Choosing a Career
NIOS · Class 10 · Business Studies
Flashcards for Choosing a Career — NIOS Class 10 Business Studies. Quick Q&A cards covering key concepts, definitions, and formulas.
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What does the term career mean in business studies?
Answer
Career means an occupation with which opportunities for advancement or promotion can be availed of in life. It is not just one job. It includes the sequence of positions a person may hold during work-…
Why does career not mean only the choice of one vocation?
Answer
Career does not mean simply choosing one job or vocation. It means the progress a person makes through different positions in work-life. A career grows over time as skills, responsibilities, and oppor…
What is career planning?
Answer
Career planning is a lifetime process that starts after Secondary or Higher Secondary education. It helps a person think about the positive and negative aspects of a career and make sensible decisions…
Why is choosing a career important?
Answer
Choosing a career is important because it shapes future life, work habits, values, attitudes, and daily routine. A proper career choice helps a person use abilities well, face competition confidently,…
What are the two main alternatives in career choice?
Answer
Career choice mainly involves two alternatives: wage employment and self-employment. Wage employment means serving another person for wages or salary. Self-employment means engaging in an economic act…
Define wage employment.
Answer
Wage employment means serving another person for wages or salary. It is based on a contract between employer and employee. The employee works under the supervision and control of the employer during w…
What is the main feature of wage employment?
Answer
The main feature of wage employment is that the employee works under the supervision and control of the employer. The work is assigned by the employer, and income is fixed as wages or salary. Example:…
Define self-employment.
Answer
Self-employment refers to an occupation in which a person engages himself or herself in some economic activity on own to earn livelihood. The person manages the activity independently and bears the ri…
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