Terms
Businesses in the Real World
Exam Questions
DECA Knowledge
100

Amount of merchandise/product on hand at any given time

What is inventory?

100

What are two competing businesses?

Name any!!

Google and Apple, Pepsi and Coca Cola etc.

100

Jane enjoys working with people, is interested in television and advertising, has excellent grades in english and speech, and is very creative. what occupational area would she be better suited to pursue?

a. Personal services

b. Business and office

c. Communications and media

d. Health and fitness

C

100

Show us your DECA Diamond!

Wrong unless you showed us the DECA Tringle...

200

Products that leave for(or are sold to) another country

What is exports?

200

What are some nonverbal cues?

Name anything!!
Eye contact, hand gestures, etc.

200

When writing a follow-up letter one should follow the guidelines for writing a...

A. summary

B. business letter

C. personal letter

D. progress report

B

200

Who is the head of DECA ON?

Olga Plagianakos

300

Bargaining process in which two or more parties seek common ground and reach an agreement

What is negotiation?

300

What is a business that personalizes your buying experience? Come up with one for in store personalization and one for online.

Almost anything!!

Roots, Amazon, Spotify, Starbucks, etc.

300

The process of keeping the financial records of a business is known as…

a. Controlling

b. Accounting

c. Financing

d. Bookkeeping

B

300

What does ICDC stand for?

International Career Development Conference

400

The process in which a business develops, establishes, and maintains relationships with its consumers.

What is customer relations?

400

Name a business that starts with the letter "y"

Yahoo, Youtube, Yacht Club de Monaco, Yankee Candle, etc.

400

On February 13, to prepare for Valentine's day, a business should make sure that...

A. red items are displayed

B. Valentine's products have been ordered

C. staff from the previous year have been booked to work

D. advertisements have appeared in the local newsaper

A

400

What is the DECA ON motto?

NEXT LEVEL

500

A circumstance that puts a company in a favorable or superior business position

What is competitive advantage?

500

What percentage of jobs do small businesses provide in Canada?

70%

500

Calculate the mean using the following statistical table: 

Numeric Value of Response|Number of Responses

6     |     8

5     |     12

4     |     16

3     |     14

2     |      9

1     |     6


A. 2.9 

B. 3.3

C. 3.7  

D. 4.1 

C

500

What is the password for RCSS DECA Quizlets?

virtualrcssdeca