Marketing
Useful marketing information often helps businesses to:
A. decrease sales.
B. develop ethics.
C. solve problems.
D. prevent competition.
C. Solve Problems
Why is it important for business employees to ask relevant questions?
A. To offer suggestions
B. To send messages
C. To clarify meanings
D. To make statements
C. To clarify meanings
Which of the following is an effective strategy to use before beginning to read:
A. Think about what you want to learn.
B. Take notes.
C. Consult a glossary.
D. Summarize the information.
A. Think about what you want to learn.
What type of law is intended to enforce the rules and regulations of governmental agencies:
A. Procedural
B. Statutory
C. Commercial
D. Administrative
D. Administrative
What does DECA stand for?
Distributive Education Clubs of America.
Which of the following is a true statement regarding leadership and ethics:
A. Leaders are not always ethical, but ethical people are always leaders.
B. Leaders are never ethical, and ethical people are never leaders.
C. Ethical people are not always leaders, but leaders are always ethical.
D. Ethical people are not always leaders, and leaders are not always ethical.
D. Ethical people are not always leaders, and leaders are not always ethical.
Because they bridge the present to the future, excellent visions are
A. describable.
B. unrealistic.
C. long-term.
D. short-term.
C. long-term.
Which of these lodging services would most likely be automated using software:
A. Sales forecasting
B. Concierge
C. Room setup
D. Registration
D. Registration
To make sure he develops a realistic personal budget, Marcel should always
A. consult with a bookkeeper.
B. pay his bills on time.
C. verify his past credit rating.
D. track and record his expenses.
D. track and record his expenses.
How many level can you compete at? Name them.
3 levels:
Regional
State
ICDC
How would the introduction of a highly anticipated new product likely affect a business's sales forecast?
A. Predicted sales would vary based on geographic location.
B. Predicted sales would be high.
C. It would be impossible to predict sales.
D. Predicted sales would be extremely low.
B. Predicted sales would be high.
Chief operations officer, process improvement specialist, and call center supervisor are __________ positions.
A. operations management
B. business analytics
C. general management
D. human resources management
A. operations management
Zoos, museums, and amusement parks are examples of __________ in the __________ industry.
A. accommodations; travel
B. attractions; recreation
C. entertainment; lodging
D. events; tourism
B. attractions; recreation
The first step in maintaining an inventory of supplies for the business is to
A. develop a list of supplies that the business needs.
B. conduct research to find vendors that sell the supplies.
C. compare prices among vendors.
D. organize a space to store the supplies.
A. develop a list of supplies that the business needs.
Where is the states held every year for New York?
Rochester
A business expense such as utilities is usually classified as a(n) __________ expense.
A. variable
B. fixed
C. break-even
D. elastic
B. fixed
The litigation process begins when
A. the plaintiff files a complaint with the court.
B. the defendant files an answer with the court.
C. the parties reach a settlement.
D. an appeal is considered.
A. the plaintiff files a complaint with the court.
What type of promotional method is often effective when dealing with corporate travel departments and meeting planners?
A. Personal selling
B. Radio advertising
C. Award programs
D. Public relations
A. Personal selling
When preparing a statement of changes in an owner's equity document, which of the following are specifically represented on the statement:
A. New investments by the owner
B. Property taxes paid by the owner
C. Depreciation of company assets
D. Lost revenue due to discharged debt
A. New investments by the owner
What are the DECA official colors?
Blue and Gold
When a product has been distributed throughout a population and the only chance for increased sales is population growth or a shift in market share, the product has reached
A. penetration pricing.
B. price skimming.
C. population fixation.
D. market saturation
D. market saturation
Which of the following is subtracted from operating cash flow to find free cash flow:
A. Capital expenditures
B. Dividends
C. Acquisitions
D. Earnings
A. Capital expenditures
A restaurant has $8,550.00 in credit card sales for 135 credit card transactions. The following fees are charged for each credit card transaction: $1.27 to the issuing bank, $0.10 to the card association, $0.22 to the acquiring bank, and $0.20 to payment gateway. What percentage of total credit card sales goes toward fees?
A. 3%
B. 2%
C. 1.5%
D. 3.5%
A. 3%
What do bond yields typically do during an economic expansion?
A. Drop to near zero
B. Gradually decrease
C. Increase
D. Remain unchanged
C. Increase
DECA was established nationally in what year?
1946