Economic Concepts
The factors of production.
what is land, labor, management, and capital.
The six types of businesses.
producers, processes, manufactures, intermediaries, service firms, and non-profit organizations.
The mental picture a person has of himself or herself.
what is Self-Image.
The three professionalism skills.
what is speech, dressing, and mannerism.
the three stress management skills.
what is greater production in the work place, improve mental and physical health, and greater success in life.
The economics of utility.
what is time utility, place utility, form utility, possession utility, and information utility.
The employment process.
what is assess employment needs, recruit potential needs, select employee who fulfils goals, and help employee get oriented.
The person’s overall sense of worth or personal value.
what is Self-Esteem.
the six ethical behaviors.
what is regular attendance, wearing proper attire, providing a clean work environment, take pride in work, flexibility, and take initiative.
the six habits of maintaining employment.
what is work hard, be on time, be a team player, do not complain, offer to help, and keep your thoughts to yourself.
The three economic systems.
what is commended, mixed, and market economics.
The two types of training.
on-the-job training and group training.
The statement showing a strong belief in or dedication to something.
what is Affirmation.
the six critical thinking skills.
what is collaboration, identifying the elements, breaking new ground, creating a final product, look at conflict objectively, and focus on the problem.
the three non-profitable firms
what is costs to employment, costs to investors, and costs to government.
The four times of competition.
what is price, non-price, monopolies, and oligopolies.
The focus of motivation.
intrinsic and extrinsic.
A person’s overall sense of worth or personal value.
what is Self-Esteem.
the four teamwork skills.
what is collaboration, conflict resolution, reliability, differing points of view.
the amount of a product available to the market.
what is supply.
The four profitable firms.
what is employees, consumer, government, investors.
The four functions of management.
planning, organizing, direction, and controlling.
a way to build Self-Esteem.
what is practice, hard work and making affirmations.
The thirteen employability skills.
what is professionalism, effective communication, ethical behavior, academic preparation, critical thinking, problem solving, teamwork, leadership, time management, knowledge of technology, stress management, work-life balance, and productive work habits.
the consumer's willingness to buy a product.
what is demand.