Professionalism & Team Development
Being punctual and respectful at work
What is etiquette?
Money earned from a job
What is earned income?
First step in decision-making
What is identify the problem?
Term refers to the total income before expenses are deducted
What is revenue?
Important customer service skill involving understanding feelings
What is empathy?
The budgeting rule dividing money into needs, wants, and savings
What is the 50/30/20 (or common) rule?
Decision-making style based on feelings and instincts
What is intuitive?
A common trait of successful entrepreneurs
What is risk tolerance?
Final stage of team development
What is performing?
Recommended emergency savings amount
What is 3–6 months of expenses?
A common trap involving only seeking information you agree with
What is confirmation bias?
A style of decision-making that relies heavily on data, logic, and research
What is analytical?
Dysfunction where team members avoid responsibility
What is avoiding accountability?
Stocks and bonds are a type of
What is investing?
Tool comparing positives and negatives
What is a pros and cons list?
A leadership style allows employees the most independence, with little direct supervision
What is laissez-faire?
The 4 stages of team development
What are Forming, Storming, Norming, and Performing?
Credit score range mentioned in the study guide
What is 300–850?
Matrix used to prioritize urgent and important tasks
What is the Eisenhower Matrix?
A company hires another business to manufacture its products
What is outsourcing?