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GEB 3006 Exam 2
Terms in this set (72)
Potential employers are using social media to hire new employees. Research notes that ____________ of applicants found their jobs on Twitter.
A new employee joins a company. What is one of the first goals the employee wants to achieve in their first 30 days with the company?
Learning about the company's systems, procedures, people, customers and overall culture
Which of the following best relates to a student's reflection of their realities?
is there a strong job demand?
Carole is having trouble choosing the right major. If Carole doesn't choose the correct major the first time, which of the following is likely to result?
-Carole might not be able to get into the right major once she decides on it.
-Carole might incur excess credit hour surcharges.
-Carole might not be engaged at work or at school.
-Carole might have a poor GPA which can lead to a less competitive job.
Answer: All of these.
Which of the following faculty is a member of the Management Department?
Dr. Ron Piccolo
Which is a disadvantage of working for a public accounting firm?
Rigid career paths
Why is honesty and integrity important in accounting?
Because it allows investors to trust the information about a company.
Terrance is a student in GEB 3006 Career Development and Financial Planning Which of the following stakeholders is affected by Terrance's success?
family, classmates, colleagues, friends.
What is an advantage of working for a public accounting firm?
-Public accounting firms support earning your CPA license.
-Public accounting firms offer continuing education and career development.
-Public accounting firms offer competitive pay and benefits.
Salary expectations for accounting and finance majors are similar.
Which of the following is an example of an issue an employee might face in a meeting?
In First Job - First Paycheck, the author says it is important to, "Volunteer for new assignments and take on challenging tasks."
In First Job - First Paycheck, the author says that it is your responsibility to, "Make your job a personally enjoyable experience," and, "Understand how your job fits in with the company."
A student's GPA doesn't really matter, as long as they receive their degree.
Managerial accounting focuses on:
Using data that measures company performance to make decisions.
An accounting student is considering working for the government. Which government organization is most likely to hire an accounting student?
internal revenue service
Which of the following faculty members is a member of the Integrated Business department?
Mr. Chris Leo
Which of your favorite UCF College of Business administrators has a degree in Economics?
Dr. Paul Jarley
Dropping and withdrawing from a class impacts students through:
-Financial aid may be negatively impacted
-Graduate school may be less likely to consider your application
-Lack of progress may result
Casey is interested in becoming an entrepreneur. Which of the following events is targeted toward students interested in entrepreneurship?
_________ are an important factor when students are trying to match their major with a career.
-Personality Skills Goals
The most recent addition to the UCF College of Business is the Economics department.
Why do most accounting graduates work in public accounting?
Public accounting builds credibility and is a resume builder.
How does financial accounting differ from managerial accounting?
Financial accounting focuses on reporting an organization's financial information; managerial accounting focuses on using data to measure performance and making decisions based on it.
_____________ are stewards of the Dean's vision and advisors on areas of improvement and opportunity.
What are the primary skills of an Integrated Business student?
Teamwork, critical thinking and problem solving
In First Job - First Paycheck, the author says that one important group-‐ meeting etiquette tip is to "Show up one-‐minute after the meeting starts so that you don't waste your personal time."
According to First Job - First Paycheck, which of the below is NOT an attribute of a successful new employee?
The UCF Street Smarts presentation focused on UCF students as risk takers. Which of the following statements best refers to UCF students as being risk takers?
"Conformity is out- risk taking is in."
Which of the following faculty is a member of the Economics department?
Dr. Melanie Guldi/Dr. Nora Underwood-Caputo
_________ best relates to a student's reflection of their lifestyle?
Will i be happy doing this in 10 years?
______________ is a reflection of a student's skills.
What am i really good at?
One of the ways to spice up a meeting is:
Provide snacks and beverages
UCF offers many organizations to help students. Knight Connect provides resources on organizations, events and other opportunities to enhance the UCF student experience.
The Street Smarts "Journey to the One" presentation encouraged students to use__________________ to get to know themselves.
In First Job - First Paycheck, there are "20 tips for meetings with higher-‐ups in the company;" which of the below is a one of those tips?
-Remember that talking to a higher up is, as always, just a conversation.
-Be succinct in your conversation.
-Be prepared with great questions and don't be afraid to take notes.
-Have a personal goal for the meeting. Ask yourself, "What do I want to accomplish?"
Which of the following job titles is most likely for an Integrated Business major?
A new UCF student is reflecting on matching a major with a career. The student is focusing on what they want to achieve and the strength of the job demand. Due to this, the student is mostly concerned with:
goals and realities
Which of the following job titles is most likely for a Management major?
Helen is thinking about becoming a Management major. Which of the following skills are important for Management majors?
Building effective relationships
According to a popular study conducted by USA Today, one extra year at a public college costs:
As a transfer student from Valencia, Ricky is considering becoming a Marketing major. What skills would be important for Ricky as a Marketing major?
Creativity and expression
Brett is a recent graduate from UCF who is now employed at his first job. Although Brett hates his job and wants to leave, how long should he stay at his starter job to indicate stability?
Grace happily just accepted a position at Johnson and Johnson. According to First Job, First Paycheck, which of the following attributes should Grace have to be a successful new employee?
good listening skills
Which of the following statements is correct regarding the opportunity cost of delaying graduation?
Students that delay their graduation for one year at a public college lose $46,000 in lost income and $82,000 in retirement income.
How does Finance differ from Accounting?
Finance focuses on financial analysis, economics, forecasting, variance analysis; accounting focuses on the account reconciliation, general ledger, accounts payable and receivable.
Paolo is interested in finance. As a finance student, what will Paolo learn?
Paolo will learn about financial markets, stocks and bonds.
Marcye is interested in being an Integrated Business major. What does the Integrated Business major specifically focus on?
Entry to mid-level positions.
Brandon is a new employee at Zoe's Greek Kitchen. According to the author of First Job - First Paycheck, which of following should be one of Brandon's 60 day goals?
Learning about assessing the company and using your strengths.
Consequences of choosing the wrong major:
Health and Wellness
Getting on the right track to graduation:
Learn about yourself
Choose the degree you want
Research career options
Time is money
Salary vs. educational costs
Potential for greater happiness
Reduced retirement savings
Increased student loan debt
10 ways to get the most out of your first job: (FJFP)
Make it personally enjoyable
Volunteer for more
Avoid us-vs-them mentality
Have a genuine curiosity
Understanding how your job fits with the company
Master your job
Seek out great mentors
What makes a new employee successful?
Take personal responsibility for your actions
Have good listening skills
Be open and honest
Have a positive attitude
Show personal integrity
Be resourceful and self-sufficient
Live a balanced life/stay in shape
How to find meaningful mentors?
Make it a goal to find a great one
Keep in touch
It's a two-way street
Return the favor
Why should you meet with higher ups?
Introduce yourself so they know who you are
Possibly have them as a mentor
To be promoted
Update them on a project you're working on
To be commended/disciplined for something
How can you match your major with a career? Ask yourself the following questions:
What am I really good at?
What are my interests and values?
Will I be happy doing this in the long run?
What do I want to achieve?
Jobs can be found in the public, private or government sectors
Skills required: organization, time management, adaptability, communication, integrity.
Jobs can be found in finance industry as well as public policy.
Skills required: gather, organize and interpret data, use formulas to make calculations, create models to predict impact, translate complex findings.
Jobs can be found in: banking, insurance, investments, trusts and fiduciaries, credit finance and leasing, legal sectors, statutory/regulatory sectors.
Skills required: accounting, analytical thought, technological expertise, written and verbal communication abilities.
Integrated business career:
Look for jobs in small businesses with entry to mid-level positions in varied industries.
Skills required: soft skills, course work, flipped classroom.
Opportunities vary by profession, industry, and location.
Skills required: communication, organization, planning, problem-solving, relationship building, budgeting, supervisory abilities.
Career paths: operations, hospitality management, consulting.
Job opportunities: Market research, brand management, advertising promotions, public relations.
Skills required: communication, public speaking, writing, meeting deadlines, creativity, technology.
Linking careers and locations; look for:
Economic opportunity, social trends, friends and family.
-Specific, Measurable, Attainable, Realistic, Time Bound
-30 Day: Learn company's systems procedures, people, customers/clients and overall culture.
-60: Day: Plan to continue to assess the company and begin to use your strength.
-90: Meet some of the goals stated in the job description.
Group meeting etiquette
When in a group meeting, be sure to: be right on time, come prepared, take notes, be organized, follow up.
10 tips to promote your ideas inside your company:
Introduce a new idea
Remember it's just a conversation
Get the discussion rolling
Create group ideas
Rapport and fun
Test drive your ideas
Make it everyone's idea
Simplify the ideas
Make the team the hero
How to sell yourself?
Determine your brand message
Manage your social media appropriately.
Who should you look for to build your network?
People you admire, industry experts, executives, entrepreneurs, educators, politicians, mentors, creative people.
How many applicants found their jobs on LinkedIn?
Which of the following is NOT a tip for promoting your ideas inside your company?
Take notes and follow up
Industries for Economics jobs:
Asset management, investment banking, market research.
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