Emotional Intelligence 1
Self-esteem can be defined as:
a. A person's overall evaluation or appraisal of their own worth.
b. The ability to identify with and understand the emotions of others.
c. The ability to lead and motivate a group of people
d. A person's attitude toward their physical traits.
A person's overall evaluation or appraisal of their own worth.
No matter the situation, Alyssa adheres to her personal ethics. Alyssa has:
a. Honesty
b. Insecurity
c. Integrity
d. Initiative
Integrity
Changing your methods as a result of unforeseen events is defined as:
a. Compromise
b. Coping
c. Managing
d. Adapting
Adapting
How is entrepreneurship related to economic activity?
a. It involves the operation of an enterprise with the goal of creating value or wealth by ensuring optimal use of scarce resources.
b. All of these are correct.
c. It may involve the direct sale of goods and services to another person or entity.
d. It involves the creation of jobs.
All of these are correct
What is the exchange of good and services among countries?
a. Importing
b. International trade
c. Sanctions
d. Tariffs
International trade
What is a benefit of individuals assessing their personal strengths and weaknesses?
a. To improve their work performance
b. To overcome a personal bias
c. To demonstrate more assertiveness at work
d. To negotiate a pay raise
To improve their work performance
One of the first steps to effective time management is to:
a. Purchase a new planner/organizer to get started
b. Focus on the end of the day for motivation
c. List the most profitable actions and focus on those
d. Focus on objectives that must be accomplished that day
Focus on objectives that must be accomplished that day
What does DECA stand for?
a) Trick Question, it does not mean anything
b) Dedication Educated Clubs of America
c) Distributive Education Clubs of America
d)Determined Educated Clubs Association
Distributive Education Clubs of America
Select the best definition of entrepreneurship.
a. Buying a new company and outsourcing the work to be done within the company.
b. Identifying business trends and contemplating the opportunities regardless of the risks.
c. The willingness to assume risks in business for the rewards which may be found within the opportunities.
d. Testing a venture to determine feasibility.
The willingness to assume risks in business for the rewards which may be found within the opportunities.
The owner of ABC Company recently conducted a survey on current market trends. They found 67% of their target market would prefer to buy products online. What role is the owner practicing?
a. Problem-solving
b. Self-motivation
c. Planning
d. Conducting research
Conducting Research
Marla is a young entrepreneur who has created an online business of making and selling crafts through a website. Her inspiration for her business came from noticing popular crafts on Pinterest and deciding she could do a better job. Marla has:
a. Stolen someone else's idea from social media
b. Taken on a great risk
c. Used social media to solicit new ideas
d. Spent more money on advertising in order to become more successful
Used social media to solicit new ideas
When a person spends money on themself, they are exposed to:
a. Financial risk
b. Relationship risk
c. Future profits
d. Debt
Financial Risk
Alex was just awarded "employee of the month" at work. This is an example of a:
a. Gift
b. Delegated task
c. Formal recognition
d. Power move
Formal Recognition
Penny is an entrepreneur who has just started a local restaurant. Since her restaurant just opened, she's often assuming many roles to ensure success. She's been a cook, waiter, dishwasher, and back office manager just in her first week of business. What skill is Penny utilizing?
a. Decision-Making
b. Problem-solving
c. Multitasking
d. Risk-taking
Multitasking
Leonard created and has begun to implement a plan to make store-bought water bottles reusable. What word best describes Leonard?
a. Creator
b. Entrepreneur
c. Marketer
d. Innovator
Innovator
Karen, a manager, allows her employees to have a say in their work and gives each of them the authority to make decisions. Karen provides her employees with:
a. Motivation
b. Enthusiasm
c. Transparency
d. Autonomy
Autonomy
Carla is attending college in the hopes of landing her dream job. While her personal vision statement includes landing her dream job, right now Carla is working on achieving her personal:
a. Strategy
b. Mission statement
c. Long-term goals
d. Tactical plan
Mission Statement
As a manager, Julien enjoys working closely with his employees and speaks with them often. His employees appreciate how involved he is. This is an example of how:
a. Conflict-resolution skills are needed in the workplace.
b. Ethical behavior is necessary to obtaining goals.
c. Communication is an important element of fostering positive working relationships.
d. Delegation is a critical management task.
Communication is an important element of fostering positive working relationships.
Entrepreneurship is continuously in the midst of a(n) _____ business environment.
a. growing
b. stable
c. declining
d. uncertain
Uncertain
A food company wants to sell its ice cream treats globally with the name's of professional baseball teams. What opportunity does the company need to engage in?
a. Importing
b. Franchising
c. Licensing
d. Outsourcing
Licensing
Which of the following is an example of unethical behavior in the workplace that involves confidential information?
a. A manager advises an employee that s/he is being laid off due to the company's financial problems.
b. An employee posts the delivery schedule on the employee tack-board to inform everyone of the deliveries that day.
c. A manager gives each employee the quarterly sales reports and then discusses next quarter's goals.
d. A manager tells a coworker how much each member in his department earned last year in bonuses.
A manager tells a coworker how much each member in his department earned last year in bonuses.
Customer feedback is valuable when making decisions. However, business owners often do not ask for feedback. The number one reason business owners do not ask is:
a. They do not care what their customer thinks.
b. Business owners are usually too busy to ask for feedback.
c. The belief that customers do not know as much as the business owner.
d. Fear of receiving negative responses.
Fear of receiving negative responses.
When was DECA started?
a)1964
b)1946
c)1932
d)1923
1946
Which of the following activities of an entrepreneur comes with potentially more risk than the other options listed?
a. Obtaining funding from friends or family to start the business.
b. Conducting market research.
c. Creating a business plan.
d. Calculating profit.
Obtaining funding from friends or family to start the business.
An opportunity to do business internationally comes from __________, which occurs when a company seeks to obtain goods or a services from an outside or foreign supplier.
a. Franchising
b. Licensing
c. Exporting
d. Outsourcing
Outsourcing