Retail Price
Mark-up
Mark-down
Discounts
Shipping Terms
100
What is the definition of Retail Price?
The price of a good or product when it is sold to the end user for consumption.
100
What is the definition of Mark-up?
The amount added to the cost price of goods to cover overhead and profit.
100
What is the definition of Mark-down?
Temporary reduction in the selling price of an item to simulate its demand.
100
What is the definition of Discounts?
A deduction from the usual cost of something.
100
H P I G N S I P M S R E T Unscrabble
SHIPPING TERMS
200
What is the equation for Retail Price?
cost + mark up
200
What is the equation for Mark-up?
retail - cost
200
What is the equation for Mark-down?
retail - discount price
200
What is the equation for discounts?
Price - discount percentage = selling price
200
What is the definition of Shipping Terms?
Point at which ownership of freight changes hands from shipper to consignee.
300
What does DECA stand for?
Association of marketing students
300
How many divisions are there in DECA, and what are they?
5; -High School, -Collegite, -Jr. Collegite, -Alumni, -Professional
300
What is the DECA logo?
Diamond
300
What year was Holmen DECA founded?
1974
300
What are the three levels of DECA?
Local, National, State
400
Who is the DECA president?
Alison Butterfeild
400
What are the DECA colors and what do they mean?
Blue: Sincerity; Gold: Crowning Glory
400
3 things that make a good DECA chapter?
Involved members, Advisers, Leadership
400
What are some state events?
COW, Districts, State, Nationals
400
Who is one of the Holmen Advisers?
Mrs. Breske, Mrs. Osgood, Mr. Shriver
500
Who is the state Supervisor?
Tim
500
What year was National DECA founded?
1946
500
What year was State DECA founded?
1965
500
True or False: Holmen DECA is in the Western Region?
False
500
Who are 5 DECA advisers?
Ashley Kromke, Max Koss, Bobbi Anderholm, Ben Jones, Tyler Perterson, Whitely Chalsma, Brett Davis
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