9. Complimentary Close - (Sincerely, regards)
10. Signature (writers identification)
Recognise and identify the mistakes made in a business letter and make the corrections
Microsoft Excel Definitions
Spreadsheet → Microsoft excel
Spreadsheet softwares = Microsoft Excel and Google Sheets
Cell → Formed by the intersection of a row and column (F12)
Row → Cells that are aligned vertically represented by a number
Column → Cells that are aligned horizontally represented by a letter
Formulas To Know
Addition =sum(A1:D1) > enter or =A1+B1 > enter
Subtraction =A1-B1>enter
Multiply =A1*B1
Divide =A1/B1
Average =average(A1:D1) > enter
Highest =Max(A1:D1) > enter
Lowest =Min(A1:D1) > enter
Creating a Graph
Types of Graphs
Bar Graph - a visual representation of data
Line Graph - displaying quantitative values over a specified time interval
Pie Graph - Visualizing and comprehending categorical and numerical data
Title for the graph
Insert Graph > Add chart element > Axis title > Primary Horizontal
Insert Graph > Add chart element > Axis title > Primary Vertical
Add percentages to pie graph
Add chart element > Data labels > best fit
Legend
Add both the numbers and labels from the spreadsheet onto your graph
Financial Literacy Terms
Needs → Something for survival, necessity.
Examples: Food, water, shelter.
Wants → Something you can live without
Examples: Dishwasher, cookies, headphones
Income → Money that you make
Expenses → Money that you spend
Fixed Expenses → Same amount all the time
Example: car payment
Variable expenses → The amount changes Example: sale at the grocery store
Budgeting
Budget → Shows the amount of money you spend
Shows income and expenses
4 types of budgeting strategies
50/30/20 → 50% of your income should go towards expenses you have to pay.
30% the money you can spend on what you want
20% you put away in savings
Example – $200 income
$200 x .50 = $100 (expenses)
$200 x .30 = $60 (spending)
$200 x .20 = $40 (savings)
Pay yourself first → You automatically take the same amount of money each month and put it into savings then the rest of the money is for expenses and savings.
Example – $200 income
Always place $50 in savings
Envelope Budget → You have a separate envelope for every expense and an income.
Slide → Gives information through text and graphics
Transition → effects between slides
Designer → gives ideas on how to arrange texts and images on a slide
Slideshow → after the completion of of each slide this is used to see how the slide will look for the audience
Design a Presentation
8 features or designs that should be considered when making a Powerpoint presentation
Insert pictures that relate to the topic
Use transitions, such as zoom effect or morph to go between slides
Change the background to either a single colour, or a faded image
Edit font spacing based on what it looks like on the slide
Change the font style - the title should have a different font than the text
Insert a graph to show data
Avoid paragraphs - use bulleted lists, numbered lists or tables
Use different slide layouts or slide designer
