DECA History
What did DECA used to stand for?
Distributive Education Clubs of America
This term refers to the amount of money left after all expenses are paid
Profit
What are the ¨4 Ps¨ of marketing?
Product, Price, Place, and Promotion
Who is the founder of Microsoft?
Bill Gates
What is the name of DECA'S national competition?
ICDC
In what year was DECA founded?
1946
What is the term for money that a business earns from selling goods or services
Revenue
What is it called when a company sells its product to a specific group of consumers?
Target marketing
Which entrepreneur founded Amazon?
Jeff Bezos
Where is ICDC going to be held this year?
Orlando, Florida
How many countries have DECA chapters?
9
This business term describes a market structure with only one seller
A short phrase that encapsulates the essence of a brand is known as what?
A slogan
Who is the CEO of Tesla and SpaceX?
Elon Musk
This type of DECA event involves a simulated business scenario where participants must solve a problem
Role play
What is DECA'S mission statement?
prepares emerging leaders and entrepreneurs in marketing, finance, hospitality, and management
The financial statement that shows a company's revenues and expenses over a period is called what?
Income statement
What is a BOGO?
Buy one get one
This woman is the youngest self made female billionaire
Sara Blakely
What kind of event involves students presenting a prepared project to a judge?
A written project?
What symbol is featured in the DECA logo?
Diamond
What is it called when a company reduces the price of an item for a short time to encourage sales?
A sale or discount
What is it called when companies use colorful packaging to attract customers?
Visual marketing
Who is the founder of Apple Inc?
Steve Jobs
Which month is recognized as DECA month?
November