DECA Exam Package Deal -Solved

The reason for using certain communications channels, such as coupons, in sales promotion is to: - ANSWER-generate an immediate response In an ancient society, townspeople used cows to pay for the things they needed. The cows are an example of __________ money: - ANSWER-commodity A promotion t...

Franchise - ANSWER-a contractual agreement between a parent company and a franchisee to distribute goods and services Corporation - ANSWER-a form of business ownership that is owned by stockholders who have purchased units or shares of the company Elastic Demand - ANSWER-demand that changes ...

One business promising to do something for another business in return for receiving compensation is an example of - ANSWER-contract. A basic principle of procedural due process involves __________ before taking action. - ANSWER-providing notice Channels of distribution allow channel members to...

consumer questionnaires, surveys, and direct interviews are all forms of data collection used in the____function of marketing. - ANSWER-Information management A traditional ordering system typically begins with - ANSWER-The business gathering sales data and inventory information what type of a...

Sovereign Community - ANSWER-A legal concept stating that the courts in a country represent the country's laws, and their decisions cannot be reversed by the decision of courts in other countries. Legal concept that affects foreign countries Eminent Domain - ANSWER-the right of a government o...

information about a job opening, perhaps providing some indication about the type of work or whom to contact - ANSWER-job lead This stage of the interview presents an opportunity for the potential employee to show they have some knowledge about the company and its history. - ANSWER-second What...

When filming a tort against a business, the plaintiff must establish that the defendant? - ANSWER-Breached his duty care A debtor-creditor relationship exists when? - ANSWER-Interest is charged Which is the following is an example of a responsibility associated with administrative law? - ANSWE...

Executive summary - ANSWER-Brief overview of the entire marketing plan Pricing - ANSWER-Deciding how much to charge for goods and services Market share - ANSWER-Percentage of total sales generated by competing companies Organizational market - ANSWER-Businesses that buy products for use in ...

What is an example of a tort associated with the invasion of privacy? - ANSWER-A company uses an athlete's photo without permission to imply As an audience member, what should you do to encourage a speaker during an oral presentation? - ANSWER-Smile A primary use of flow charts in business do...

Calculate business profit - ANSWER-Total revenue-expenses= profit Importance and methods for maintaining financial records - ANSWER-Keep track of all expenses, taxes, and good for business reports. Hire a bookkeeper, updated software system, and create a business bank account. Types of Bookkee...

Limited liability is a characteristic of what form of business ownership? A. Sole proprietorship B. Partnership C. Corporation D. Joint proprietorship - ANSWER-C. Corporation Where are you most likely to read relevant, valid information about federal legislation such as copyright law? A. O...

DECA identifies the program of student activities as are related to... - ANSWER-Business and Marketing instructional classes. Co-curricular organization providing hands on experience and networking that serves DECA members far beyond high school. National DECA head quarters is located in... - ANS...

Active in - ANSWER-1951 CA DECA Inc. - ANSWER-Adult governing body of California DECA CA DECA Inc. Board of Directors - ANSWER-Sets policies for California DECA California Advisory Board (CAB) - ANSWER-industry representatives that advise and validate California DECA activities - ANSWER...

A la Carte Menu - ANSWER-A food and drink menu in which each item is listed and priced separately afilliated hotel - ANSWER-A hotel that is a member of a franchise, chain or referral system. Membership usually provides special advantages, such as the use of a national reservation system. All-I...