Hospitality & Tourism
What is the most common place where guests stay when they travel?
Hotel
What do you call someone who starts their own business?
An Entrepreneur
What is the name of a commercial that is used to promote a product?
An advertisement
What is the name for the money you earn from selling products?
Revenue
What does DECA stand for?
Distributive Education Clubs of America
What does a tour guide do
A person who leads visitors and provides information about tourist sites
What is the term for a written plan that outlines a business idea and goals?
A business plan
What is a coupon?
A discount or special offer to save money on a product
What is the term for money that is spent to keep a business running?
Expenses
What is the main purpose of DECA?
To prepare students for careers in business and leadership, but also to promote critical thinking, argumentative skills, and networking!
What is the name of a person who helps book flights, hotels, and tours for travelers?
Travel Agent
What are the 3 main risks in starting a business?
Wasting of time, money, and effort (without knowing if the business will succeed)
What does "Target Market" or "Target Audience" mean?
A specific group of people that a business aims to sell to
What is the name for money that is left over after expenses are paid?
Profit
What type of event do DECA members participate in to practice business skills?
Written exams, role-play competitions, or written competitions
What is the primary goal of customer service?
To make sure guests are happy and satisfied
What is one reason someone might want to start their own business?
To be their own boss or to make money
What is the main goal of marketing?
To attract customers and sell products
What is a budget?
A plan that tracks how much money you earn and spend
What is an area that DECA competitions focus on?
Marketing, finance, hospitality, management, entrepreneurship
What is the term for the total number of rooms available for rent in a hotel?
Room capacity
What is a "startup"?
A new, small business that is just getting started
What is a brand?
The name, logo, and image a company uses to identify its products
What is the term for money that a business owes to others?
Liability/Credit
What was the number that Farzad erased at the beginning of the meeting?
2173