Career Inventory
What is a career inventory?
A tool used in career counseling to help discover career paths related to your interests and personality.
What is the primary goal of retail and media marketing?
Influence consumer to purchase
What is the difference between salary and wage?
Salary is a fixed amount of money paid to employee. Wage is amount of money paid for number of hours worked.
What is the first step in researching a career?
Conduct self-assessment.
How does education level impact earning potential?
Higher education usually means higher pay.
How can analyzing your skills lead to better career choices?
Your skills will show what you are good at and the careers that you would be good at and same for when not good at something.
How do advertisements influence consumer spending behavior?
Shapes perceptions, create brand awareness, emotional appeals all to persuade purchases by highlighting benefits and value rather than showing the cons of it.
Define 'commission' and give an example of a job that typically earns commission.
Commission is a form of payment an employee earns a percentage of sales they generate. Ex: Real Estate Agent
What is the average income difference between high school graduates and college graduates?
Around $24,000 higher than high school graduates.
How do you complete a career inventory?
Answer the questions
Describe a common marketing strategy that encourages impulse buying.
Ads with creators well known. FOMO. Low Stock Warnings. Exclusive.
What are fringe benefits, and why are they important?
What factors should you consider when evaluating potential income for a career?
Base salary, benefits package, location, cost of living, career growth potential.
What are the earnings potential differences between associate and bachelor's degrees?
Usually around $20,000 more with a bachelor's degree.
What factors should be considered when interpreting the results of a career inventory?
Personal interests, skills and strengths, values, personality traits, education and training requirements, job market availability, potential salary, work-life balance, alignment with career goals, etc.
What role does social media play in shaping consumer perceptions and spending?
Providing platform for product discovery, peer to peer recommendations through reviews, trust in brands, targeted advertising.
How do tips contribute to overall income in certain professions?
They add to the income on top of base wages. Sometimes it can make incomes more than 3x more.
Discuss the importance of understanding the cost of living in career research.
Impacts your financial well-being and significantly influences your location choices, salary expectations, and overall career planning.
How can a higher degree impact job opportunities?
Access to more jobs, career advancement, increased earning
Name two types of career inventories and explain how they differ.
Interest inventories and skills assessments
Analyze how branding affects consumer loyalty and spending habits.
Builds trust and creates emotional connections which lead to encouraging repeat purchases.
Compare and contrast different income sources and their impact on financial stability.
Salary vs Commission. Salary is guaranteed pay. Commission has a base and you earn a percentage from sales. Not guaranteed.
Answers vary.
Name two sources where you can find information about required education for a career.
The occupational outlook handbook published by the Bureau of Labor Statistics and a college or university's career services center.
Discuss how education can affect career advancement and salary.
Individuals holding higher degrees generally earning substantially more money over their careers compared to those with lower levels of education.