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Career And Investing
Test Description: Econ mini unit #6
Instructions: Answer all questions to get your test result.
1) What is the STAR Interview method?
A
Discuss the specific situation, task, action, and result when asked a question
B
Method of interviewing that suggests you act like a movie star to project confidence
2) What is specialization?
A
Using scientific knowledge of different animal species to gain advantage over other job candidates
B
Concentrating on and becoming expert in a particular subject or skill
3) What is a stock?
A
Share of ownership in a company
B
A certificate of investment purchased from your bank
4) What is a bond?
A
Stocks that are stronger performing that others
B
Bonds are loans that you make to governments and corporations when they want to raise money; you get interest
5) What is an index fund?
A
Investment funds that invest in an entire major stock index, such as the Nasdaq 100.
B
A stock you purchase using the index formula
6) Is it more or less risky to invest in a single stock rather than an index fund?
A
More
B
Less
7) What is a bear market?
A
When the stock market is on a prolonged upswing
B
When the stock market is in a prolonged downturn
8) What is a bull market?
A
When the stock market is in a prolonged downturn
B
When the stock market is on a prolonged upswing
9) What is an entrepreneur?
A
A person who undertakes the risk of starting a new business venture
B
A person who designs logos for new businesses
10) What is the purpose of a business plan?
A
A business plan is used to help manage an organization by stating ambitions, how they will be achieved, and when
B
Avoiding having to plan ahead for your new business.
*select an answer for all questions
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