| A | B |
| entrepreneur | A person who organizes and runs their own business. |
| start-up costs | The initial costs of beginning a business. |
| goodwill | The loyalty and approval of existing customers. |
| franchise | The legal right to sell a company’s goods and services in a particular area. |
| sole proprietorship | A business completely owned by one person. |
| partnership | A legal arrangement where two or more people share ownership of a business. |
| corporation | A business chartered by a state that legally operates apart from the owner(s). |
| flextime | When workers construct their work schedules to suit their lives. |
| work environment | Your physical and social surroundings at work. |
| flextime | When workers construct their work schedules to suit their lives. |
| benefits | Extras your receive for employment, which could include retirement plans, health insurance, and vacation time. |
| postsecondary education | Education beyond high school. |
| financial aid | Financial assistance intended to aid students in reaching their educational goals. |
| cooperative program | An arrangement in which local businesses team up with schools, hiring students to perform jobs that use knowledge and skills taught in their school classes. |
| job shadowing | Following a worker on the job for a set period of time. |
| temp work | Short-term employment. |
| job | Work a person does to earn money. |
| occupation | The type of work you do. |
| career | A series of related jobs built on a foundation of interest, knowledge, training, and experience. |
| interests | The ideas, subjects, or activities a person enjoys. |
| skill | An action that you know how to do. |
| lifestyle | The way you use your time, energy, and resources. |
| career ladder | An illustration that shows a sequence of work in a career field, from entry to advanced levels. |
| transferable skill | Skills that you can use in many different situations. |
| lifestyle goal | The way you want to spend your time, energy, and resources in the future. |
| value | Beliefs and principles that are important to an individual. |
| work value | Something a person wants to get out of a job or that brings them job satisfaction. |
| aptitude | Natural talents a person has or the potential for learning a certain skill easily and quickly. |
| ability | A skill you have already developed. |
| decision-making process | A series of steps used to identify and evaluate possibilities and make good choices. |
| trade-off | Giving up one thing for another. |
| impulse decision | Snap decisions that require little thought or planning. |
| decision-making process | A series of steps used to identify and evaluate possibilities and make good choices. |
| trade-off | Giving up one thing for another. |
| routine decision | Decisions made often that require little thought. |
| impulse decision | Snap decisions that require little thought or planning. |
| global economy | The way in which the world's economies are linked. |
| outsourcing | When businesses hire other companies or individuals to produce their services or goods. |
| telecomute | Work from home or an office center using a computer, fax, and telephone to perform jobs. |
| lifelong learning | Continuing to learn more about new technologies, new practices, and new ideas throughout your life. |
| source | A thing or person that provides information. |
| exploratory interview | A short informal talk with someone who works in a career that appeals to you. |
| temp work | Short-term employment. |
| cooperative program | An arrangement in which local businesses team up with schools, hiring students to perform jobs that use knowledge and skills taught in their school classes. |
| job shadowing | Following a worker on the job for a set period of time. |
| internship | A short-term job or work project that usually requires formal commitment. |
| service learning | Programs that connect academic work with community service, allowing students to explore issues discussed in the classroom through personal experiences and community work. |
| primary source | A person, event, or document from which you get information directly. |
| secondary source | A source that does not directly provide information, but instead interprets and analyzes primary sources. |
| aptitude | Natural talents a person has or the potential for learning a certain skill easily and quickly. |
| global economy | The way in which the world's economies are linked. |
| job market | The demand for particular jobs. |
| outsourcing | When businesses hire other companies or individuals to produce their services or goods. |
| telecommute | Work from home or an office center using a computer, fax, and telephone to perform jobs. |
| team | An organized group that has a common goal. |
| lifelong learning | Continuing to learn more about new technologies, new practices, and new ideas throughout your life. |
| business cycle | Economic activity characterized by fluctuating levels of growth and decline. |
| economy | The way in which a group produces, distributes, and consumes its goods and services. |
| workplace | Where work is done. |
| business cycle | Economic activity characterized by fluctuating levels of growth and decline. |
| interest rate | The cost of borrowing money, usually expressed as a percentage. |
| job security | Freedom from the fear of losing one's job. |
| unemployed | To be without a job when able and willing to work. |
| economy | The way in which a group produces, distributes, and consumes its goods and services. |
| transferable skill | Skills that you can use in many different situations. |
| career ladder | An illustration that shows a sequence of work in a career field, from entry to advanced levels. |