This principle explains the amount of a product the seller is willing to sell at a given price, as well as the amount of a product the potential customer is willing to buy at a certain price.
What are the principles of supply and demand?
These are items such as supplies, insurance, and cash that a person owns.
What are Assets?
"Taste the Rainbow"
What are Skittles?
When can you join Deca?
What is grades Nine through Twelve
CMO
What is Chief Marketing Officer?
This impact can increase costs for businesses, which can lead to higher prices for consumers.
What is the economic impact of inflation on business?
This is referred to as the movement of money in and out of your business
What is cash flow?
"Just do it"
What is NIKE?
In DECA competitions, most categories judge their students' ability to finds solutions to problems with this form of interaction.
What are Role-plays?
PR
What are Public Relations?
All parties agreeing, and something of value being exchanged for something else of value are two elements that must be within this document.
What is a legally binding contract?
This refers to all the benefits — monetary or otherwise — received from an investment
What is the Return on Investment (ROI)
"Good Food, Good Life"
What is Nestle?
All categories require students to properly exemplify these measures of success.
What are Key Performance Indicators?
LLC
What is Limited Liability company?
This management is a process of bringing people and organizations together so that the goals of each are met.
What is Human Resources management?
A specific factor that differentiates your product or service from your direct competitor (e.g., cost, quality, added use) is referred to as this term
Unique Selling Proposition
Daily Double!
"Quality is Job 1"
What is Ford?
The 5 core principles that DECA offers categories in.
What is finance, management/administration, hospitality & tourism, Marketing, and Entrepreneurship?
S&P 500
What is Standard and poor 500?
these are 3 Factors that influence customer/client/business buying behavior
What is Customer Experience, Motivation, Perceived Effort, Pricing, Scarcity, and/or Uncertainty?
A startup company, usually privately-held, which reaches a valuation of over $1 billion is referred to by this term.
What is a unicorn?
"Together we fly."
What is Allegiant?
The key role of DECA
What is to prepare emerging leaders and entrepreneurs for careers around the Globe?
DECA
What is the Distributive Education Clubs of America