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Fundamentals of Management, 7e (Robbins/DeCenzo/Coulter)

Career Module

1) A career is a best defined as a sequence of jobs.


Answer: TRUE
Explanation: Though the word career can mean a profession or advancement within a
profession, the best definition of career is that it is a lifelong sequence of work positions.
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2) An individual typically has several careers over a lifetime.


Answer: FALSE
Explanation: A person may have several jobs over a lifetime, but not several careers. The series
of jobs themselves comprise the career, so a person cannot have more than one career no matter
how many different jobs he or she holds.
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3) The term career applies only to high-level professionals such as designers or physicians, not
laborers.
Answer: FALSE
Explanation: All workers have a career, whether they are sophisticated and highly skilled or not.
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4) In the past, career development was usually confined to advancement within a single
organization.
Answer: TRUE
Explanation: In previous generations, career development typically charted out the path that a
person would take to secure advancement within a single organization. Now most careers
involve switching organizations multiple times.
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5) Traditional career development in which an individual advances through the ranks of a single
organization is more popular than ever.
Answer: FALSE
Explanation: Traditional single organization career development has all but disappeared into
today's work world.
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6) Today, the organization—not the individual—is responsible for the employee's career
development.
Answer: FALSE
Explanation: The opposite is true—in today's world it is the individual that is responsible for
career development. The organization has largely abdicated its role as the guide and guardian of
a worker's career.
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7) A boundaryless career is a career in which an individual takes responsibility for his or her own
career.
Answer: TRUE
Explanation: In the past, a career was usually confined within the boundaries of a single
organization. Today, when individuals move frequently from organization to organization, the
boundaries of a career have largely disappeared, leaving people with what is called a
"boundaryless" career.
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8) The first goal in career development is to make a career choice in which you match your
interests and abilities to a job or series of jobs.
Answer: TRUE
Explanation: The best career choice is one that matches interests and abilities to jobs in the
marketplace that are available.
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9) A good career match means that the jobs you get are high-paying.
Answer: FALSE
Explanation: A good career match allows a person to lead the life he or she seeks. If that life
requires high pay, then it is a good match. However, many people do not require a lot of money
in their lives, so high pay does not necessarily make a good match for them.
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10) Most of today's college graduates are saying that their number one concern in a job is that it
has the possibility for advancement.
Answer: FALSE
Explanation: Though advancement is important to graduates, they named good benefits as their
top priority in a job.
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11) Today's job seekers identify quality child care as an important job benefit.
Answer: TRUE
Explanation: Benefits that job seekers value include health care, child care, retirement, and
domestic partner benefits.
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12) Job location ranked second in job priorities for today's job seekers.
Answer: FALSE
Explanation: Job location ranked third. Starting salary was the number two concern of
graduates.
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13) Volunteer work is important to today's college graduates.


Answer: TRUE
Explanation: Today's graduates want to make sure that their jobs can accommodate the volunteer
work they do with such things as compensation for time and matching donations.
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14) The difference in pay rates over a lifetime between college graduates and non-college
graduates is fairly small.
Answer: FALSE
Explanation: The difference between college graduates and non-college graduates is quite large
—over $20,000 per year on the average, and some $800,000 over an entire career.
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15) The best investment a person can make in his or her own future is to get a good education.
Answer: TRUE
Explanation: Since college graduates make some $800,000 more than non-college graduates
over a career, a college degree is the most effective way a person can invest in the future.
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16) Competitive advantages that people have are limited to their natural talents.
Answer: TRUE
Explanation: Competitive advantages can come from natural abilities, such as artistic talent, or
learned abilities, such as knowledge of accounting.
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17) The first step in constructing a career path is to identify your competitive advantages.
Answer: TRUE
Explanation: Finding out what you like and what you are good at is a good first step in forging a
career path.
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18) Being good with numbers can give a job-seeker a competitive advantage.
Answer: TRUE
Explanation: A competitive advantage is any skill, talent, or interest a person has that has value
to potential employers. Being good with numbers is a typical competitive advantage.
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19) Being a skilled writer can give a person a competitive advantage in the job market.
Answer: TRUE
Explanation: Writing skills give people a decided competitive advantage in the job market for
jobs such as attorneys, advertisers, and editors.
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20) All a job-seeker needs in a tight job market is a single competitive advantage to get a good
job.
Answer: TRUE
Explanation: A single competitive advantage helps, but does not guarantee a person a job. The
more competitive advantages a person has the more likely he or she will be able to get a good
job.
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21) It is almost impossible to predict which jobs in the future are likely to decline.
Answer: FALSE
Explanation: It is fairly evident that some jobs, such as printers, are declining as many
businesses are able to do their own in-house printing using computer software.
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22) The second step in constructing a career path is matching your strengths and interests to
opportunities in the market.
Answer: TRUE
Explanation: After identifying one's strengths, a person who is carving out a career path should
attempt to match those strengths to actual job opportunities that are needed in the real world.
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23) It is a good idea to think of your career as your business and your boss as the CEO of that
business.
Answer: FALSE
Explanation: It is a good idea to see your career as your business. However, instead of seeing
your boss as the CEO of your business, you need to see yourself as the CEO.
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24) Trying to "protect" your career from outside harm is probably a silly idea because there is no
way to protect against changes in the environment.
Answer: FALSE
Explanation: Paying close attention to one's own job, work situation, and the business climate
can help a person protect against suddenly being cast adrift in a changing job market. For
example, a person who is working in a shrinking industry should prepare to find a new industry
before such things as downsizing occur.
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25) Changes in the environment that can affect a career include negative things such as
downsizing only.
Answer: FALSE
Explanation: Changes in the environment can be negative, such as downsizing, but they can also
be positive, such as new opportunities arising from an emerging or expanding industry. Taking
advantage of those opportunities is taking advantage of a change in the environment.
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26) Most jobs do not require interpersonal skills.


Answer: FALSE
Explanation: Almost all jobs require interpersonal skills to some degree. Even if the skills aren't
used in performing the job itself, they are often the key to advancement and opportunity within
the context of the job itself.
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27) The key to being a super high achiever is usually some unique talent or ability that no one
else has.
Answer: FALSE
Explanation: Rather than some unique quality, most high achievers simply work harder than
others to attain their goals.
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28) The 10,000 hour rule supports the idea that success is mostly hard work.
Answer: TRUE
Explanation: The 10,000 rule is based on observation of highly successful people. It states that
most of them put in about 10 years of 1,000 hours of hard work—almost 4 full hours every
working day of the year—before they became exceptionally proficient at their skill.
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29) Though many people think that "whom you know" is important for getting jobs, having
connections is highly overrated as a way to advance one's career.
Answer: FALSE
Explanation: Having contacts of every type can help a person's career. One never knows where
the key connection will come from, so it is best to have a broad network of contacts and friends.
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30) Internet networking groups such as LinkedIn can provide valuable contacts.
Answer: TRUE
Explanation: LinkedIn and other networking groups can provide a person with a virtual
community from which to draw information and resources.
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31) It is a wise idea to cultivate job skills that are rare and useful in the marketplace.
Answer: TRUE
Explanation: Having unique and useful skills makes a job-seeker desirable to employers.
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32) In the workplace, being a generalist is usually more desirable than being a specialist.
Answer: FALSE
Explanation: The opposite is usually true. In school, being a generalist is advantageous. In the
workplace, having a few valuable special skills is usually rewarded more than being good, but
not exceptional in many areas.
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33) The secret to job success is identifying your competitive advantage and developing it to the
fullest.
Answer: TRUE
Explanation: Having a competitive advantage is usually not good enough for true success. One
must also maximize that advantage to gain the rewards one is seeking.
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34) The path less traveled is almost always the path to failure.
Answer: FALSE
Explanation: To the contrary, the path less traveled typically is more uncertain, but provides
greater opportunity. Taking the path less traveled, though lonely and often frightening, can lead
to great rewards.
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35) Luck has nothing to do with success in the business world.


Answer: FALSE
Explanation: Observations of successful people show that almost all of them owe at least part of
their success to luck. Since people can't predict or control luck, all they can do is prepare
extensively so when an opportunity arises, they are ready to seize it.
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36) Confidence usually translates into success.


Answer: TRUE
Explanation: Confidence does more than just make a person feel that he or she is going to
succeed. It also helps that person be more committed to goals, give greater effort and persist
more tenaciously to achieving those goals even in the face of negative feedback or lack of
progress.
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37) The best way to define the term career is as a ________.


A) series of tasks
B) series of jobs or work positions over a period of a few years
C) series of jobs or work positions over a period of a lifetime
D) single lifelong job
Answer: C
Explanation: C) Traditionally, careers were thought of as climbing a ladder in a single, lifelong
job within a single organization. This view has been largely supplanted by thinking of a career
not as a series of tasks, or jobs over a short period, but as a series of jobs primarily within
different organizations over an entire lifetime.
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38) An unskilled laborer has ________ a software designer.


A) no real career when compared to
B) just as much of a career as
C) more of a career when compared to
D) a much shorter career than
Answer: B
Explanation: B) All workers have careers to an equal degree, so the career of an unskilled
laborer is just as legitimate as that of a software designer, making "having just as much of a
career" the correct response for this question and ruling out the choices indicating no career or
more of a career. Note that a much shorter career can be ruled out because the length of a career
is not related to status of a particular job.
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39) Traditional career development programs of the past focused on helping an employee
advance ________.
A) through a series of jobs for different organizations
B) by holding a single job in a single organization
C) by holding a series of jobs in a single organization
D) by changing jobs every two years without fail
Answer: C
Explanation: C) Traditional career development used to involve charting a career path of
different jobs within a single organization rather than in different organizations, making "holding
a series of jobs in a single organization" the correct response and ruling out "a series of jobs for
different organizations" because it involves multiple organizations, and "holding a single job in a
single organization" because it involves only one job. Note that "changing jobs every two years"
is wrong because it calls for scheduling of jobs in a rigid timetable, something that is not possible
even in the most stable of organizations.
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40) Traditional career development programs in an organization were a good way for the
organization to ________.
A) weed out poor performers
B) retain talented performers
C) keep costs down
D) increase efficiency
Answer: B
Explanation: B) Traditional career development programs attracted talented people and helped
organizations retain those people by offering a clear-cut path to advancement and success,
making "retaining talented performers" the correct response for this question. Traditional
programs had nothing to do with efficiency or controlling costs except that by retaining better
people, the organization might perform better overall. Weeding out poor performers was not a
function of career development programs, since these programs were typically aimed at good
performers.
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41) In a traditional career development program, ________ were largely responsible for shaping
and guiding career paths.
A) individuals
B) companies
C) family and friends
D) professional counselors
Answer: B
Explanation: B) In the traditional arrangement, a company would provide a career path for an
individual, setting out goals and benchmarks that the person would need to pass to advance,
making companies the correct response for this question. These tasks were not done by
individuals themselves as is the custom in today's world. Nor was guidance ever provided in any
official or formal way by friends and family. In some cases, people in the past would hire
counselors, but this practice was not common.
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42) In today's world, ________ are largely responsible for shaping and guiding employee career
paths.
A) individuals
B) companies
C) Internet services
D) headhunters
Answer: A
Explanation: A) In today's world, employees themselves take responsibility for their own career
development, making individuals the correct response for this question. In the traditional
arrangement of the past, a company would provide a career path for an individual, setting out
goals and benchmarks that the person would need to pass to advance, but this is hardly ever done
today making companies an incorrect response. Internet services and headhunters are both tools
that individuals use in today's world, but what guides the path are the individuals themselves.
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43) Today, career development typically focuses on an individual advancing ________ on his
own.
A) through different organizations without ever improving his status
B) by holding a single job in a single organization
C) by holding a series of jobs in a single organization
D) through a series of jobs for different organizations
Answer: D
Explanation: D) Today's career development is typically the responsibility of the individual
managing his own career and advancing through different jobs in different organizations, making
"a series of jobs for different organizations" the correct response and eliminating "a single job in
a single organization" because it focuses on a single job and "a series of jobs in a single
organization" because it focuses on a single organization. Note that "different organizations
without improving status" is wrong because career development usually does involve status
improvement.
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44) This best describes the commitment a 1960s-era company made with respect to an
employee's full-time, full-benefit job.
A) It was a permanent job that could last a lifetime.
B) It was a month to month arrangement.
C) It was subject to change at any time.
D) There was no commitment on the part of the company or the employee.
Answer: A
Explanation: A) Though there was no guarantee, many employees and employers in the 1960s
held a definite expectation that a job could last a lifetime, making this choice the correct
response for this question. The other three choices all reflect a less than full commitment to a job
situation, so all of these choices are incorrect.
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AACSB: Analytic Skills

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45) In today's business climate, this best describes the commitment a company makes with
respect to an employee's full-time, full-benefit job.
A) It is a guaranteed lifetime job.
B) It is a week to week arrangement.
C) It is permanent but subject to change at any time.
D) There is no commitment on the part of the company or the employee.
Answer: C
Explanation: C) Companies certainly don't consider any employee to have a lifetime guarantee
of a job in today's world, but there certainly is a commitment that a company makes, and it is
more than a week to week promise. Ultimately, companies try to make jobs as permanent as
possible, but employees should realize that conditions could change at any time, causing their
jobs to be in jeopardy, making "permanent but subject to change" the best response for this
question.
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AACSB: Analytic Skills

46) Which of the following is NOT a reason why today's companies have largely eliminated
career development programs?
A) Companies aren't as stable as they were in the past.
B) Employees frequently move from job to job.
C) Fewer employees are interested in career development.
D) Downsizing has made jobs less stable or predictable.
Answer: C
Explanation: C) Organizational instability, employee mobility, and downsizing are all reasons
for why career development programs are vanishing. Overall, the commitment of an organization
to an employee—and vice versa—has diminished in the past decades. This erosion of
commitment, however, does not mean that employees are no longer interested in career
development. In fact, with more uncertainty about the future there is probably more interest in
career development in today's job world, making "fewer employees interested in career
development" the only untrue response and therefore the correct response for this question.
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47) A boundaryless career is one in which an individual ________.


A) has no exact job
B) works for no particular organization
C) is responsible for his or her own career
D) has a job that is part of his or personal lifestyle, 24 hours a day
Answer: C
Explanation: C) The term boundaryless career does not refer to a person's job or organization
being ill-defined. Nor does it involve the fusion of a job and a lifestyle, making "having a job
that is part of one's lifestyle" an incorrect response. The word boundaryless in this term refers to
the idea that the individual is not confined to the boundaries of a specific organization, making
"being responsible for one's career" the correct response for this question.
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AACSB: Analytic Skills

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48) The optimum career choice matches an individual's interests, abilities, and personality to
________.
A) the best opportunity in the market
B) a job that a person can competently perform
C) a high-paying job
D) a job that makes the person useful
Answer: A
Explanation: A) The best career choice is not necessarily high-paying, useful, or easy to
perform. Instead, an optimum career choice is one that is a good match between a person's
talents, interests, and strengths and the best possible job in the market that matches those talents,
interests, and strengths, making "the best opportunity" the correct response for this question.
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AACSB: Analytic Skills

49) An important goal for a career is that it leads to ________.


A) status and prestige
B) financial security
C) the life a person wants to have
D) both status and financial rewards
Answer: C
Explanation: C) Though status and financial rewards are important to many people, they do not
make a good career match for a person unless that person is specifically seeking those goals. A
person who makes a lot of money, for example, but isn't happy in her lifestyle and job doesn't
have a good career match. Another individual who, for example, makes much less money but
enjoys her work does have a good career match. These factors add up to make the life a person
wants to have the correct response for this question.
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50) The most important job characteristic in the opinion of today's recent college graduates is
this.
A) job security
B) benefits
C) starting salary
D) organizational culture
Answer: B
Explanation: B) Though most graduates have high interest in job security, compensation, and the
philosophy and culture of the organization they join, the number one priority for graduates is
benefits, including health care, child care, and retirement programs. This makes benefits the
correct response for this question.
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AACSB: Analytic Skills

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51) Which of the following issues is NOT one of the top three factors that have been identified
by today's college graduates as important in selecting a new job?
A) job security
B) job location
C) job benefits
D) compensation
Answer: A
Explanation: A) Though job security is undoubtedly important to today's job seekers, it does not
rate as high as the number one priority, job benefits, the number two priority, starting salary, or
the number three priority, job location. This makes job security the correct response for this
question.
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AACSB: Analytic Skills

52) Which of the following is an example of a well-defined career choice that is not too broad or
too narrow?
A) pharmaceutical research
B) working in the medical field
C) researching new headache remedies
D) working as an executive for Pfizer
Answer: A
Explanation: A) Working in the medical field is too broad as this could be anything from being
an equipment salesperson to a surgeon. Researching new headache remedies and working as an
executive are too narrow, as confining oneself to a particular line of research (headache
remedies) or company (Pfizer) is too limited for most job candidates. That leaves pharmaceutical
research as the correct response—it is specific to pharmaceutical research, but it does not pin
down the individual into an overly confining set of requirements or expectations.
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AACSB: Analytic Skills

53) A college degree ________.


A) is valuable for status only
B) has educational, but not financial value
C) has both educational and financial value
D) has financial value only
Answer: C
Explanation: C) A college degree provides a person with more than status, and more than purely
financial or educational value. This makes "having both educational and financial value" the
correct response for this question, indicating that a college degree is worthwhile both for its
educational and for its remunerative value.
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54) An individual with a college degree earns ________ than a person without a college degree.
A) over $20,000 more per year
B) over $800,000 more per year
C) almost $28,000 more per year
D) no more
Answer: A
Explanation: A) A person with a college degree earns, on the average, about $52,000 a year as
compared to about $28,000 earned by a non-college degree employee, making over $20,000
more per year the correct response and ruling out all other responses.
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55) A ________ is an edge that makes a person attractive to employers in a job market.
A) job requirement
B) qualification
C) job skill
D) competitive advantage
Answer: D
Explanation: D) Individuals need job skills and the proper qualifications and requirements to
apply for a job. However, the thing that makes a person marketable in a competitive job market
is a competitive advantage—some kind of edge (skill, talent, or other attribute) that makes the
individual more qualified and more desirable to employers, making competitive advantage the
correct response for this question.
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56) Which of the following might be a competitive edge for a person applying for a job in a law
firm?
A) exceptional math skills
B) exceptional writing skills
C) computer programming experience
D) musical ability
Answer: B
Explanation: B) Attorneys often need to employ writing skills in composing briefs, drafting
contracts, and similar duties, making exceptional writing skills the correct response for this
question. It is conceivable, but not likely that a law firm might require math or programing
abilities, so these are not correct responses. It is highly unlikely that musical ability would be of
practical use in a law office, making musical ability an incorrect response.
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57) The phrase "Play to your strengths" when applying for a job means ________.
A) don't show employers your weaknesses
B) be aggressive during job interviews
C) apply to only the most ambitious jobs
D) apply to jobs that suit your abilities
Answer: D
Explanation: D) The phrase has nothing to do with a person's attitude during a job search and
everything to do with exploiting one's own competitive advantages, making applying to jobs that
suit your abilities the correct response for this question and eliminating the other three choices.
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58) Which of the following might be a competitive edge for a person applying for a firefighting
job?
A) athletic ability
B) exceptional writing skills
C) computer programming experience
D) exceptional public speaking skills
Answer: A
Explanation: A) Being a firefighter is a demanding physical job so exceptional athletic ability
might be an attribute that a candidate should highlight during an application process, making
athletic ability the correct response for this question. Ability to speak or write well or to program
computers are all valuable skills but they are not particularly useful in firefighting.
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59) In looking for possible jobs, a primary concern should be to pay attention to the ________.
A) jobs that are in high tech industries
B) jobs that are in low tech industries
C) industries that have the highest compensation scale
D) industries that are expanding rather than declining
Answer: D
Explanation: D) It is important for job seekers not to get committed to industries that are in
decline, such as the secretarial or travel agent businesses. In other words, applicants in general
should seek out industries that are expanding and have an expanding job base, rather than
industries in which jobs are being phased out. These factors make expanding the correct response
for this question. Whether or not jobs are in specific industries—e.g., high tech or low tech—is
relevant only to the degree to which those industries are expanding or declining, making high
tech and low tech incorrect responses. Worrying about compensation should be a secondary, not
a primary concern for a job seeker.
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60) Which of the following might be a competitive edge for a person applying for an accounting
job?
A) exceptional writing skills
B) exceptional problem solving skills
C) computer programming experience
D) exceptional public speaking skills
Answer: B
Explanation: B) Accounting is first and foremost a problem solving job in which an accountant
uses skills in interpreting largely mathematical information and finding solutions to complex and
sometimes ambiguous problems. This makes exceptional problem solving skills the correct
response for this question. Writing and speaking skills are important, but usually not critical for
an accountant. Some accountants may use computer programming in their work, but most don't,
making this choice incorrect.
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AACSB: Analytic Skills

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61) In a society that is experiencing a widespread obesity "epidemic," one might expect
opportunities in this field to increase the most.
A) counseling
B) sports management
C) fitness
D) personal security
Answer: C
Explanation: C) With more and more people becoming overweight, counseling opportunities
might increase slightly. As people take more interest in athletics in general, sports management
might also experience modest increases. The field that would be dramatically expanded would be
fitness, which would include such things as fitness clubs and fitness equipment, making fitness
the correct response for this question. Personal security is not connected to obesity problems, so
this choice is incorrect.
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AACSB: Analytic Skills

62) It is a good idea for people to think of their career as a business and themselves as ________
that business.
A) the CEO of
B) an employee in
C) a customer of
D) a supervisor in
Answer: A
Explanation: A) When starting out, you should think of your career as a start-up business that
you manage diligently in order to obtain the best job situation possible at any given time. Since
this business has only one person in it, you, then you are not merely an employee, customer, or
supervisor in the business, but also the owner and CEO, making CEO the correct response for
this question.
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63) How might a job applicant position him- or herself to benefit from changes that occur in the
environment?
A) have highly specific job skills
B) have both general and specific job skills
C) have general job skills only
D) work on interpersonal skills rather than job skills
Answer: B
Explanation: B) The best strategy for a job applicant to take in a changing business climate is to
be both specific and general, making this choice the correct response for this question. That is, an
applicant should have specific technical skills that apply to a specific industry. However, if that
industry suddenly suffers setbacks, the person should have a versatile enough resumé to fit well
into a related or similar field. This means that versatility is the key to success, which rules out
skills that are overly specific or exclusively general. Note that interpersonal skills themselves are
a job skill, so this choice is incorrect.
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64) Which job skill is useful for just about every job?
A) interpersonal skills
B) computer programming skills
C) writing skills
D) manual dexterity skills
Answer: A
Explanation: A) Though computer skills, writing skills, and dexterity can all be useful skills to
have in a wide variety of jobs, there is no skill as universal as interpersonal skill. Even if a job
does not require a worker, for example, to work with customers, there are still many ways in
which interpersonal skills are useful—including getting along with coworkers and making a
favorable impression on superiors. This makes interpersonal skills the correct response for this
question.
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65) Which job might require the highest level of interpersonal skills?
A) electrician
B) research scientist
C) teacher
D) fashion designer
Answer: C
Explanation: C) Clearly, interpersonal skills are important for just about every job. The
difference between a research scientist who is a leader in her field and one who is not a leader,
for example, often rests on using interpersonal skills to convince others of the significance of
your work. That said, electricians, scientists, and designers can all prosper in their jobs without
superior interpersonal skills. A teacher, on the other hand, must have superb communication and
interpersonal skills just to function adequately, much less excel at his job, making teacher the
correct response for this question.
Diff: 2 Page Ref: 186
AACSB: Communication

66) Studies in a variety of fields show that super-high achievers ________ than others.
A) have higher IQ scores
B) work fewer hours
C) work harder
D) are more insecure
Answer: C
Explanation: C) Though super-high achievers are known to apply their efforts strategically in
"smart" ways, their IQ scores are not necessarily higher than others, making having higher IQ
scores incorrect. These achievers may be somewhat more insecure than ordinary achievers, but
insecurity is not a defining characteristic of these individuals. What does define super-high
achievers is that they have been found to work harder than others, making working harder the
correct response for this question.
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67) Studies of highly successful people show that they all did this in one way or another.
A) had enormous natural ability
B) put in 10,000 hours of practice, training, and experience
C) worked in lowly jobs as teenagers, learning humility
D) relied on family
Answer: B
Explanation: B) Though extraordinary performers typically might have had lowly teenage jobs,
a lot of natural ability, or good family connections—none of these factors has been shown to be a
key part of their success. Instead, the things that these successful people had in common was an
enormous amount of practice and experience in their early lives, roughly 10,000 hours of it
before it began to pay dividends, or about 3-4 hours a day for ten years. This makes putting in
10,000 hours the correct response for this question.
Diff: 2 Page Ref: 187

68) Which of the following jobs would be least likely to require thousands of hours of practice
and experience?
A) scientist
B) musician
C) tennis player
D) entrepreneur
Answer: D
Explanation: D) Science, music, and tennis all require skills that take a long time to acquire and
develop and must be practiced for many hours before a person is proficient. There is no real way
to train or practice to be an entrepreneur, on the other hand, so this choice is the correct response
for this question.
Diff: 2 Page Ref: 187

69) Many people in fields such as nursing, engineering, and accounting keep their skills up to
date by taking formal courses and ________.
A) getting internships
B) reading journals and attending conferences
C) getting fellowships and scholarships
D) going through training programs
Answer: B
Explanation: B) It is highly unlikely that professionals such as nurses could afford to spend the
time with internships, fellowships, and training programs once they hold regular nursing
positions. Reading books and journals and attending professional conferences, on the other hand,
are considered necessary for many people to stay current in their field, so this choice is the
correct response for this question.
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70) Networking is useful ________.
A) only before you have a job
B) only after you have a job
C) both before and after you have a job
D) only for people who want to change jobs
Answer: C
Explanation: C) Networking can provide benefits for a person both before and after he or she
has a job, making both before and after the correct response for this question. Networking can
help people who are looking to change jobs find that new job, but that is not the only benefit
networking provides. Besides helping with finding jobs, networking also helps people keep up
with changes and important developments in their field and in their industry.
Diff: 2 Page Ref: 187

71) To extend the reach of their networks, people should do all of the following EXCEPT
________.
A) take networking classes
B) go to college alumni functions
C) attend conferences
D) joining virtual business communities
Answer: A
Explanation: A) College alumni activities, professional conferences, and online communities
such as Talkbiznow are all excellent networking activities. Taking classes in networking might be
somewhat beneficial—however networking is an informal skill and classes in this skill are
generally not available, making this choice the only untrue choice so it is the correct response for
this question.
Diff: 2 Page Ref: 187

72) An advantage of an online networking community such as LinkedIn is that you can search
for people according to their ________.
A) skills, experience, and interests
B) personality and temperament
C) reputation within the industry
D) organizational performance reviews
Answer: A
Explanation: A) An online community such as LinkedIn can provide valuable information about
an individual's skills, experience, and interests, making this choice the correct response for this
question. However, LinkedIn can only provide information that is provided by the user him- or
herself. Subjective information about such things as personality, organizational reputation, or
organizational performance reviews are off-limits to these kinds of sites.
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73) A research scientist who needs a job is likely to accomplish this by giving a talk or poster
presentation at a professional meeting.
A) increase salary
B) directly create job opportunities
C) increase visibility
D) get new research ideas
Answer: C
Explanation: C) The benefits of giving a talk are largely to increase visibility, not to directly
create job opportunities or change a person's pay scale. The talk shows others in the professional
community that you are out there and worth considering when they are looking for someone who
has your skill set and qualifications. New research ideas are unlikely to come from giving a
presentation because most presentations are about work that has already been accomplished, not
future work.
Diff: 2 Page Ref: 187

74) A more senior person than yourself who guides you through your career is known as
________.
A) a protegé
B) a mentor
C) a teacher
D) a friend
Answer: B
Explanation: B) Someone who guides a person through a career is more than a friend. This kind
of guidance is provided by a mentor. A teacher can serve as a mentor but isn't necessarily a
mentor, so teacher is an incorrect response. A protegé is a person who is guided by a mentor, so
protegé is an incorrect response.
Diff: 2 Page Ref: 187

75) Mentors have been shown to be especially helpful to ________.


A) doctors and nurses
B) women and minorities
C) older employees
D) experienced employees
Answer: B
Explanation: B) The point of having a mentor is to get guidance when you are young so older
and more experienced employees are less likely to benefit from mentors than younger
employees. Women and minorities who need to overcome both social and professional barriers
have been shown to be especially helped by the guidance provided by mentors, making women
and minorities the correct response for this question. There is no evidence that medical staff are
helped by mentors any more than other groups.
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76) It is best to try to cultivate a competitive advantage in job skills that are ________.
A) technical
B) interpersonal
C) scarce
D) common
Answer: C
Explanation: C) The strategy for developing a competitive advantage is to try to gain skills that
are rare in the job market so as a job applicant you stand out and are not competing against a lot
of other people who have the same skill set. This makes scarce the correct response for this
question and eliminates all other responses.
Diff: 2 Page Ref: 187

77) Generally speaking, the more ________ a job requires that you have actually been trained
for, the better off you are.
A) technical skill
B) writing skill
C) speaking skill
D) training
Answer: D
Explanation: D) Training is the key to job security. The more training your specific job requires
—and the fewer people who have undergone that training—the more marketable you are and
therefore the more job security you are likely to have. Technical skill is often highly marketable,
but in some cases it is common and not a marketable skill. Writing and speaking skills are
general and don't require specific training so they are incorrect responses for this question.
Diff: 2 Page Ref: 187

78) Success in school often requires a person to be a ________, while success in the workplace
often requires the same person to be a ________.
A) specialist; generalist
B) specialist; conformist
C) generalist; specialist
D) conformist; nonconformist
Answer: C
Explanation: C) School requires an individual to excel in a variety of very different areas, such
as math and language. In a job, on the other hand, a person typically specializes in a specific,
narrow task, making "generalist; specialist" the correct response for this question and ruling out
all other choices.
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79) Which of the following is a job that would allow a person who is a poor writer and speaker to
excel?
A) engineer
B) lawyer
C) basketball coach
D) advertising executive
Answer: A
Explanation: A) An attorney is typically counted on to be highly articulate in both written and
spoken language. A basketball coach may not need to do much writing, but public speaking is a
key part of her job. An ad executive needs to be creative with words on paper and/or in person.
Only an engineer can use her mathematical skills to solve problems and largely avoid needing to
do much writing or speaking, making this choice the correct response for this question. However,
most engineers are quite articulate, nevertheless.
Diff: 2 Page Ref: 187

80) One secret to a successful career is to identify your ________ and develop it to the fullest.
A) special ability
B) strength
C) main interest in life
D) competitive advantage
Answer: D
Explanation: D) While developing your special abilities, strengths, or main interests in life can
be personally fulfilling, making the best of these items may not help at all in one's career path.
For example, you may focus on a fairly useless strength such as baseball trivia knowledge that is
not particularly helpful in advancing your career, so your efforts would be largely futile. Only by
focusing on true competitive work-related advantages is a person likely to maximize his or her
career.
Diff: 2 Page Ref: 187

81) In a career, major accomplishments often require a person taking ________.


A) the path more traveled
B) the path less traveled
C) the straightest path
D) a circuitous path
Answer: B
Explanation: B) Taking the path less traveled gives you a chance to distinguish yourself by
doing something different and unique. Virtually all great accomplishments required the person
who attained them to explore the unknown, making the path less traveled the correct response for
this question and ruling out all other responses.
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82) This is the best time to take risks in your life.
A) when you are established
B) when you are young
C) when you are old
D) when you have something to lose
Answer: B
Explanation: B) Risks are best tolerated when the person taking them has little, not a lot to lose,
making "having something to lose" an incorrect response. Once you are established or older you
have a lot to lose, so taking risks is more problematic during those periods of your life than when
you are young. This makes "when you are young" the correct response for this question.
Diff: 2 Page Ref: 188

83) Today's employers no longer expect ________ from employees.


A) long-term loyalty
B) maximum effort
C) high performance
D) a full work day
Answer: A
Explanation: A) Though times have changed, employers still expect a full work day of high
performance and maximum effort from their employees for almost any job. What employers no
longer expect—or give back in return—is a sense of long-term loyalty from workers. All parties
understand that workers are free agents in today's work world. If they find a better offer
somewhere else, they should take it without reservations.
Diff: 2 Page Ref: 188

84) Employees in today's work world should think of themselves as ________.


A) members of a large, loyal family that will never abandon them
B) pawns who have no power to change or improve their situation
C) free agents, who are constantly looking to improve their situation
D) bosses who control their organization
Answer: C
Explanation: C) Employees in today's world should no longer expect loyalty from their
organization. Employees do have some power to change their situation, ruling out "pawns with
no power" as a correct response, but not an excessive amount of power, ruling out "bosses who
control their organization." Ultimately, employees are free agents who should think of
themselves as constantly looking to better themselves and their job situation, making "free
agents" the correct response for this question.
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85) The advice, "Never leave a good job that you already have" ________.
A) was never true
B) is still true today
C) is no longer true
D) is true today more than ever
Answer: C
Explanation: C) Though employment experts used to think that it was foolish to leave a job that
you already had for a less than certain position, in today's world that is no longer true. In today's
fast-changing job market, employees must look ahead or they are likely to fall behind. If they
find what they think is a better offer with more potential than the job they have now, the
conventional wisdom currently says to go for that new position. These factors make "being no
longer true" the correct response and rule out all other responses.
Diff: 2 Page Ref: 188

86) Which statement best summarizes the relationship between success and luck?
A) All successes depend partly on luck.
B) Most successes depend totally on luck.
C) Success has nothing to do with luck.
D) Luck seldom has anything to do with success.
Answer: A
Explanation: A) Luck clearly plays a role in the success of such people as Bill Gates and others,
making the choices indicating that success has nothing to do with luck and that luck seldom has
anything to do with success incorrect responses. On the other hand, few, if any successes (except
such things as the lottery) depend totally on luck, making the choice indicating that most
successes depend totally on luck incorrect. Ultimately, all successes depending partly on luck is
the best description of how luck affects success—it influences almost all successful endeavors in
one way or another.
Diff: 2 Page Ref: 188

87) How did entrepreneurs like Bill Gates, Steve Jobs, and Paul Allen take advantage of luck
early in their careers?
A) They were all interested in computers.
B) They were all born in the same time period.
C) They all went to the same college.
D) They all joined IBM early in their careers.
Answer: B
Explanation: B) Bill Gates, Steve Jobs, and Paul Allen were all fortunate to be born at the right
time, between 1953 and 1956, making "being born in the same time period" the correct response.
They were old enough to start their own computer ventures around the year 1975, a time when
their older counterparts were already entrenched in established companies like IBM. Instead of
joining IBM, they all started computer companies of one sort or another. Their interest in
computers helped them to succeed, but they were smart, not lucky to have that interest. The three
did not go to the same college, and in fact Gates, for example, never finished college.
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88) One reason NOT to change jobs is to ________.
A) add new people to your network
B) keep your skills fresh
C) raise your income
D) keep your job tasks challenging and interesting
Answer: A
Explanation: A) Legitimate reasons to change jobs include keeping skills fresh, increasing your
income, and making sure that your job tasks don't get stale. Simply adding new people to your
network is not a good reason to change jobs, since you can easily work on your network while
you still have your old job through such things as conferences, alumni functions, and Internet
social networking sites. This makes "adding new people to your network" a poor choice so it is
the correct response for this question.
Diff: 2 Page Ref: 188

89) The best way to describe success is that it is a matter of matching up opportunities,
________, and luck.
A) intelligence
B) talent
C) skill
D) preparation
Answer: D
Explanation: D) There is no way to control luck, so the only way to take advantage of luck is to
be prepared when something lucky occurs, making preparation the correct response for this
question. Talent, intelligence, and skill are all important for success, but they are not as important
as preparation. Preparation is important because only the prepared person has the ability to
recognize luck and be ready to take action once it is recognized.
Diff: 2 Page Ref: 188

90) Even the prepared person cannot take advantage of luck unless she ________.
A) is highly intelligent
B) can take action when opportunity knocks
C) can convince others to join her effort
D) puts in 16-hour days
Answer: B
Explanation: B) Being smart, working hard, or being persuasive are often keys to success but
they are not necessary for taking advantage of luck. The willingness to take action when an
opportunity arises is the key to taking advantage of luck, because no amount of talent can make
up for the ability to take the plunge and act when the time is right. These factors make "taking
action when opportunity knocks" the correct response for this question.
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91) More than almost any other personal characteristic, this trait can affect your chances to be
successful.
A) assertiveness
B) confidence
C) optimism
D) cheerfulness
Answer: B
Explanation: B) The ability to be optimistic, cheerful, and assertive in the face of an uncertain
future is difficult and also necessary in today's highly competitive job market. They are not as
important, however, as confidence, which makes this choice the correct response for this
question. Confidence is one of the few characteristics that almost always ultimately translates
into success.
Diff: 2 Page Ref: 189

92) Confidence almost always translates into ________.


A) complete success
B) better performance
C) arrogance
D) efficiency
Answer: B
Explanation: B) Though confidence is invariably an element of success, confidence alone cannot
produce success, making complete success an incorrect response. Confidence can degenerate
into arrogance if a person isn't careful, but arrogance can easily be avoided if an individual
applies a measure of self-examination. Confidence has only an indirect effect on efficiency, but it
is closely linked to better performance, making this choice the correct response for this question.
Confident people are simply more successful than people who are not confident. Confidence
increases such things as effort and motivation, which result in people working harder and being
more likely to achieve success.
Diff: 2 Page Ref: 189

93) Confident people tend to set ________ goals for themselves.


A) fewer
B) easier to achieve
C) less ambitious
D) more ambitious
Answer: D
Explanation: D) Confident people tend to set more ambitious goals for themselves, not easier,
fewer, or less ambitious goals. The goals of confident people are more ambitious because they
have the belief that they can accomplish these goals, even though they may be difficult. This
makes more ambitious the correct response for this question.
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94) One reason that confident people are successful is that they ________ goals in the face of
difficulty.
A) persist in pursuing
B) know when to abandon
C) know when to change
D) get others to help them reach their
Answer: A
Explanation: A) Though it is sometimes not a bad idea to modify or abandon goals when you are
in trouble, a confident person will persist longer in the face of adversity than a person who lacks
confidence. This makes persistence the correct response for this question. Note that recruiting
help can also increase one's probability of success, but this characteristic is not associated with
confidence so getting help from others is an incorrect response.
Diff: 2 Page Ref: 189

95) The hallmark of a confident person is that after being criticized, he will ________.
A) decrease his efforts
B) increase his efforts
C) try a different strategy
D) refuse to change strategy
Answer: B
Explanation: B) When faced with negative feedback, a highly confident person will redouble
rather than decrease his efforts, making increasing his efforts the correct response for this
question. Confidence may also cause a person to change strategies, but this is typically done only
after all other efforts are shown to fail, so a different strategy is not a correct response. Refusing
to change strategy in the face of failure is a hallmark of stupidity, not confidence.
Diff: 2 Page Ref: 189

96) Confident people tend to be ________ with their jobs than people who lack confidence.
A) less satisfied
B) more satisfied
C) more frustrated
D) less patient
Answer: B
Explanation: B) Probably because of the extra effort they tend to put into their work, confident
people tend to be more satisfied, not less satisfied or more frustrated with their work than people
who lack confidence. This makes more satisfied the correct response for this question. If
anything, confident people would tend to be more patient, not less patient with their jobs, so less
patient is an incorrect response.
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97) ________ to increase one's level of self-confidence.
A) It is almost impossible
B) It is very easy
C) There are a number of ways
D) There is almost no way
Answer: C
Explanation: C) Increasing your level of self-confidence is not at all easy, but it is also far from
impossible. In fact, there are a number of ways to increase your self-confidence, making "a
number of ways" the correct response for this question. These ways include gaining experience,
observing others, practicing a skill, and gaining inspiration from someone else's belief in you.
Diff: 2 Page Ref: 189

98) Which of the following is NOT a likely way to boost your self-confidence?
A) observing others
B) experiencing success
C) raising your goals after experiencing failure
D) being persuaded by someone else that you can do it
Answer: C
Explanation: C) Perhaps the best way to boost confidence is to experience limited success in
some capacity. For example, a person learning to ski should practice first on a small hill before
trying to tackle a steep mountain. Observing how others tackle a problem and being told by a
credible source that you "can do it" are also good ways to increase confidence. One thing that
doesn't work for boosting confidence is raising goals in the face of failure. For example, after
falling on a small ski hill, it is likely to be disastrous to try a larger hill. These factors make
"raising your goals after experiencing failure" the correct response for this question.
Diff: 2 Page Ref: 189

99) This is the best strategy for a skier who lacks confidence in her ability to tackle a steep
mountain.
A) try a different mountain that is equally difficult
B) try a more difficult mountain
C) try an easier mountain
D) try snowboarding on the same mountain
Answer: C
Explanation: C) One of the best things to do to gain confidence is for a person to experience
success at an easier level than the level that is proving to be difficult. In golf, one might try an
easier golf course. In basketball, one might try a shot that is closer in. In skiing, one might try a
less-difficult mountain, making "trying an easier mountain" the correct response for this
question. Then, after experiencing success on the easier mountain, one might go back to the
original mountain and give it another try. Note that the three incorrect choices all in one way or
another involve trying to surmount the same challenge, rather than reducing the magnitude of the
challenge, so all are incorrect responses.
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100) Explain how the idea of a career has changed over recent decades.
Answer: In the past the term career usually referred to a single job or series of jobs within a
single organization. At most, a person might change jobs or organizations two or three times
during a lifelong career.

Today's career is much more fluid and variable. Rather than a single job in a single organization,
a career is seen as a series of jobs usually with different organizations, each job also likely to be
different.

A successful career in the past meant that an individual was able to attain a high position within a
single organization. Today success is also typically measured by the attainment of a high
position, but that position may be the result of multiple organization changes over the years.
Diff: 3 Page Ref: 185
AACSB: Analytic Skills

101) Describe how career planning was traditionally done in the workplace of the past.
Answer: Traditionally, career planning was organized for you within the organization that you
worked for. You would get a job and your superiors would map out a series of goals for you to
attain in order to advance. For example, goals in sales might include becoming a top salesperson,
then managing a district, then finally moving on to a top management position.

The important thing in a traditional career planning situation was that the path was clear. The
organization rather than the individual was in charge of laying out the path. All the individual
had to do was to overcome the obstacles that had been put in her path, and she would succeed.
Diff: 3 Page Ref: 185
AACSB: Analytic Skills

102) Explain how career planning is typically done today.


Answer: Today's career planning is an individual rather than an organizational activity. Where in
the past organizations structured a career path for an individual, today that structure is supplied
by the individual him- or herself.

The critical difference in the career planning of today is that the individual is on his or her own.
The individual must do all of the planning, guiding, strategizing, and developing of a career.
Since this path no longer occurs within the boundaries of a single organization it is called a
boundaryless career.
Diff: 3 Page Ref: 185
AACSB: Analytic Skills

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103) Explain why individuals in today's work world need to think of themselves as CEOs of their
own careers.
Answer: In the past a career was often well-mapped out within an organization. There was no
need for an individual to pay much attention to his or her career path as long as goals were being
met along the way.

In today's boundaryless careers, there is no clear-cut map or path to the future. If you begin to get
off course by making a poor choice or suffering a setback there is no one to help you correct your
course but yourself.

It is for that reason that individuals must think of their careers as a business and themselves as
CEO of that business. They are in charge of their career's progress and course of action. As CEO
they need to guide their career and keep it on a track that is likely to reach the personal and
professional goals they have set.
Diff: 3 Page Ref: 186
AACSB: Analytic Skills

104) Identify and describe the first step in career planning.


Answer: The first step in career planning is to identify and organize your skills, interests, work-
related needs, and values. Ask yourself such questions as: What am I good at and qualified for?
Which actual job skills and job experience do I have and which do I lack? What are my strengths
and weaknesses? What are my true interests? If I could have any job, what would it be, where
would it be located, and how much would it pay? What are my minimum requirements for a job
with respect to such things as compensation, location, and hours? How does my educational and
work experience stack up with the competition?

Once you have some answers to these questions, summarize your job candidacy into a coherent
picture. Try to see yourself as an employer would see you. Then ask yourself, Which type of
career am I well suited for? Which type of career would be realistic to pursue?
Diff: 3 Page Ref: 185-188
AACSB: Analytic Skills

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105) Identify and describe the second step in career planning.
Answer: The second step in career planning is to convert the information from step one into
general career fields and specific job goals. Think about the kinds of organizations and jobs that
might be a good match for the interests and abilities you have identified. Then look for market
opportunities that match your profile.

For example, if you are mathematically inclined you might look to such fields as accounting,
systems management, science, and finance as a career field. If your strength is interpersonal, you
might consider such fields as sports management, sales, or teaching. If you have special language
skills, you might look into fields of technical writing, law, or government research.

Finally, assess the strength of the match you made between your skills and interests and actual
opportunities in the market. You might be a whiz at finance, but if the job market is depressed in
this field you may need to consider an alternative. Similarly, if your interpersonal skills are
somewhat strong and opportunities in sales are strong, you might consider pursuing a career in
sales.
Diff: 3 Page Ref: 185-188
AACSB: Analytic Skills

106) Identify and describe the final step in career planning.


Answer: Once you have chosen a career field, make efforts to develop a competitive advantage
in that field and exploit it to the fullest. For example, if your field is scientific, get some kind of
training or learn some specific technique that makes you unique and special to employers.

Once you have a job, use your competitive advantage to get ahead and advance. Even if your
current job is satisfactory, stay on the look-out for new opportunities. Keep in mind that your
career is not a single job, but a series of jobs that hopefully move up in status, compensation, and
challenge as you progress.

Think of yourself as the CEO of your career. Keep planning and plotting to make your career as
successful as possible as you go through your life in the work world.
Diff: 3 Page Ref: 185-188
AACSB: Analytic Skills

107) Explain what a competitive advantage is and why it is important in career development.
Answer: A competitive advantage is any skill or special training you have that gives you an edge
in the job market. For example, being an able computer programmer gives a person a decided
competitive advantage in a finance job, since it would be useful in the job. Conversely, the same
skill might not be considered an advantage at all in a sales job.

A competitive advantage can help you get a job—for example a college degree is a common
competitive advantage that opens many doors for job seekers. A competitive advantage can also
help you advance through a job. For example, superior interpersonal skills might help a teacher
vault to the top of his profession.
Diff: 3 Page Ref: 186
AACSB: Analytic Skills

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108) Explain why a college education is a good investment.
Answer: Individuals with a college education average over $51,000 annually in income in the
United States. People without a college income make more than $23,000 less than that, coming
in at just under $28,000 a year. This difference in income over a career amounts to more than
$800,000. Clearly, this added income makes a college education an excellent investment.
Diff: 3 Page Ref: 186
AACSB: Analytic Skills

109) What does the phrase "Play to your strengths" mean in terms of choosing a career path.
Answer: In choosing a career path you should choose something that suits your skills, interests,
and temperament. If you are a "people person," for example, you should pick an industry that
values interpersonal skills. Similarly, if analysis is your forté you should go into something like
finance, law, or accounting.
Diff: 3 Page Ref: 186
AACSB: Analytic Skills

110) Explain why practice is important in developing a competitive advantage in some area.
Answer: Studies show that true proficiency in a field such as music or sports takes an incredible
amount of practice—10,000 hours over a ten year period, for example, to become a world class
tennis player or guitarist. Because of this need for repetition, any skill worth cultivating requires
an enormous amount of practice. So if you are a graphic artist, for example, assume that you will
need thousands of hours of practice before your skill gives you a true competitive edge over your
competition.
Diff: 3 Page Ref: 186
AACSB: Analytic Skills

111) Explain how networking helps people accomplish career goals.


Answer: Networking, or cultivating relationships with as many people as possible who can help
you in the work world, has a number of key benefits. First, and most importantly, knowing
someone can lead directly to a great job. Of course, you need to qualify for that job, but nothing
beats a personal, inside connection to a good job.

Other forms of networking are also valuable. Networking keeps you abreast of developments in
your industry and in your organization. Who is getting hired or fired? What are your chances for
promotion? What new products are being developed? Which organization is being bought or
sold? And so on. Networking can provide the answers to all of the preceding questions.
Diff: 3 Page Ref: 187
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112) Explain why it is better to be a specialist than a generalist in the work world.
Answer: In school, it pays to be a generalist because you need to excel at a wide variety of
disciplines from math to language to literature to do well in an academic setting. In the work
world, the opposite is usually true. If you are a computer programmer it doesn't matter any more
if you weren't good at writing essays or pronouncing words in Spanish. If you are good at your
specialized task you will succeed in your job.
Diff: 3 Page Ref: 187
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113) Describe what the best kind of competitive advantage to have is.
Answer: The best kind of competitive advantage is an advantage that is scarce in the job market.
In most cases this is a specialized skill that takes extensive training to acquire.

Having a skill or ability that is scarce can make you a unique and attractive candidate to an
employer. Keep in mind, however, that your competitive advantage skill should be something
that is useful to employers. Having an exotic skill that has no practical application is a mistake.
Your competitive advantage skill should be scarce but highly useful so it puts you in demand.
Diff: 3 Page Ref: 187
AACSB: Analytic Skills

114) Explain the role that luck typically plays in success.


Answer: Almost all success stories include an element of luck. For example computer moguls
such as Bill Gates and Steve Jobs were lucky to be born at just the right time to take advantage of
the advent of the personal computer. Had they been born any earlier or later, they probably
wouldn't have been in position to make their mark in the world.

That said, luck is usually only a minor part of any success. Bill Gates, for example, most likely
would have been extraordinarily successful at whatever he ended up doing—no matter when he
was born.
Diff: 3 Page Ref: 188
AACSB: Analytic Skills

115) Describe how to take advantage of the luck that you have.
Answer: There is no way to control the luck—or lack of luck—that you are given in your life.
What you can control are two things. First, you can be as prepared as possible to take advantage
of a fortunate event when it occurs. For example, when a job opportunity arises you need to have
the proper resumé to qualify for that job.

Secondly, in addition to being prepared you need to be willing to take action to take advantage of
an opportunity. Countless individuals have failed to capitalize on opportunities that came up—
thinking that they would wait for a better moment to act. In most of those cases the "better
moment" never arose, and the people missed the opportunity of a lifetime.
Diff: 3 Page Ref: 188
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