Career Journal

By Kayla Swicegood

Accounting, Banking, and Finance

What is Accounting?

-Accounting is a method of reporting financial activity of a business

-Financial transactions recorded in an orderly fashion

-Accounting Equation is Assets=Liabilities + Owner's Equity

What is Banking?

-Accepting deposits and processing withdrawals

-Preparing money orders and cashiers checks

-Opening new accounts for customers

-Processing loan applications

What is Finance?

-is related to investments and managing finances

-Activities include:

-Analyzing budgets

-Buying and selling stock and other securities

-Counselling Investors

Management

What is Business Management?

What is Business Management?


Business Management is the direct control of a business or enterprise. This means working with people and using resources effectively and efficiently to accomplish organizational goals.

Levels of Business Managers

The 4 Functions of Managers

Planning

-Setting company goals

-Deciding what must be done (Top-Level Managers)

-Deciding who will do what

-Deciding how the work will be grouped

Organizing

-Assigning managers different tasks

-Coordinating activities

-Knowing what other managers are doing

Leading

-Creating a vision for the company

-Setting standards

-Communicating company goals to employees

-Providing guidance

-Resolving conflict between employees

Controlling

-Keeping the company on track

-Making sure all goals are met

IT Career Research

What is IT?

IT stands for Information Technology, and it is technology that enables information to be used to produce products and services. Examples of IT careers include Computer Engineer, Graphic Designer, and Computer Systems Analyst.

Marketing

What is Marketing?

Marketing is the action or business of promoting or selling products or services, including market research and advertising.

Entrepreneurship

What is Entrepreneurship?

Entrepreneurship is the willingness to take risks and develop, organize and manage a business venture in a competitive global marketplace that is constantly evolving. An entrepreneur is an inventor of a consumer need or want.