Finance
The basic physical currency—bills and coins—that you use to pay for things.
What is Cash?
The recognizable symbol, design, or logo that identifies a company, like Nike’s "Swoosh."
What is a Logo (or Brand)?
A business that provides temporary lodging and rooms for travelers.
What is a Hotel?
Our DECA chapter advisor who monitors, mentors, and meets with the leadership team and members.
Who is Mrs. Williams?
A person who takes the risk to invent a business idea and start their own company.
What is an Entrepreneur?
Money that a business makes from selling its products or services, before taking out any expenses.
What is Revenue (or Sales)?
The specific group of customers that a company aims its products and advertising toward.
What is a Target Market?
The person at a hotel who greets guests, checks them in, and hands over their room keys works at the front _____.
What is the Front Desk?
The official name for the national DECA competition.
What is ICDC?
Opening a location of a famous chain, like buying the rights to own a local McDonald's or Subway store.
What is a Franchise?
What a business earns when its total revenue is higher than its total expenses.
What is Profit?
Paid announcements on TV, social media, or billboards designed to convince people to buy something.
What is Advertising (or Promotion)?
Traveling away from home for leisure, fun, or vacation is known as this industry.
What is Tourism?
White Knoll High School's DECA Chapter Trunk or Treat Theme last year
What is Minions
The chance of losing money or failing when launching a new business venture.
What is Risk?
A plan for how a business or individual will spend and save their money over a set period.
What is a Budget?
Lowering a price temporarily from $10 to $7 to get more customers to buy is called a price _____.
What is a Discount (or Sale)?
Securing a hotel room or flight ticket in advance before your actual trip date.
What is a Reservation (or Booking)?
White Knoll High School's student who placed highest at State last year
Who is Morgan Smith?
A fast, 30-to-60-second speech used to explain a business idea quickly to a potential investor.
What is an Elevator Pitch?
Money that a business or person owes to someone else, such as a bank loan.
What is a Debt (or Liability)?
Placing a cold drink display right next to a hot beach on a summer day adds value by using this "P" of the 4 Ps
What is Place?
Making sure customers feel welcomed, valued, and well cared for is the main goal of customer _____.
What is Customer Service?
This person was the VP of Finance last year for our DECA Chapter. They were one of the most honorable, reliable, amazing, and beautiful people in the club.
Who is Trevor Jamison?
A brand-new business that is just starting out, often founded by one or two people.
What is a Startup?