Money
What is income?
A business' main goal when marketing
What is to gain attention/profit?
A person who starts a business.
What is a entrepreneur?
Anything valuable that you own, such as cash, a car, or a home
What is an assest?
What DECA stands for...
What is Distributive Education Clubs of America?
Money that a business makes form selling something
What is revenue?
The act of building professional relationships to share information, data, and opportunities.
What is networking?
Someone who buys the product vs someone who consumes the product
What is the customer vs consumer?
The total money earned by a business before you deduct expenses.
What is gross income?
The final national competition is called...
What is ICDC?
Money a business spends to operate.
What are expenses?
The ideal customer group a business wants to market and sell its products to.
What is target market?
A place where people buy and sell products or services.
What is a marketplace?
A ranking based on a person or business's credit history that represents their ability to repay a debt.
What is credit rating?
ICDC 2027 is being hosted where...
What is California?
Money you borrow and have to pay back.
What is a loan?
An organized and time-limited series of activities used by a business to promote a product.
What is a marketing campaign?
Another business selling a similar product or service.
What is a competitor?
The highest-ranking finance professional in an organization.
What is Chief Financial Officer (CFO)?
What attire is required for competition?
What is business attire?
The general increase in prices and fall in the purchasing value of money over time.
What is inflation?
The percentage of the total revenue or sales in a market that a business makes up
What is market share?
A written plan explaining how someone will start and operate a business.
What is a business plan?
a snapshot of a business on a particular date. It lists all of your assets and liabilities and works out the net assets.
What is balance sheet?
The average time one must present for in DECA competitions...