Employability Skills
Specific style of behavior in the workplace.
What is Professionalism?
Degree to which a product or service is available at a necessary or convenient location.
What is Place Utility?
Goods and services desired but not necessary for survival.
What is Human Wants?
Businesses which develop products for distribution from raw goods.
What is Producers?
Values or standards which direct the way individuals interact with others.
What is Ethical Behaviors?
Degree to which a product or service is easy to learn about, gain information about and understand.
What is Information Utility?
Personal characteristics or attributes including labor, management and entrepreneurship.
What are Human Resources?
Process of effectively working together in group settings.
What is Cooperation?
Ability to plan and execute control over the amount of time spent on specific activities to effectively accomplish goals in a timely manner.
What is Time Management?
Degree to which a product or service is available at a necessary or convenient time of day, week, month or year.
What is Time Utility?
Product is produced in larger quantities than is demanded.
What is Surplus?
Items of value owned by a business.
What is Assets?
Requires gathering reliable information, assessing the information for answers and selecting a suitable solution based on the situation.
What is Problem Solving?
Degree to which a product or service is useful or desirable due to its form (the raw materials or parts it is made of).
What is Form Utility?
Economic and political system in which trade and industry are controlled by private owners for profit.
What is Capitalism?
Department responsible for managing the use of company funds, obtaining needed funds and creating a financial plan.
What is finance?
Positive work behaviors and personal qualities which make individuals more likely to gain employment and succeed in their chosen career.
What is Employability?
Value added to a product or service through its “usefulness” to consumers.
What is Economic Utility?
Economic situation in which one company exclusively controls a market’s product or service; no competition exists and is harmful to free enterprise.
What is Monopoly?
Four interrelated marketing strategies used to meet consumer needs; consist of product, price, promotion and place.
What is Marketing Mix?