Business Management and Administration
A business must sell a certain amount of goods or services to create ____ ____ for the company.
A. debt
B. free trade
C. competition
D. profit
D. profit
Which of the following people would make the best entrepreneur?
A. A risk-averse person who wants to work 9:00 a.m. to 5:00 p.m.
B. A person who lacks self-confidence
C. A risk-taker who has a strong work ethic
D. A person who works so hard, they make themselves sick
C. A risk-taker who has a strong work ethic
Aleena's boss just assigned her a new project. She must create a video presentation, which she has no idea how to do. She feels discouraged, but then reminds herself that this is an opportunity to learn an important new skill. This is an example of which step for maintaining a positive attitude:
A. Look good.
B. Have a sense of humor.
C. Think positively.
D. Surround yourself with positive people
C. Think positively.
Which approach to fairness includes treating others how they deserve to be treated according to an ethical understanding of what is right?
A. Empathy
B. Equality
C. Consistency
D. Justice
D. Justice
Where is ICDC this year? (2026-2027)
Anaheim, California
California is accepted
After starting to write his paper, Darsh realized that he needed to use three sources instead of two. He only had to rewrite the introduction rather than the entire paper. This is an example of how..
A. project quality is the most important criterion to measure.
B. only careless people need to take corrective actions.
C. monitoring projects saves time and resources.
D. it is important to build relationships with stakeholders.
C. monitoring projects saves time and resources.
How can government laws and regulations result in economic risk?
A. They can reduce a business's profits.
B. They can protect consumers.
C. They can make businesses less safe.
D. They can result in environmental problems.
A. They can reduce a business's profits.
What is the first step you should take when planning a project?
A. Determine quality standards.
B. Identify the project's stakeholders.
C. Identify resources.
D. Develop a draft plan.
B. Identify the project's stakeholders.
Mr. Livermore is writing a complex report that will be submitted to the company's board of directors. He has collected relevant information that he would like to provide to the audience—information that is not necessary to include in the body of the report. In what section of the report should Mr. Livermore include this supplemental information?
A. Appendix
B. Table of contents
C. Executive summary
D. Bibliography
A. Appendix
What does DECA stand for?
Trick Question - Nothing!
(FORMERLY Distributive Education Clubs of America)
What is a factor that affects a business's relations with its customers?
A. Behavior of competitors
B. Condition of associates
C. Location of suppliers
D. Attitude of employees
D. Attitude of employees
Kush was having a hard time coming up with ideas to solve a problem that he was having at work. He decided to write down some things that he could do to make the problem worse. He then reviewed each negative statement and thought of ways to improve the situation. What problem-solving technique was Kush using?
A. Attribute listing
B. Reverse brainstorming
C. Mind mapping
D. Appreciative inquiry
B. Reverse brainstorming
Management is divided into major functions, two of which are
A. controlling and directing.
B. analyzing and planning.
C. staffing and supervising.
D. organizing and producing.
A. controlling and directing.
What are businesses often able to do if they have a narrow product mix?
A. To industrialize
B. To generalize
C. To specialize
D. To cannibalize
C. To specialize
What was STCE DECA's first tiktok?
Dapping up 10's at Fall Leadership Conference
FOLLOW THE TIKTOK IF YOU GOT THAT WRONG
Six Sigma, SQC, and ISO 9000 are all examples of...
A. workplace behavior policies.
B. decision support systems.
C. performance appraisal methods.
D. quality management frameworks.
D. quality management frameworks.
Why would a bank examine a business's balance sheet?
A. To determine whether to declare the company bankrupt
B. To meet its oversight responsibilities of the business community
C. To recognize its most profitable customers
D. To determine whether the company qualifies for additional credit
D. To determine whether the company qualifies for additional credit
Which of the following is a piece of information that is often added to a customer relationship management (CRM) system:
A. J*b applications
B. Product inventory
C. Sales opportunities
D. Budget spreadsheets
C. Sales opportunities
What type of planned obsolescence is generally considered socially and economically desirable because the replacement product offers more benefits or a lower cost?
A. Technological
B. Style
C. Psychological
D. Fashion
A. Technological
How many High Schoolers are in DECA? How many make ICDC?
A. 100,000, 15,000
B. 150,000, 20,000
C. 200,000, 20,000
D. 200,000, 30,000
C. 200,000, 20,000
Aryan wants to determine his company's earnings before interest, taxes, depreciation, and amortization (EBITDA). Some of the information that he needs to calculate EBITDA is found on the income statement, but other necessary information appears on the cash flow statement. What information does Aryan need to gather from his company's cash flow statement?
A. Earnings and depreciation
B. Amortization and tax
C. Tax and interest
D. Depreciation and amortization
D. Depreciation and amortization
Agents are usually hired to perform channel functions for...
A. wholesalers.
B. distributors.
C. retailers.
D. producers.
D. producers.
Which of the following is a common cause of disparate data structures within many large corporations' financial information management systems?
A. Capital structure
B. Channels of distribution
C. Mergers and acquisitions
D. Accounting method
C. Mergers and acquisitions
Ms. Stone, the owner of Doxie Dog Rescue wrote an article about the organization's latest fundraising campaign and emailed it to three local newspapers. She hopes that at least one of the three papers will run the article for free in their publication. Ms. Stone is using a __________ to promote her organization's activities.
A. editorial
B. press kit
C. matte release
D. letter to the editor
C. matte release
Aryan's Nightmare Question - $1000
A company seeking to maximize stakeholder value creates a synergistic ecosystem of AI-enabled customer journeys, leverages predictive analytics to drive omnichannel engagement, and deploys a KPI framework emphasizing revenue acceleration, margin expansion, and market-share acquisition. Which stakeholder is most likely to challenge management's decision-making framework?
A. Investors concerned about declining return on equity
B. Customers concerned about privacy and data governance
C. Suppliers concerned about inventory carrying costs
D. Competitors concerned about barriers to entry
B. Customers concerned about privacy and data governance