Performance Indicators
Competition
Business Basics
Exam Questions
Guess the price!
100
Describe the use of technology in the promotion function.
Technology helps businesses promote their products by using online ads, social media, emails, and websites. It also helps them track how well their ads are working and connect with customers quickly. This makes promoting easier and more effective.
100
How do you make two ways of the DECA Diamond sign
100
What is an example of two competing businesses?
(ex: What is McDonald's vs. Burger King)
100
When reviewing your life experiences to help assess strengths and weaknesses, look for behavioral
a. choices
b. patterns
c. talents
d. Mistakes
What is patterns (B)
100
Edible Glitter
$8
200
Explain the importance of company involvement in community activities.
Company involvement in community activities is important because it builds a positive reputation, strengthens relationships with customers, and shows social responsibility. It helps the community thrive, creates goodwill, and can lead to increased customer loyalty and employee satisfaction.
200
The location of ICDC this year?
Where is Orlando, FL
200
What is a target market?
Who is a particular group of consumers at which a product or service is aimed
200
The business agreement under which a business distributes the goods or services of a parent company is called
a. partnership
b. corporation
c. franchise
d. Proprietorship
What is franchise (C)
200
Doritos Nacho Cheese
$4
300
Identify current emerging trends that could be used in sales promotions.
Personalization is becoming important as companies customize promotions for individual customers. Social media influencers are helping brands reach more people. Gamification is being used to make promotions more fun and engaging. Subscription models offer discounts and benefits to encourage loyalty. Eco-friendly promotions are growing as brands highlight their sustainability efforts. Flash sales create urgency with limited-time offers. AR/VR experiences are allowing brands to engage customers in new and interactive ways.
300
Where is state competition held at?
Where is Hawaii Convention Center
300
What types of medias can you use to advertise a business?
What is Social Media Advertising (Facebook, Instagram, Twitter, LinkedIn), Television Commercials, Email Marketing, Influencer Marketing, or Direct Mail (flyers, brochures)
300
When Matthew receives a check four times a year for income he has earned on his stock investments, he is receiving
a. credit
b. dividends
c. deposits
d. Cash
What is dividends (B)
300
Outdoor Golf Game
Additional Info: Contains both cornholes and chipshots to make for a fun backyard game!
$190
400
Explain why starting a new business could be riskier than other career choices.
Starting a new business is riskier because there's a chance of losing money and no guaranteed income at first. The business could struggle with competition, changes in customer needs, or bad economic times. Entrepreneurs also have to handle many tasks, which can be stressful and lead to burnout. Unlike a regular job, where responsibilities are clear, running a business comes with a lot of pressure and uncertainty.
400
How do you qualify for ICDC?
What is ranking top three in the event
400
What are the Four P's of Marketing?
What is product, price, place, and promotion.
400
What type of credit account advertises "90 days same as cash?"
a. budget
b. installment
c. regular
d. revolving
What is a budget (A)
400
iPhone 12 Pro 128GB
Additional Info: One of 3 iPhone 12 Models.
$1,000
500
Describe an advantage of saving money in an account at a financial institution rather than keeping the money at home.
One advantage of saving money in a financial institution is that it’s safer. Banks and credit unions are secure places to store money, reducing the risk of loss due to theft, fire, or other accidents. Additionally, your money may earn interest, helping it grow over time, which doesn’t happen if you keep it at home.
500
What does SCDC stand for?
What is State Career Development Conference
500
What is an example of a slogan?
Examples:
Taste The Rainbow - Skittles
Off The Wall - Vans
500
What information should employees avoid sharing with their coworkers?
a. operating hours
b. promotional ideas
c. inventory policy
d. current salary
What is a current salary (D)
500
Bill Gate's Mansion
Additional Info: A 66,000 square foot mansion!
$130,000,000