Functions
Marketing Mix
DECA
Economics
Misc.
100
Involves shipping, handling, and storing of items on the way from the producers to the consumer.
What is Distribution
100
The determination of an exchange price that the buyer and seller perceive value with.
What is Pricing
100
DECA founded in...
What is 1946
100
Has no government involvment
What is Market or Capital
100
Ecomonic behavior for the ENTIRE society
What is macroeconomics
200
Obtaining products for the use of the business
What is Purchasing
200
Communicating and informing people about the product.
What is Promotion
200
The points of the DECA diamond represent...
What is social intelligence, leadersship development, civice consciiousness, and vocational understanding.
200
The government controls everything
What is Command or Planned
200
Law of Demand
What is as the price of a product is increases the demand will decrease and vice versa
300
Gathering, recording, analyzing, and disserinating information to aid making marketing decisions.
What is Market Information Management
300
The convenience of where you go to buy your product
What is Place
300
The DECA mission
What is prepares emerging leaders and entrepreneurs for careers in marketing, finance, hospitality and management.
300
Characterized by business ownership Government takes care of the people A democracy
What is Capitalism
300
All the consumers who are willing to purchase a product
What is economic market
400
Creating the product and packaging that product.
What is Product Planning
400
What you buy
What is Product
400
The DECA diamond has changeg how many times?
What is five
400
Increase government involvment Runs key industries Keep prices low and employ
What is Socialism
400
The point where supply and demand for a product are equal
What is market price
500
Determinging the amount of money you need to run your business.
What is Financing
500
Known as the four P's
What is Promotion, Place, Promotion, and Product
500
DECA values
What is competence, innovation, integrity and teamwork.
500
Government runs everything One party Everyone assigned a house, occupation, and school
What is Communism
500
What are resources?
What is land, oil, coal, fish, timber, diamonds, and labor.
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