Employability Skills
What are employability skills?
Employability skills are skills that are needed to get a job.
What is an entrepreneur
An entrepreneur is a person who takes risks to start a business.
Why do you need a resume?
You need one to show your future employer about your achievements and what you can do.
What is a business pitch?
A business pitch is a business proposal/idea.
What is a proprietor?
A proprietor is someone who owns a business.
What are examples of employability skills.
Critical thinking skills, problem solving skills, organization skills, interpersonal skills, creativity skills, teamwork skills, communication skills, etc...
Why do people want to be entrepreneurs?
To follow their dreams, to be their own boss, and to possibly make a profit.
What do you need to obtain a job.
First you need to get a resume, basically a letter stating your achievements. You should also already have employability skills that are needed in your workplace.
What is a business venture.
A business venture is a business plan that is expected to gain financial profit.
What is a sole proprietorship.
A sole proprietorship is a business that only has one person owning the business.
Why are employability skills important?
They are important because to get a job or communicate efficiently, you need to have employability skills.
What does a person have to do to become an entrepreneur.
They have to have knowledge on the company they want to open, knowledge on finances and marketing. On top of that, they need to have enough money to sustain the business.
What are the parts of a business letter?
The heading, The inside address, The salutation, The body ,The closing ,and The signature.
What is ROI?
ROI means return on investment. It means making a profit from an investment.
What is a partner proprietorship?
It is a business who had 2 or more owners.
What do the jobs "Baker" and "Construction Worker" have in common? Give examples of how.
They both require employability skills.
They both require teamwork to efficiently make a cake or building. They also require organizational skills to properly make their cakes/buildings. For example, the builders need to have all their wood in one place, or in small groups depending on how large the building is. The bakes need to know where all their ingredients are, so that they don't mix, for example, flour and corn starch.
Why do most people fail while creating their business?
They don't have enough money, or they didn't get enough business. They maybe didn't reach their target audience, or they weren't making enough profit to sustain the business.
What is the point of a business letter?
To send a formal proposal to another business/ business partner. This is needed to communicate professionally through email or mail.
A business opportunity is a proposal/ opportunity to a business owner. This can help them improve their business, or they can end up regretting accepting it. Its a proposal from another person or another business.
What is a corporation?
A corporation is a company that is separate from its owners. They can do the same things as a business, but its multiple people acting as one.
What employability skills apply to the following situation.
Linda and Reggie are candy makers. They need to keep all their ingredients separate so that there will be no contamination. They also work together to pull the candy, for example when they pull taffy. They also need to get along with customers and other co-workers.
The following skills apply to the situation:
Organizational skills, interpersonal skills, and teamwork skills.
What are the risks being an entrepreneur?
Their businesses might fail, some risks that they take might fail and make their entire business collapse. They also may not have a set paycheck, and they have to adapt extremely easily to new challenges. Everything they worked for could just end up breaking apart. They also could go bankrupt. Sometimes they get business proposals that they could end up regretting that they accepted/ that they didn't accept.
Why do business letters exist?
They exist to convey information. They are there to inform, request, question, inquire, order, correct, and to advise.
What is LLC?
It means Limited Liability Company. This means that a company doesn't have to take responsibility for a certain action that happens. It protects new and departing business owners from debt or anything that could be taking money from them.
What is a business?
A business is owned by an entrepreneur. Businesses are created to make profit and to create things for others to use. (Can also count as a service.